Guardian Homeloans and Guardian Finance are specialist secured loan brokers serving the intermediary/broker community since they commenced trading in 1971 and have built up a solid reputation for commitment, trust and reliability.
Ian Hesketh managing director of Guardian stated: “The market needs a kick start and those currently operating in the mortgage and financial services sector will be finding it particularly difficult to make ends meet with reduced lenders, customers and of course income.”
Ian continued: “I felt it was time to inject more money into our distribution chain by increasing commission to
introducers. This is marked by a commission share on the basis of a 55%/45% split of all day one fees and commission received (55% being paid to the introducer). A one off admin charge of £395 is deducted prior to the split to cover costs such as survey, references, consents, searches etc that can sometimes top the £500 mark per application. Unlike mortgages, with secured loans we are responsible for these costs even if the client does not proceed.”
“The bottom line is that introducers/brokers will earn more money with Guardian. This will mean that one completed prime status loan of £25,000 could earn the introducer/broker in excess of £1,400.00”.
“In addition to the extra earnings brokers can remain safe and secured in the knowledge they will be dealing with a company that has been around longer than almost any other currently trading secured loan broker and who have survived many ‘Credit Crunches’ in their time”.
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