Specialist lender Together introduces flexible arrangement fees to enhance client options.
- The lender increases adviser access by a thousand through new partnerships.
- Together collaborates with multiple networks, broadening its reach and accessibility.
- Flexible fees allow brokers to better manage client mortgage payments.
- Partnerships with networks like The Right Mortgage enhance Together’s brokerage offerings.
Specialist lender Together has taken significant steps to enhance the accessibility and flexibility of its financial products. They have introduced flexible arrangement fees on their commercial finance offerings. This strategic move allows brokers to present their clients with a variety of options that can potentially lower their monthly financial obligations.
Furthermore, Through partnerships with networks such as The Right Mortgage Network and TMG Direct Network, Together has increased its distribution capability. These collaborations have added over a thousand advisers to those who can access their network and club portal, a noteworthy uptick in availability and opportunity for both the lenders and consumers.
These partnerships reflect Together’s commitment to working closely with brokers to better meet the needs of their clients. By providing choices on arrangement fees, brokers can tailor financial products to align with client aspirations, illustrating Together’s forward-thinking approach.
An example of this flexibility is seen in their offerings for unregulated buy-to-let products, where adjusting arrangement fees can directly influence the interest rate. This means a product originally set with a 2.5% fee at an 8.49% interest rate could be revised to a 5% fee with a reduced 7.49% interest rate, offering tangible benefits to potential customers.
Anita White from The Right Mortgage & Protection Network expressed enthusiasm about the inclusion of Together in their panel, recognising the value it brings to their advisers and clients alike. This partnership is seen as a way to strengthen the capability of brokers to serve their clients effectively.
Together’s innovative approach in offering flexible fees and expanding adviser networks significantly empowers brokers and enhances client services.
