11th March 2009
LargeMortgageLoans.com strikes up financial partnership
Domain name news brought to you by DescriptiveDomainNames.com
The operators of the premium domain name LargeMortgageLoans.com have teamed up with PMS.
Paul Welch, managing director of the website, hopes the partnership will combat the effect of the economic downturn on many brokers.
He said: "Brokers may be finding it hard to place large mortgage loans at the moment, with a resulting loss in revenue.
"That's where largemortgageloans.com aims to help PMS brokers and their clients."
Some brokers have been struggling to source large mortgage loans as high street lenders have been forced - by the impact of the global credit crunch - to slash their product portfolios and introduce stricter borrowing criteria.
Indeed, Martin Reynolds, development director of PMS, which has now expanded its domain name portfolio, added that the deal will bring new funding options to the broker marketplace.
Brokers and clients who visit the premium domain name LargeMortgageLoans.com can access mortgage loans worth between £500,000 and £50 million.
Additional generic domain names which relate to the broker market include HomeLoanPayments.com and MortgagesWebsite.com.
Another financial site - CheapInsuranceQuotes.com - is for sale, with bidding starting at £40,000.
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