Pink joins AMI to ensure intermediary needs are met

Pink Home Loans has recently announced it is to take on principal status and will offer a comprehensive compliance solution to its customers post-regulation. The mortgage distributor has opted for membership of the AMI to make sure that its range of services fully meets the needs of its intermediary members.

Pink Home Loans is committed to working with the AMI to promote best practice in the intermediary market and will actively support the organisation to maximise benefits for its customers.

Customers of Pink Home Loans, interested in joining the AMI, can currently benefit from a 10% reduction in joining fees.

Tony Jones, managing director at Pink Home Loans, comments: “Pink Home Loans recognises the importance of belonging to an organisation that promotes professionalism within the intermediary market. The AMI represents the views of our customer base - this is why we have joined the AMI, because it is vital that our regulatory offering meets the needs of our brokers.”

Chris Cummings, director at the Association of Mortgage Intermediaries, comments: "We are delighted to welcome Pink to membership of AMI. The mortgage intermediary voice is now being heard at the highest levels of the FSA and even within the Treasury. As a new trade body we are very pleased to see industry leaders, like Pink, join."

Full details of Pink’s proposition will be announced in a series of regulation road shows in November.

Pink Home Loans, based in Lichfield, Staffordshire, is one of the UK’s leading mortgage distribution and packaging companies and is part of the Skipton Building Society group of companies.

Pink Home Loans has two lending panels offering its members a choice of direct lender access or packaging facilities in addition to a range of financial products including insurance, secured loans and unsecured personal loans.

Industry leading services include a first class mortgage desk, easy to use website with comprehensive case tracking facilities and broker commission paid via BACS within 24-hours of legal completion.