Estate agency launches mortgage and protection brokerage

Portico Finance will be headed up by Paul Tait, who has worked for a range of high street names such as RBS, Barclays and Savills Private Finance. He was part of the original team that setup online mortgage broker, Habito.

The Portico Group has 17 estate and letting agency branches across zones 1-4 in London and opened in Liverpool and Manchester in February.

Portico Finance’s panel of mortgage lenders is FCA approved and comprises more than 50 companies, ranging from the UK’s largest banks and building societies to more specialist buy-to-let firms.

Founder Paul Tait said: “Whether a client is a first-time buyer, an experienced buy-to-let landlord looking to refinance a portfolio, or someone looking to remortgage, our team will review client’s circumstances and provide advice on the most suitable options. Our team of brokers are based in Fulham, and can provide a face-to-face or telephone service, elements of which are also digital."

Robert Nichols, CEO of Portico, commented: “We are always looking for ways to evolve and improve our proposition and the launch of Portico Finance will give clients the opportunity to speak with a mortgage and protection expert in-house.

“It is great to have someone of Paul’s calibre leading our new mortgage broker and protection service. We are very excited about bringing this provision to the market and we look forward to helping clients with their financial requirements both now and in the future.”