Mortgage Networks ‘Never say Never’ To Expansion
February 23rd, 2008 by Lianne
Following The Mortgage Times’ network’s recent application to the FSA requesting permission to operate an investment and pension multi-tie, there has been some speculation on whether the other major mortgage networks will wish to follow suit.
Home of Choice and Pink Home Loans have both been subjected to the speculation and both have responded by saying that although they have no current plans they will not rule the possibility out.
Gerry O’Brien, managing director of Home of Choice, said he would ‘never say never’ and concluded with:
“If we can bring the same innovation to investments as we have to mortgage and associated protection business, then we would certainly consider it.”
David Copland, managing director of Pink Home Loans said that they were a long way off following in the footsteps of The Mortgage Times.
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