The club will use the additional launch phases to open up distribution and include other areas such as bridging and commercial finance.
The club will have a number of features including the ‘Place My Case’ function which will allow members to put details of difficult to place cases directly onto a platform for all lending partners to review.
Paul Lewis (pictured), MD of TMG Club, said: “It is great to finally get to the stage where we formally launch the club.
“I want to take this opportunity to thank all our founding partners who have backed us and who have seen the positive of what we are looking to deliver.
“We hope to reward the commitment from the lenders by delivering a mortgage club that will be collaborative and proactive.
“This should see increased levels of business for both sides of the equation which only goes to serve the most important person in all this – the client.
“The innovation of ‘Place My Case’ will be the essence of what the club will be about, lenders and brokers working together in harmony and ironing out those cases with creases.
“We truly want our club to feel like it belongs to both the lender and broker alike, this is why we will always promote it as #yourclub.”
Martin Stewart, CEO of The Money Group, added: “ I want to publicly congratulate the team for being able to deliver this project three months ahead of schedule, and also all our lender and broker partners for their input, which ultimately lead to the decision to invest in a platform for not only ‘Place my case’ but a forum for all members to be able to communicate and help each other thrive.”
