Mortgage Brain has launched an overseas sourcing module, enabling intermediaries to provide overseas finance options to their clients, in association with Conti.
The overseas sourcing module has been developed within Mortgage Brain 6.80, and will enable intermediaries to process enquiries and applications for overseas mortgages in France, Spain, Portugal, Turkey and many other countries.
Conti will take responsibility for the financing, or re-financing, of properties abroad, allowing intermediaries to source the most suitable products for their clients and receive an introducer commission rate of 25% per completed case.
Mark Lofthouse, chief executive of Mortgage Brain, commented: "We are committed to providing intermediaries with value added services and, where relevant, partnering with appropriate organisations in order to help them continue to provide a fast, efficient and more complete service for their customers.
"This partnership with Conti is another clear example of this commitment. The placement of overseas mortgages is increasing in popularity with many of our users looking at this market as a source of generating additional income and the agreement we have reached with Conti provides the perfect solution."
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