Press Release

Paymentshield Mortgage Club To Expand Into Specialist And Non-Conforming Mortgages

Following the hugely successful launch of Paymentshield Mortgage Club (PMC) earlier this year, eight new lenders are to be added to form a new panel called 'Specialist Select'. This ensures extensive coverage of the Buy To Let, Self Certification and Non-Conforming markets and builds on an already comprehensive 'Mainstream Select' panel which consists largely of the major players in the prime market.

Commenting on this enhancement to PMC, Ben Thompson, Head of Mortgages at Paymentshield said,

"The addition of these lenders will enable PMC to reach an even greater audience and provide significant breadth of product options. We are well supported as a business by mortgage intermediaries that write mortgage business both in the specialist and mainstream sectors and are therefore confident that these changes will be well received by our supporters. We also continue to pass on all, or the vast majority of, the fees that we are paid by lenders and as a result most cases pay the highest fees to intermediaries".

Paymentshield launches 'Specialist Select' on the 12th of September.

-ENDS-

Notes to Editor:

Paymentshield Limited is the largest independent supplier of general insurance products to the mortgage intermediary sector with one of the largest collections of registered intermediaries in the mortgage market, totalling over 21,000 users.

For all further enquiries, please contact:

Ben Thompson
Head of Mortgages
Tel - 01707 226637
Mobile - 07887 678467
E-mail - ben.thompson@paymentshield.co.uk

Fiona Kitchin
Head of Marketing
Tel - 0870 351 5878
Mobile - 07989 960 166
E-mail - fiona.kitchin@paymentshield.co.uk