VERSO first to provide on-site offers

Both M2000 and TMO have offered on-site Verso underwriting facilities to brokers, which has enabled cases to be assessed without delay. The addition of the new offer facility is viewed as a natural extension of this facility and is part of an ongoing drive to continually improve and offer the very best service in the market place to mortgage intermediaries.

Eddie Smith, director of business development at Verso, said: " Verso is delighted to be the first and only lender to offer the powerful combination of on-site underwriting and offer facilities at two of the UK’s premier mortgage intermediary networks. As a business, we are continually looking at ways to enhance service to mortgage introducers and together with M2000 and TMO, I believe we will now be offering great products backed by a service second to none."

Both M2000 and TMO were quick to express their support for this new arrangement.

Sean Hornsby, sales and marketing director at M2000, said: "Mortgage 2000 has a close working relationship with Verso, and we have an ongoing dialogue on how to improve our service to our intermediaries. We are delighted we can now offer on-site mortgage offers in addition to on-site underwriting for Verso products. This will enable Mortgage 2000 to offer an added-value service to its intermediaries."

Mark Charlesworth, managing director at TMO, said: "Having an in-house underwriter gives us the advantage of being able to approve cases quickly. We are delighted to be introducing the ability to issue offers at our office. This will further improve the service, as offers will be issued at least three days more quickly than by the previous method. It also means that any alterations to offers will be done immediately."