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Press Release 08/02/2008

Mortgage Times extends its "rescue" programme

08 Feburary, 2008

Mortgage Times is extending its ‘Broker Rescue’ campaign, aimed at getting brokers back to business during the tight market conditions.

Free valuations and free legals are available on all TMB products and BM Solutions sub-prime fixed rates and with both lenders. Conditional buildings insurance is included. Free valuations apply to Bristol & West and CHL in prime buy-to-let and prime self-cert, and with Future and TMW on near prime to unlimited adverse fixed rate products.

Payam Azadi, head of marketing at The Mortgage Times Group, said: “We launched our ‘Broker Rescue’ campaign at Expo, where we unveiled exclusive offerings such as free valuations and free legals with fantastic feedback from visitors and members. This was in addition to 100% LTV criteria on buy-to-let products. “

Mortgage Times has also stated its commitment to paying sub-prime cases on exchange of contract, and is also committed to paying procuration fees on prime, buy-to-let and self-cert on completion of the mortgage.

Azadi said: “We have for many years paid on exchange of contract, and whilst many packagers are struggling to pay proc fees promptly, Mortgage Times’ stature in the market comes into its own.”