Mortgageforce signs deal with The Source
Derby based brokerage Mortgageforce has signed an exclusive three year deal with The Source to provide a range of general insurance products to its national network of brokers.
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
The deal will see the brokerage promote and advise on a range of mortgage protection products including household buildings & contents, landlord property insurance and ASU.
Mortgageforce’s 70 plus broker-partners offer a nationwide face to face service and placed over £500m worth of loans in the last year a figure which is projected to top £700m in 2015.
Mortgageforce Managing Director, Kevin Duffy said:
“As you can imagine we benchmarked The Source against a number of its competitors and on a balanced scorecard it performed excellently, what we liked most in it proposition was the technology that underpinned a large quality panel of leading insurers."
The Source managing Director Kevin Paterson added:
“We are extremely excited about the deal with Mortgageforce and it is testament to the journey The Source has been on in the last 20 years to become one of the premier providers of quality general insurance products for professional brokers in todays highly competitive market."
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
This week's biggest stories:
FCA
FCA bans and fines financial adviser more than £740,000
In The Spotlight
'Turbulence in the mainstream market creates opportunities in the specialist space': Josh Knight, Glenhawk
Housing Market
Almost half of home sellers hit by broken property chains
Regulation
FCA bans and fines trio behind £35.5m investment scheme
CHL Mortgages
CHL enhances bridging range with AVMs and enhanced adverse credit criteria
Housing Market
July housing transactions dip 2% amid 'cautious market': HMRC