Police Mutual Signs Exclusive Deal With Mortgage Advice Bureau

Police Mutual (PMAS) has signed an exclusive deal with Mortgage Advice Bureau (MAB) to support in providing its members with whole of market mortgage advice.

Police Mutual has more than 210,000 members and works with a select number of specialist partners to provide expert financial and welfare advice and services to the Police service and their families.

As a result of this agreement, Police Mutual customers seeking mortgage advice are now directed to a team of dedicated and fully trained in-house mortgage advisers to help them to get the best mortgage deal possible.

James Henderson, Commercial Director of Police Mutual, comments:

"We know that our members' household income is being squeezed and we wanted to widen our mortgage offering so that we could help all of our members to find the most suitable mortgage for them during these tough economic times, rather than only being able to help the select few. This exclusive partnership with MAB demonstrates our continued commitment to their welfare. Impartial, whole of market mortgage advice will be a significant member benefit and complements our existing suite of financial services products.

"Police Mutual works hard to build close links with top industry partners in order to provide a comprehensive financial services offering to our members, and we are very much looking forward to working with MAB."

Peter Brodnicki, chief executive of the Mortgage Advice Bureau, says:

"We are extremely pleased to be partnering with Police Mutual to provide whole of market mortgage advice to their members. The Police service in the UK does a fantastic job and MAB is proud to be able to assist them with their mortgage requirements."

"This exciting new relationship aims to provide a much broader service to more Police Mutual members than was previously available."

Ends

For further details please contact:

Nick Williams

Head of Marketing

Police Mutual

nick.williams@pmas.co.uk

01543 305352

Notes to Editors:    

Police Mutual

Police Mutual was founded in 1922 to provide welfare and financial support for Police officers. It is the UK's largest affinity friendly society with almost £1bn funds under management and has around 220,000 policyholders among serving and retired Police officers, staff and their family members.

Police Mutual is owned by, and run by, members of the police service. Its Committee of Management includes representation from all police ranks to ensure that decisions reflect the needs of the service as a whole.

Mortgage Advice Bureau

Mortgage Advice Bureau is one of the UK's leading independent award winning mortgage and protection brokers.

It has over 350 advisers located across the UK and can provide face to face and telephone advice for its customers.

Mortgage Advice Bureau provides a full range of lifestyle and income protection cover to protect people from the unexpected. It also has financial experts who can provide advice on pensions and investments as well as asset protection through MAB Financial Planning and its business partners.