Darlington BS join SimplyBiz Mortgages panel Darlington BS join SimplyBiz Mortgages panel

16 May 2017

SimplyBiz Mortgages has announced that Darlington Building Society has joined its lender panel.

All SimplyBiz Mortgage Members will have direct access to Darlington’s range of mortgages. The criteria opportunities include self-employed and contractors, self-build (through Buildloan), acceptance of foreign currency and they will lend to the age of 85 on a repayment basis within England and Wales.

Martin Reynolds, CEO of SimplyBiz Mortgages, commented:

More : SimplyBiz adds Pepper to distribution panel

“We work with a number of the smaller building societies and have found that their approach to personalised underwriting is very refreshing. The criteria areas in which Darlington is particularly strong will be welcomed by our Members, and provide them with the personal touch they need. Darlington’s age limits and use of foreign currency will be very useful.”

Colin Fyfe, CEO at Darlington Building Society, added: 

“We are always looking at how we can build out relationships with the wider intermediary community and the opportunity to work with SimplyBiz Mortgages is part of that strategy. Their compliance support was a crucial factor in our decision as we look to work within the directly authorised market.”


Testimonials

"I left Sesame December 31st 2010 and took up Direct Registration with FSA. My Compliance is now handled by SimplyBiz.

"Firstly, you need to understand that Sesame may not tell you the truth with regard to 'the world outside Sesame' - I would suggest to you that you should believe nothing. If you leave they lose a stream of revenue. They may tell you that the FSA will be making it harder for small businesses operating outside the sphere of the network. Do not believe them.

"What are the advantages of direct authorisation? I'm no longer being treated as lowest common denominator. I have scope to use wider range of research tools. I've seen a twofold plus increase in my written business (it is growing annually.) I receive top class support services, positive meetings for members and have a more positive attitude to business.

"My advice to advisers at the time (the ones I came into contact with anyway) was to exit Sesame at the earliest opportunity and this advice remains still."

Colin Palmer
Colin Palmer Financial Services
 

Read More

Latest News

Estate planning red flags

August 10, 2018

Erica Hancock of APS explores the estate planning red flags which may mean danger for your clients 

Read more >

NMBA vote: Do clients care if advisers are independent or restricted?

August 08, 2018

Tom Hegarty takes a closer look at the most closely fought NMBA quick vote to date. 

Read more >

"Time for your 2018 reboot?"

August 01, 2018

Ken Davy muses on the importance of taking time out to recharge your batteries

Read more >

The SimplyBiz Group announces partnership with Guardian Financial Services

August 01, 2018

The SimplyBiz Group has announced that it has signed a partnership deal with Guardian Financial Services, following positive adviser feedback on the protection provider’s pilot scheme.  The partnership, which is in place with immediate effect, will see the two companies work together to deliver relevant training and educational opportunities to advisers who use the Group’s services.

Read more >