Conti links up with Charcol - 2nd June 2008

Exclusive partnership for overseas mortgages

Conti Financial Services Ltd, the UK's leading overseas mortgage specialist, has entered into an exclusive partnership with Charcol, the UK's leading independent mortgage broker, to provide finance for holiday homes, investment and retirement properties in more than 45 countries.

The relationship means that Conti is the only overseas mortgage provider to be recommended by Charcol to clients interested in purchasing a property abroad, through its award-winning website www.charcol.co.uk. Conti says that despite the 'credit crunch', the market for overseas property is still very buoyant, and that its partnership with Charcol will enable even more people to find the right mortgage to buy their property abroad. The partnership is effective from 4 June 2008.

Existing owners of overseas property can also benefit from this new relationship, through Conti's new remortgaging service, which covers 15 countries across Europe, Africa and the USA.

Simon Conn, Conti’s Sales and Marketing Director, says: "This is an exciting new partnership, enabling Charcol clients to have access to hundreds of competitive mortgage deals for the purchase or re-financing of overseas residential property. Charcol has been leading the mortgage broking market for more than 30 years and we're delighted to be its only recommended overseas mortgage provider.”

Drew Wotherspoon, Charcol’s Head of Communications, says: "We are committed to covering the needs of our customers, and in the case of overseas mortgages, we'll be delighted to refer them to Conti. With more than 14 years' experience in the market, extensive coverage worldwide and renowned service, Conti is a well established industry name and one which we are more than happy to be associated with."

Charcol clients interested in buying an overseas property will now have access to a mortgage calculator to find out how much they can borrow. Alternatively, if they have already found a property they'd like to buy, they can obtain a detailed quote. If they proceed with a mortgage application, Conti will manage the process through to completion, making the process as painless as possible.

All mortgage applications will be processed and underwritten by Conti’s teams of specialists, who know the exact mortgage application requirements for each overseas lender. It can also ensure that clients are put in touch with specialists in the country in question, to enable then to comply fully with planning and legal conditions and assist with currency exchange.

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