Advantage rewards intermediaries

Amanda Jarvis

April 4, 2006

Following completion of an on-line decision in principle request, intermediaries can take full advantage of its on-line premium offer by receiving an additional procuration fee between 0.05% and 0.25% – the offer lasts until the end of April 2006.

Advantage offer over 2000 products through its panel of lenders, which can be accessed via one easy route; e:valuate. The reward offer, based on an average loan value of £110,000, ensures brokers will receive between £55 and £275 extra (dependent on product and loan size), by way of a thank you for using the exclusive on-line service.

e:valuate continues to be extremely useful tool where brokers can access six of the industry’s major lenders through one easy on-line DIP request. The results are presented back in an interactive matrix and provide a choice of binding and non-binding options. Brokers can then simply convert the enquiry to an application and submit on-line to Advantage.

Commenting on the e:valuate tool and on-line premium offer, Kelly Gibbs, Touchline Mortgages, AR of Personal Touch said:

“I have been using e:valuate since it was launched and it has helped me place my clients applications quickly and more efficiently than before, the increased procuration fees is a bonus as well.”

Peter Bass, sales director, Advantage Home Loans added:
“We are delighted we can continue to offer the on-line premium offer for which e:valuate is fast becoming the number one choice for brokers who are researching the non-conforming mortgage market. It is our main goal to ensure brokers receive full value from us and this is reflected in e:valuate, which provides sourcing with simplified processes and on-line procuration fee premiums. e:valuate is one of the most sophisticated systems in the mortgage industry and this is particularly encouraging considering how fast technology is moving in the mortgage market. Our ability to produce innovative products to fit intermediaries’ needs reflects our desire to be ahead of the pack.”

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