Press Release

Paymentshield Mortgage Club enhances conveyancing offering

Paymentshield Mortgage Club, the fastest growing mortgage club in the UK for directly authorized intermediaries today announces that it has added eConveyancer to its service offering.

The online conveyancing facility is available to all Paymentshield Mortgage Club members and is a further addition to the services available from the club which help intermediaries to add value to their customer relationships.

eConveyancer has a panel of 200 firms of solicitors and a further 200 conveyancing specialists, allowing intermediaries to select and instruct conveyancers on their clients' behalf online, making it even easier for advisers to offer help and advice on all aspects of the house transaction.

Paymentshield is already successfully offering conveyancing services through 'My Home Move' and the latest appointment is a further step to meeting intermediaries' needs.

Benefits to intermediaries in offering a conveyancing service as part of their customer offering are:

Financial rewards - flexible commission terms up to £200 available
Commission paid upon instruction for re-mortgages
Broker's fees paid immediately on completion for movers
Fixed prices guaranteed to customers
No completion - no legal fee
Case tracking and control
Faster Completions
Available 7 days a week and evenings

Ben Thompson, Head of Lending and Protection at Paymentshield comments: "We are pleased to offer comprehensive conveyancing solutions to Paymentshield Mortgage Club members By offering conveyancing services to a client, intermediaries can not only advise and add value on an additional part of the house buying process but it also means that they have more control over the transaction."

For further enquiries call 08450 615 100

-ENDS-

Notes to Editor:

Paymentshield Limited is the largest independent supplier of general insurance products to the mortgage intermediary sector with current new business levels consistently exceeding 30,000 policies a month. Paymentshield only sells through intermediaries and over 27,000 intermediaries have chosen Paymentshield.

For all further enquiries, please contact:

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

Inez de Koning / Anna Schirmer
Lansons Communications
Tel - 0207 294 3623 / 0207 294 3605
E-mail - inezd@lansons.com / annas@lansons.com