A brand new broker network Altura Mortgage Finance has launched, which goals to “future-proof brokers at a time of radical change within the mortgage trade”.
The London-based group begins with eight broker corporations below its umbrella, and plans to goal “forward-thinking brokers who need to make the transfer from self-employed to operating their very own corporations, at scale”.
It provides: “With vanilla residential mortgages more and more weak to automation, a key focus of the Altura network is to empower brokers to advise in areas many conventional networks don’t enable, from non-regulated bridging and business finance to debt consolidation, overseas nationwide and expat mortgages.
“As effectively as enabling brokers to diversify into specialist mortgages and free them from pink tape, the network additionally has a powerful group ingredient and offers ongoing — and real-time — recommendation and mentorship through an always-on WhatsApp group.”
The enterprise is run by managing director Rob Gill (pictured), who was a co-founder of broker Coreco Group, the place he labored for 9 years. He additionally spent seven years at Nomura as an equities dealer.
The senior management group additionally contains operations director Francois Taljaard, director James Hughes and head of business & specialist lending Guy Nyirenda. The group spent a lot of this yr organising the enterprise.
Thomas Group Financial Services, run by director and appointed consultant Adam Thomas, is a part of the network.
Thomas says: “Altura is a network that removes pink tape, treats you want an grownup and permits you to provide recommendation in each space of mortgage finance.
“On any given day, I might be engaged on debt consolidation, first-time purchaser and expat mortgages, alongside with bridging finance and business offers.
“The WhatsApp group they’ve created is particular and an important place to supply intel and bounce concepts off different brokers within the network.
“I’ve no plans to turn into a immediately authorised broker as they provide me the identical stage of flexibility and independence with out the additional admin and value.”
Gill provides: “Having arrange and run quite a lot of companies prior to now, our administration group are eager to share our experiences and experience with others searching for to do the identical.
“Additionally, we purpose to free brokers from the pink tape that too typically holds them again, empowering them to diversify into new areas, quick.
“Now greater than ever, it’s important that brokers future-proof their companies and Altura’s complete mannequin is constructed round exactly that.”
Last week, Property fintech OneDome additionally launched a broker network, which it mentioned goals “to assist brokers and corporations at each stage of their development”.