Money Partners confirms incentive

Brokers who register with Money Partners Touch up until May will be offered free valuations and credit searches. The lender is also holding a weekly prize draw for the next seven weeks where intermediaries can win prizes including a games console, a sat-nav system and a camera.

Danny Churchill, marketing manager at Money Partners Touch, commented: “We’ve launched this as a way of getting people to use us. A lot of the time, lenders will offer either a technology route or a human route but we think these two should dovetail together. The free credit searches and real-time valuations will last for a limited time but it will be for the next three months at least and we may extend it.”

Money Partners Touch was launched in December as the direct-to-broker arm of Money Partners, and the promotion aims to highlight its e-decision online application facility.

It argued its valuation service would provide flexibility to its criteria and the incentives would allow brokers to find this out for themselves.

David Mead, managing director at Flexible-mortgage.net, commented: “As with all these things, any professional mortgage intermediary is not going to be swayed by the offer of free gadgets, but whether the package is right for the client. If the deals are competitive then that’s more important but it’s a very crowded marketplace at the minute so there is plenty of choice out there.”