You are here: cherry > Press releases for March 2010 > TMA offers semi-exclusive 10% commission uplift with The Resort Group

31 March 2010

The Mortgage Alliance (TMA) has announced a semi-exclusive agreement with The Resort Group which will entitle TMA members to an extra 10% uplift in commission on a range of overseas investment opportunities. The agreement, which will run for a limited period of three months, follows the success of TMA’s promotion of The Resort Group seminars to members and offers DA brokers even more opportunities for clients looking to the overseas investment market. As part of the incentive programme the broker introducing the client to The Resort Group will receive 5% of the agreed purchase price of the overseas property. Where the broker executed the sale of the property directly with the client The Resort Group will pay the broker 7% of the agreed purchase price of the overseas property. As part of the semi-exclusive agreement between TMA and The Resort Group members introducing clients will receive an additional 0.5% commission and for direct sales members will receive an additional 0.7%. Through a link in the new TMA website The Resort Group will allow members access to a marketing toolbox that will help brokers to market overseas investment opportunities to their clients and generate leads. It will also provide a dedicated account manager and sales support staff The initial link with The Resort Group was established in November 2009 to provide DA brokers with the opportunity to offer their clients access to off-plan overseas property developments. The link will primarily target DA’s with professional buy-to-let investors as well as for those with clients looking at investment opportunities beyond the UK. The Resort Group specialises in dealing with the intermediary market and will provide clients with all the necessary financial and legal requirements. The Resort Group is proficient in selling off-plan properties, with typical build times of two to three years. It selects developments in prime locations to provide substantial growth in value and high returns on investment. The Resort Group also have a number of major alliances designed to ensure their resorts are of the highest quality. Only sizeable, established and financially strong construction companies are employed on the construction of the resorts. Also, the resorts have an on-site proven vehicle to provide consistent and sustainable rental income for purchasers of properties. The SIPP option has accounted for a large proportion of new sales for The Resort Group over recent months, and has become an extremely popular investment vehicle for many clients. Full help and support is available regarding the SIPP proposition. The Resort Group is a Gibraltar based PLC with representative offices in the UK, Cape Verde, Canada and Spain with a wide-spread distribution network of financial advisors and property agents. All exclusive commission offers are available through TMA. Members can follow a link by clicking on the relevant link to the products on the website www.themortgagealliance.com. TMA is free to join and this offer is available to all directly authorised brokers. Phil Whitehouse, Head of TMA, commented: “As people continue to look at different ways to boost their pension pots it is important that brokers position themselves to be able to accommodate a range of potential offerings. The purchase of foreign property presents some unusual challenges and we’re delighted to have further extended our relationship with such an established and reputable firm who has already proved popular amongst our members. Of course the overseas market will not be for everyone but for brokers with clients currently struggling to find suitable UK investment vehicles this facility could prove to be a valuable addition to their offering.” ENDS For further information please contact: Phil Whitehouse, Head of TMA – 07917 158284; Phil.Whitehouse@themortgagealliance.com Scott Philipson, White Dragon Communications Ltd – 07786 226520; scott@whitedragoncomms.co.uk Notes to editors The Mortgage Alliance (TMA) is one of the largest mortgages clubs in the UK and is specifically aimed at directly authorised intermediaries. TMA works through strategic partnerships and lender relationships – through this work it is able to offer leading mortgage solutions to its members. The key benefits in joining TMA are: access to all major lenders with leading procuration fees; exclusive mortgage deals; fees paid direct by the lender; simple, easy-to-use processes; plus strategic partnerships for conveyancing, lead generation and commercial deals. The Mortgage Alliance (TMA) 301 St Vincent Street Glasgow G2 5HN Telephone: 0845 605 0067

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