AToM Sales
IAR Offering
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AToM's IAR proposition offers you the chance to simply remain an Introducer of Mortgage Business.
AToM has more than 15 years experience in working with introducer’s clients and dealing with the compliance and regulatory requirements. We previously called this service 'refer-direct', offering it to a number of valued relationships: Given the new regulatory regime we believe this service has great potential value to those who have not become directly authorised or become an appointed representative of a principal but wish or need to deliver a mortgage solution to their clients. After all our motto is Mortgages Made Easy!
This service has been honed over fifteen years ensuring that your introduced clients will always have access to our fully qualified and competent consultants. Their job will be to take brief details from you and then make contact with the applicant to commence a comprehensive and compliant mortgage process. However you must be aware of the limitations on your involvement in this aspect despite the client remaining yours. Once the case has completed we will not make further contact with them without your instruction.
We will pay you 65% of the lenders normal recommended procuration fee. There are no membership fees, no monthly fees, no operational, compliance and regulation costs for you to worry about. We will also pay you quickly too! The procuration payment will be instructed as soon as the solicitor confirms legal completion has taken place. That's all the confirmation we need.
We will keep you advised of the progress of each case as you will most likely still be dealing with the ancillary areas of Protection and GI. We only have authorisation to deal with mortgages.
This offering will mainly apply to those not directly authorised to conduct mortgage business within the new regulated environment, and will offer an additional solution to those AR firms where, given particular circumstances, they are unable to achieve this through their principal company (check your principals contract to ensure that you are not unfairly restricted in these circumstances).
Even those who will be in a defined area of the mortgage business (either DA or AR) will from time to time require the option to pass a case to someone with access to a larger choice of lenders, exclusive products, specialist knowledge in a particular part of the industry, a facility to react with speed (as with our offering under The Branded Lender proposition) or simply to help manage large volumes of business when the pressure is on.
In order to establish an understanding of our respective regulatory obligations we have of necessity, prepared a terms and conditions of business agreement and a copy of this is available to you upon request. It is not onerous and does not commit you to any business volumes or timescales. It leaves you free to deal with whomever you prefer but we felt it important to identify our terms of our proposition.
If you would like to discuss the IAR proposition further, or would like to request a copy of the contract, please call 0845 40 40 240 and speak to one of our team.
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