Networks’ numbers and excuses

Reasons given for their silence include an unwillingness to get into wrangling with other networks over ‘mine’s bigger than yours’, and that it would be difficult to give a precise figure due to members still going through the processing stage.

Some networks feel it would be more appropriate to reveal their figures nearer to ‘Mortgage Day’ while some are just refusing to say. Mortgage Introducer asked seven prominent networks to reveal all. Many chose to reveal nothing.

Mortgage Intelligence

Sally Laker, managing director

“We won’t be revealing our numbers until the end of October.”

Mortgage Times

Payam Azadi, head of marketing and corporate relations

“We’re in the processing stage so it would be hard to give a number. I actually don’t know how many members we’ve got.”

Sesame

Andy Young, head of mortgage services

“We have 3,600 individual members on the mortgage side and 500-plus going through processing.”

Homeloan Partnership

Steve Hoare, managing director

“We’re not prepared to reveal this yet.”

Pink Home Loans

Tony Jones, managing director

“When it’s closer to ‘Mortgage Day’ we’ll announce our figures.”

Network Data

Richard Griffiths, managing director

“We have 630 brokers signed up with us, about 300 of these are fully authorised by the FSA. With the other 300-plus we are just either waiting for references or for their Part IV Grant of Permission’.”

Enable

Richard Verdin, director

“There is still a great deal of mis-information around this issue and we wouldn’t want to get into a ‘mine’s bigger than yours’ discussion with the other networks just yet.”