LMS will provide fees assisted remortgages and general panel management for Tesco and will offer all brokers and customers access to an extensive, fully vetted, open and secure panel of law firms.
Andy Knee, Chief Executive of LMS, commented: “We are delighted to provide both our customer products and Panel Link services to Tesco Bank, their customers and their mortgage intermediaries. Tesco Bank is an exciting challenger brand who is fully committed to offering their customers the highest possible level of service, while also offering attractive products. We are looking forward to building a long-term relationship with them.”
David McCreadie, Managing Director at Tesco Bank, added: “Tesco Bank has been in the mortgage market for nearly five years and in the intermediary market since April 2016. Throughout, we have focussed relentlessly on improving the service that we provide. As LMS is able to provide us with a high quality and complete service that will allow us to meet and exceed the needs of our customers and intermediaries, they were a natural choice to help us offer a high level of service to customers.”
