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“The Harrods Service of Buy-to-Let
Mortgages”

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Leading provider of buy-to-let mortgages in the UK
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Over 8000 online mortgage quotes provided every month
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Over £70 million of applications handled each month
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80% of lending is repeat business or referrals
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Founder member of the National Association of Commercial Finance
Brokers
The Money Centre is one of the largest buy-to-let mortgage providers
in the UK. Currently providing in excess of 8000 online mortgage
quotes each month, The Money Centre now handles £70 - £90
million of new applications every month.
It was established as a partnership in 1990 by current Directors
Mark Alexander and Mike Woodfine, who were joined in 1995 by Clive
Mason. The Money Centre recently became a plc with the Directors
still retaining all the shares. Having taken on its first member
of staff just five years ago, The Money Centre now manages over
100 employees across the UK from their state-of-the-art headquarters
in Norwich.
Through the fast tracking system, a client receives an agreement
in principle on their mortgage proposal in minutes and a formal
letter can be produced within ten days of the initial application.
The Money Centre Buy-to-Let Process
A Streamlined system based on quality and speed
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Enquiry received
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Online quotation provided
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Details of dedicated specialist Consultant notified to client
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All future enquiries are handled through the dedicated Consultant
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Application submitted by client
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Request sent same day for supporting financial information
required
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Proposal prepared and submitted to lender
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Offer letter sent
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Client returns acceptance
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Formalities completed
With associates based across the UK, it has one of the largest
sales forces in the market.
The Money Centre’s success has been built on its service
both to its clients and its panel of lenders. It helps clients maximise
their returns and develop their portfolios. The panel of lenders
were so impressed that they dubbed the company ‘The Harrods
of the buy-to-let mortgage market’. The fact that 80% of its
lending is either repeat business or referrals is clear evidence
of this.
Due to the level of service it provides to lenders, The Money Centre
is able to offer exclusive deals for clients, including competitive
pricing and greater flexibility, such as offering a fixed
rate, which often is neither available from lenders direct nor
available to other brokers.
To ensure high service standards are maintained in this market,
which currently remains unregulated, The Money Centre is a member
of The National Association of Commercial Finance Brokers (NACFB),
an organisation of which the Directors are founding members, providing
a Code of Practice registered with the Office
of Fair Trading. The company ensures the mortgage process runs
smoothly and efficiently and aims to do all it can to support clients
with buy-to-let investments.
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