Thursday 17 April 2014 | RSS Feed

Mortgage Pro lures advisers with payment at offer deal

Mortgage Pro is recruiting advisers across the UK by offering brokers payment of fees as soon as an offer is produced by a lender.



Yuan Phoon, 30 April, 2012

The brokerage currently has 15 vacancies for experienced professionals based in Manchester, Yorkshire, Coventry, Reading, Bristol, South Wales, Outer North London and Home Counties.

George Dodds, managing director at Mortgage Pro, said it was setting a new benchmark in the industry for the payment of fees owed to brokers by paying broker fees as soon as the offer of mortgage was made.

He said: “At Mortgage Pro we are rewriting the way in which advisers are paid. For too long, advisers have had to wait until their company decides to pay them.

“This can be weeks or even months after completion and from the evidence we have seen, many companies are holding on to what is rightfully owed for far too long.

“Frankly this is either just symptomatic of cash flow issues or simply a clear sign of the complete contempt in which some firms are holding advisers.”




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