Home Buyer Systems (HBS) has launched a credit and debit card payment facility for mortgage brokers looking to charge a fee for their advice.
The system will allow brokers who do not have a large enough volume of transactions to qualify for an individual plastic card facility to process payments in this way. The facility will allow brokers to collect fees for advice, research, admin work or any other services via credit and debit card through the HBSLite sourcing system. In addition, users will have access to a full fee management system to track all payments on cards, via cheque and in cash. Richard Angliss, managing director of HBS, comments: “The remuneration landscape for mortgage brokers has dramatically altered and broke...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes