MONEYGATE REVOLUTION BREAKS INTO COMMERCIAL FINANCE

Visitors to www.moneygateway.co.uk now have access to the whole commercial mortgage market giving buyers more choice in how they arrange finance. Moneygate works with many niche lenders not readily available to the public.

Moneygate hit the headlines with the launch of its Active Mortgage Management service whereby clients have their mortgaged managed with experts constantly searching for the best deals. Now Moneygate is on a mission to offer more choice in the commercial mortgage market regardless of status.

Derek Kewley, head of commercial finance with Moneygate, said: “Many commercial mortgage customers seem to believe their bank is the best option and if they get turned down any deal is over.

“By using a broker we can offer clients not just the mortgages high street banks offer but a whole host of other providers that can often offer better terms or interest rates. The commercial mortgage market is changing rapidly and our network is equipped to give people the best possible truly independent advice.�

In the same way that Moneygate offers independent advice on domestic mortgages, loans and insurance, customers complete a short fact find online before an expert adviser gets in touch.


Dennis Reed, Moneygate Sales Director said: “For many people applying for a commercial mortgage meant groveling to the bank manager. Not anymore. Using a broker to arrange a commercial mortgage makes sound business sense. This year 20 per cent of commercial mortgages will be arranged via a broker and that figure is set to grow as customers demand more choice.

“There are new entrants into the market all the time offering exciting packages. For example, in the past business start-ups were barred from the commercial mortgage market and applicants had to put at least 30 per cent down cash – not anymore.�

The new commercial wing is based at Moneygate’s headquarters at Boldon in the North East of England. To find out more customers can visit www.moneygateway.co.uk to get a quote in just 60 seconds or call 0845 605 0689.



ENDS

For further information contact Andy Barker at Results Network on 07855 352 303.