TMA’s aim is to be so much more than a mortgage club. It is broadening its proposition to, not only offer a highly competitive range of mortgages, but to also offer protection, general insurance, compliance and one-to-one business development.
LSL’s goal for TMA is for it to be the club of choice for directly authorised advisers. It will liaise regularly with DAs and aims to champion their cause. TMA will offer a dynamic proposition that continually evolves and adapts with the needs of its adviser members. It will use the experience and expertise of its network sister companies, Pink and First Complete, while also investing in people solely dedicated to offering DAs support and developing TM’s proposition.
TMA will have an unlimited number of lenders on its mortgage panel and will act on behalf of DA advisers to secure both exclusive products and higher procuration fees for TMA members. It will expand its mortgage desk, one of the most highly rated elements of TMA amongst its existing members, and it will beef up the size of its customer services team; the team will continue to make members aware of new rates, exclusives and other products that they might benefit from.
A number of TMA’s features include: free sourcing system licences; field based face-to-face business development support; access to compliance support and assistance; a bespoke panel of seven life providers; and access to training support to help advisers to develop and grow their businesses.
A key difference at TMA will be that it now offers advisers a choice of payment routes for any mortgage they place through the club. Advisers will have the option of being paid either directly from the lender or payment within 24 hours from TMA.
In addition all TMA members will have access to LSL’s packager, The Mortgage Processing Centre, for help and assistance with more niche mortgage cases which are hard to place.
David Copland, director of mortgage services for LSL says:
“The relaunch of TMA highlights LSL’s commitment to the directly authorised adviser market and is the first step in our strategy to build a brand which is synonymous with everything that is good about the DA market. We will act as champion on behalf of directly authorised advisers to secure high quality products and market leading commissions that reflect the needs of their customers. We will also offer services which support advisers and which helps them to grow their businesses sustainably.
“We want to make sure that advisers benefit from choosing TMA, that they view us as a partner and not just a source of mortgages, and that they value the support that we can provide them with.”
