Referral and packaging
The collaboration with Connect for Intermediaries is expected to create synergies. These will benefit Stonebridge and contribute to growth and efficiency in the financial services landscape.
Stonebridge’s appointed representative (AR) advisors, exceeding 1,000, now have an additional alternative for directing specialised mortgage cases. They can utilise Connect’s comprehensive packaging service tailored for specialist mortgage products. Moreover, they gain access to a range of semi-exclusive and exclusive offerings from specialised lenders in the residential and buy-to-let sectors.
Connect boasts connections with over 170 lenders, covering commercial loans, bridging finance, development financing, business loans, and mortgages for expatriates and foreign nationals. This wealth of options ensures Stonebridge’s ARs can meet the unique needs of their clients.
MSS Group, Stonebridge’s parent company, acquired a substantial stake in Connect earlier this year. This strategic move enhances Stonebridge’s capabilities and solidifies its position in the financial services sector. The collaboration promises an enriched array of offerings for Stonebridge’s ARs. This empowers them to provide unparalleled solutions for their clients in the ever-evolving mortgage market.
Stonebridge & Connect | Forging a Connection
Rob Clifford, chief executive of Stonebridge, said the company was excited to start its strategy with Connect. This collaboration would give its members “greater choice” for specialist cases.
He added, “We believe our members will benefit from the expertise the team at Connect has built over many years. As the specialist mortgage market grows, our network firms and advisers need access to Connect’s vast services. This access will enhance the service they offer their clients.”
Clifford noted a “key driver” of MSS’s investment was the chance for Stonebridge and Connect to partner. This would benefit both the intermediary community and end customers. He mentioned that further announcements would follow.
Liz Syms, chief executive of Connect for Intermediaries, said, “We are delighted to partner with Stonebridge. This partnership enables their ARs to leverage Connect’s specialist knowledge in the property market. We look forward to working with Stonebridge ARs. We will help them and their clients achieve their property ambitions by providing the best finance solutions.”
“Connect can offer Stonebridge ARs referral services for commercial, bridging, development finance, and packaging services. These are essential for complex buy-to-let and residential cases.”
She added, “This partnership with Stonebridge is just the first step. By working together, we can strengthen both networks’ market-leading propositions. This will drive significant growth for both organisations.”
Why join the Connect network?
In this statement, Connect, functioning as a Mortgage Network, is strategically forging alliances in optimal domains, driven by sound rationale to advance the network’s core principles. You can read more on this in our previous article, “Recommend a Mortgage Network | Great News: Connect Becomes First Network To Offer Brokers SmartrFit+ Tool.”
The overarching goal has consistently been empowering mortgage brokers within the Connect network, fostering their growth and prosperity. Connect aims to enhance the network’s foundation by aligning with key partners, ensuring its steadfast commitment to fostering a thriving community of mortgage professionals.
We have reached the end of our company news on Referral and Packaging. Until next time, stay “Connect!”