Y3S: We'll help every broker generate new income streams

It says that secured loans, bridging loans and debt management solutions are sometimes best-fit products for their clients, but too often brokers lose out on valuable income by not always knowing when an opportunity presents itself because of a lack of specialist product knowledge.

Following a user poll of its online product portal miloanbroker.com at the end of 2011, it was revealed that on average, users came across a potential 14 clients per year where a secured loan would be a better solution than a remortgage. 

The company says that it is in position to take its message 'to the offices of every mortgage broker in the UK' from next week.

Commercial Director Matt Cottle said:

"Over the last 10 years we have completed business for thousands of mortgage brokers and IFA's from all corners of the country"

"With news that the mainstream mortgage industry is likely to remain flat for some time to come, we are deploying staff to help more brokers recognise secured loans, bridging loans and debt management solutions.  

"We will supply high quality materials, training tools and software free of charge to help brokers generate new income streams from their existing client bases."