The link will enable TMA members direct access to the Santander Commercial Mortgage proposition whilst also benefiting from TMA’s current facility to refer a wide range of commercial enquiries via a specialist help desk team.
TMA has already established relationships with commercial lenders and specialists to handle leads allowing directly authorised brokers to earn valuable commission and still retain the client for other business sales.
Santander Commercial Mortgages offers a wide range of commercial mortgages with a flexible choice of payment options.
Clients can have access to fixed or variable rate borrowing vehicles from £25,001 up to £1 million and repayment periods from five to 25 years.
Santander Commercial Mortgages also offers extended interest only deals, competitive loan to value ratios, agreements in principle in only three days and the flexibility to make partial capital repayments without charge, provided the original security remains in place.
Commenting, Phil Whitehouse, head of TMA, said: “We’re delighted to allow members seamless access to the wide range of Santander Commercial Mortgage offerings. The link will allow members to contact the TMA mortgage desk with a commercial query upon which our specialist team will assess the query and enable members to deal directly with Santander should the enquiry be the best fit for its available deals.
“Santander Commercial Mortgages is dedicated to working with brokers and is providing additional education and training throughout the application process. This extra support will allow TMA members to become more confident when dealing with commercial enquiries and add a valuable income stream to their business.”
Andrew Turzynski, head of Santander Commercial Mortgages, added: “We are delighted to be working with TMA and assisting its members in the commercial mortgage field. We will be working closely with TMA’s mortgage desk and are keen to make the most of any increase in business activity.
“Santander is committed to increasing the support we provide to the SME sector. We aim to provide a first class service and maintaining support for the broker network remains at the heart of our commercial mortgage strategy.”