Specialist Hub launches packaging service to market

Specialist Hub has announced the launch of its packaging service to the market.

The specialist finance provider confirmed that the first stage of the launch will involve the full range of its residential and buy-to-let (BTL) products, including packager exclusives, for the Family Building Society.

These will initially be launched on Mortgage Brain, with Trigold and Twenty7Tec to follow.

Over the next few weeks, Specialist Hub revealed it is to also launch the product ranges of Fleet Mortgages, Landbay, LendInvest, Precise Mortgages and West One across all three platforms. Another two lenders are expected to be added at the end of November.

“We are delighted to launch the next stage of our packaging service initially with Mortgage Brain and both Trigold and Twenty7Tec shortly afterwards,” commented Specialist Hub managing director, Tony Sutton.

“We have offered a packaged service to our broker partners on both first and second charges for many years and originally planned to launch to the wider broker market in 2020, but lockdown delayed this.

“Our packaged service with these lenders has always operated with no packager fees being charged, either at application or completion. This, coupled with CeMAP qualified processing staff with a minimum of five years specialist finance experience, and our promise of proc fees being paid on the day of completion, means we offer a service that is very difficult to beat.”

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