Let's discuss your requirements
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.
WE HAVE THEREFORE DEVELOPED A RANGE OF BROKER PROPOSITIONS DESIGNED TO OFFER THEM MAXIMUM FLEXIBILITY IN TERMS OF HOW WE WORK TOGETHER. IN ADDITION TO THIS, WE OFFER THE FOLLOWING BENEFITS TO OUR BROKER INTRODUCER PANEL:
- All of our Case Managers are experienced banking industry professionals
- You will be given direct access to your Case Manager who will keep you fully advised on the status of each case
- No up front fees
- Market leading procuration fees
- On completion of each deal we will pay the introducing broker on the day of receipt of funds from the lender
Access to a wide range of funders via the UK’s Elite Master Broker.
Many of the niche commercial lenders who are keen to lend will only accept applications through approved “Packagers”. We have Key Strategic Partner status with Aldermore, Atom Bank, Cambridge & Counties Bank, Hampshire Trust Bank, InterBay Commercial and Strategic Partner status with Shawbrook Bank who are all active lenders in the commercial market. In addition, we have strong relationships with all of the High Street Banks and other specialist lenders including development and bridging funders.
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).
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.
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Newsource is a broker not a lender...
Send us a message via our contact page or Call Us 01423 524 559
Newsource Commercial Finance Limited (NCFL) is registered in England & Wales No. 08374586 Registered office: Suite 2, One Cardale Park, Beckwith Head Road, Harrogate, North Yorkshire, HG3 1RY - Data Protection registration No. Z3536079 / NCFL is authorised and regulated by the Financial Conduct Authority (FCA): No. 718948. Some transactions are not regulated by the FCA
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
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