TMB to launch into non-conforming market

Ramesh Sharma

January 28, 2006

At its Spring campaign launch TMB outlined its business plans for 2006. Peter Charge, director of sales and marketing at TMB, said: “We will be launching into the non-conforming market and will be focusing heavily on the very heavy adverse end of the market. TMB will be by far the fastest growing part of the HBOS group in 2006.”

Nigel Payne, managing director of TMB, added: “To improve our service we will be extending our opening hours from 8am until 6pm, and will also be looking to open on Saturdays. Proc fees are always under review and are in line with our competitors but we will definitely be looking to foster and improve long-term client relationships this year.”

Payam Azadi, head of marketing at The Mortgage Times Group, said: “We’ve seen increased business volumes through TMB in the last month and providing the right service and products continue, it’s a healthy relationship.”

TMB also announced an increase in commission for brokers submitted through the online conveyancing platform, TMB Mover. The commission increases to £100 per transaction for sale and a further £100 for purchase cases. The service now includes remortgage cases.

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