As one of the UK’s most highly regarded Property Finance Master Brokers, we understand that brokers like to work with their clients in different ways.

Our brokers usually find us after they have has difficulty obtaining funding – after they use us, they don’t trust anyone else.

Your brokerage will operate in the best way to suit your business. We provide several commercial / operational propositions so you can pick the best way that works for you for each individual case.

Full Client Ownership

Newsource work with the broker from start to finish, the broker liaises with the client direct, provides the advice, completes paperwork and supplies outstanding information, Newsource liaises with the lender, sends regular updates to the broker and completes inhouse underwriting on the proposition.

Pay structure – 50/50 split of the proc fee with the broker and the broker retains 100% of any broker fee charged.

Shared Client Ownership

Newsource work with the broker from start to finish, the broker will complete initial paperwork as well as managing the clients expectations and giving the advice, Newsource can liaise with the client direct when required whilst working in partnership with the broker to obtain and satisfy mortgage conditions through to completion.

Pay structure – 50/50 split on all income with a mutually agreed broker fee being charged (normally 1% of the loan amount).

Referral Only

The broker provides a name and contact details, Newsource will work direct with the client direct from start to finish, give the advice and liaise with both the lender and the client as well as giving the broker updates at major events of the timeline (IMO, Valuation, FLO, Completion)

Pay structure – Newsource will charge the client a broker fee (normally 1% of the loan amount) and pay out a referral fee of 25% of the total income received to the introducing broker.