Independent Mortgage Brokerage For Sale

Business description

This popular and successful independent mortgage services business was founded more than 5 years ago by the Vendor with a generous combination of innovative insight and entrepreneurial spirit and has grown since to become a significant enterprise with a strong local and national reputation for the quality and variety of its financial & mortgage services and reliability.

The business occupies easily accessible premises on a busy high street, adjacent to popular shops, banks and amenities. The business provides its services to a mix of clients, some of whom respond directly to the business’s website, advertising and others from individual client referrals and many referrals from corporate entities and other businesses in the area.

The business is an independent Mortgage brokerage based in West London with services covering all of the UK and successfully establishes long term relationships with clients leading to new product opportunities in years to come to meet their mortgage needs. Clients also take great confidence from the business’s ability to explain and eliminate confusing jargon and ensure they take a product which suits them best from the many available.

We are living in interesting times where financial products are becoming more sophisticated and complex which places a premium on expert advice from seasoned professionals who know the market intimately.
The business could offer customers a full range of financial services as well as mortgages, including: life protection, investment, insurance and pensions advice.
The business provides their services to both the business and general public sectors in the region and throughout Scotland and provides a free, no obligation meeting available in their office at a time to suit. Whether a client is a first time buyer or a professional property investor the business has the right answer and the right product.
Staff are friendly, experienced and fully trained in all aspects of mortgage services.
The business has consolidated an enviable position in the since it has established its business operations around the provision of its highly skilled, comprehensive portfolio of services and its location, which cannot be underestimated since its position guarantees ease of access and discretion.

The vendor has been involved in the business since its first days of trading and can offer considerable advice and information concerning all aspects trading in the region. The business is further supported by exemplary relations with key organisations including the Financial Services Authority and has ensured that client service and quality is never compromised and that clients receive the highest possible quality of service, leading to the existing high levels of return custom and referral. This commitment has underpinned this business’s abilities in service quality and sustained business success.
Customer Service

The Vendor considers simply that happy clients come back and on that simple basis has maintained levels of product and service quality intended to best guarantee that happiness including on occasion home visits. The results of this commitment are evident in the degree of return custom and the choice of this adviser by new customers over competitors.
Key business operates according to the The Financial Services Authority (FSA), which is an independent non-governmental body, given statutory powers by the Financial Services and Markets Act 2000.
The FSA summarises its Statutory Objectives and Principles of Good Regulation in three strategic aims:
• Promoting efficient, orderly and fair markets;
• Helping retail consumers achieve a fair deal; and
• Improving our business capability and effectiveness

Key strengths

A primary strength of this business is its broad portfolio of trusted mortgage services and skills on offer combined with the quality and efficiency of advisory excellence of high repute, gives this business its competitive advantage.
The business is an organisation where the vendor has, over time developed and nurtured a brand name and reputation that has resulted in customer relations founded on a history of trading satisfaction and not contingent upon particular relationships with the vendor.
The business is well established and profitable, with a strong and growing customer base, retaining a high level of return custom; a great many of whom having done so on a regular basis and for many years.
The business has earned an outstanding reputation for its honesty, service, reliability, relaxed and open client experience, excellent quality products and highly knowledgeable and experienced staff.
Growth and Expansion
The current market for this business’s service is stable and is forecast in the longer term for significant growth, as proved currently by levels of high demand. The business is well positioned to take maximum advantage of this growth as it occurs.
Key opportunities
This is an outstanding opportunity to build on the existing business levels, reputation and customer base of this business. With a strong demand for its blend of services and expertise, combined with a capacity to increase turnover, a new owner contributing fresh ideas will have every advantage of building on an excellent platform.
This business maintains an extensive base of satisfied customers, who appreciate its superior knowledge and services. There are many excellent avenues for growth, especially with investment in marketing including wider advertising and further exploitation of internet opportunities, where the business has proven effective in the past.
There remains extensive opportunities in offering customers a full range of financial services as well as mortgages, including: life protection, investment, insurance and pensions advice.
Technology
The business maintains expected technology for the successful management of a modern and rigorous business.

Property information

Location:

The welcoming premises is located in an easily accessible and popular Borough in West London and operates from one recently refurbished, floor of approximately 1,200 square feet including a comfortable meeting room, administrative offices, storage and reception.

Other information

Expansion potential:

Growth and Expansion
The current market for this business’s service is stable and is forecast in the longer term for significant growth, as proved currently by levels of high demand. The business is well positioned to take maximum advantage of this growth as it occurs.
Key opportunities
This is an outstanding opportunity to build on the existing business levels, reputation and customer base of this business. With a strong demand for its blend of services and expertise, combined with a capacity to increase turnover, a new owner contributing fresh ideas will have every advantage of building on an excellent platform.
This business maintains an extensive base of satisfied customers, who appreciate its superior knowledge and services. There are many excellent avenues for growth, especially with investment in marketing including wider advertising and further exploitation of internet opportunities, where the business has proven effective in the past.
There remains extensive opportunities in offering customers a full range of financial services as well as mortgages, including: life protection, investment, insurance and pensions advice.
Technology
The business maintains expected technology for the successful management of a modern and rigorous business.

Competition / Market:

The business has used regular advertising in the past; there are excellent opportunities to widen this activity and to consolidate an already successful and attractive internet presence to market the business more aggressively and to significantly increase turnover. A high proportion of the business’s revenue has been due to its excellent reputation for quality and service, brand recall and strong word of mouth recommendation.

Support & training:

The current owner will provide all necessary training and all relevant contacts to allow continuity of trading.

Reasons for selling:

The business is for sale as a result of the Vendor’s belief that since the business is very well poised for growth, the time is right to commit to other unrelated business interests.