The Mortgage Operation's (TMO) brokers will benefit from a partnership between the firm and the Debt Advice Portal announced today.
TMO brokers will be able to refer indebted clients to the Debt Advice Portal and their case will be reviewed by a professional insolvency practitioner, who will make the most appropriate recommendations based on a client’s circumstances. Nick Du Boulay, from Debt Advice Portal, claims that the system will save time for brokers and reduce the number of failed applications. He says: “A significant proportion of mortgage applications fail due to debts and lack of housing equity. We aim to give TMO’s brokers an expert solution for their clients.” Brokers will retain a link with their client...
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