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CML: Mortgage arrears and possessions conference at the The Midland Hotel, Peter Street, Manchester, M60 2DS
Personal Touch buys packager
Personal Touch Financial Services (PTFS) has announced it has entered into agreement, subject to contract, to buy Clear Mortgage Administration Ltd.
Dev Malle, sales director at PTFS said, “In a challenging market it is essential that we have control and certainty for our distribution and members. Owning an important part of the mortgage placement service means we can plan strategically without conflicting with third party businesses so we decided for the first time to own our own packaging function. The decision to enter into a process to purchase Clear was based on the fact it is well respected, is financially sound and has an excellent track record on service.”
The packager will be rebranded Personal Touch Mortgage Administration Services and, with immediate effect, will move onto PTFS’ Premier packaging panel.
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