The panel aims to provide mortgage advisers with a comprehensive and fully integrated one-stop product and benefit service. This linked to their specialist compliance services through Bankhall/Point One will be particularly advantageous with the forthcoming FSA mortgage regulations. As the UK's 13th largest lender, GMAC-RFC brings with it a wide range of leading products, from mainstream through to non-conforming.
Premier Mortgage Service Panel will be an amalgamation of Bankhall and Paymentshield, becoming the largest support provider for all mortgage advisers in the UK, regardless of whether they select the directly authorised route or, wish to be part of an appointed representative division via Bankhall's proposition.
Peter Izard, Key Account Manager at GMAC-RFC, commented: '"We are extremely pleased to have been selected to join the Premier Mortgage Service Panel. We believe this appointment reflects our ability to benefit clients by providing mortgages for everyone and to support intermediaries with innovative ideas and technologies, particularly in the run-up to regulation later this year."
John Malone at Premier Mortgage Services commented: "We believe GMAC-RFC will add value to our service with its wide range of competitive products and high standards of customer service. Access to Premier Mortgage Service will be available, at no cost, to all intermediaries, regardless of which route they prefer, providing a whole of market proposition that we believe, will cover all clients' circumstances."
