SMS and GE Money link up
GE has recently made a number of enhancements to its product range and criteria including dropping its fixed rates by 0.75%, new plans for clients with limited mortgage history and interest only options up to 60% loan to value.
Ian Balfour, chief executive at SMS said: “It is good to see a lender as experienced as GE Money seeking a more proactive stance in today’s market and we are delighted to be supporting them.
“GE has been a long time supporter of the intermediary market and to see them once again moving to take a more prominent role in the market is good news for our introducers, providing greater choice and more competition.”
Nikki Warren, head of sales at GE Money, added: “We are pleased to be working with SMS, particularly as the market is showing some signs of healthy growth.
“At GE Money we are looking to meet the needs of brokers and their clients and from the feedback we are getting it looks like our new product range will be popular.”