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Last Article Uploaded: Friday, December 13th, 10:03PM
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Ex-Mortgage Link team branches out

A former Mortgage Link team in Palmerston North has spun out to form their own business, joining NZFSG.

Wednesday, October 2nd 2019, 9:59AM

The former Mortgage Link franchise in Manawatu has branched out to form Mortgage Connect, a new adviser business based in the same part of the city.

Mortgage Connect is owned by Craig Seton and Brent Jaslarz, with experienced advisers including Phil Christmas and Gail Jensen. Seton and Christmas were instrumental in founding Mortgage Link Manawatu.

The new business has joined NZFSG and will operate as its own branded business.

Mortgage Connect began operating last month, and has relaunched to its existing client base. 

Seton told TMM Online he formed Mortgage Connect to "go in our own direction with our own brand that we could promote". He added: "It gives us more freedom. It's about having our own identity, controlling our own destiny and what we do with our business."

Seton said Mortgage Connect chose NZFSG for its "access to lenders", and "strong technology options". 

He added: "We've had a positive response so far, and our whole philosophy is about advising clients so they can prosper."

Seton said the business would operate as an FA under NZFSG's FAP licence under the new regime.

Mortgage Link will continue to operate in Palmerston North after the departure of the old Manawatu team. Mortgage Link said in a statement: "Karen Blair who has been operating from the Feilding Mortgage Link office since February 2019, is now looking after the Palmerston North area as well. We will be looking at adding additional mortgage advisers to the area in due course."

Tags: Mortgage Advisers Mortgage Connect Mortgage Link NZFSG

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Lender Flt 1yr 2yr 3yr
ANZ 5.19 4.05 4.05 4.49
ANZ Special - 3.55 3.55 3.99
ASB Bank 5.20 3.89 4.05 4.39
ASB Bank Special - 3.39 3.55 3.89
BNZ - Classic - 3.49 3.45 3.99
BNZ - Mortgage One 5.90 - - -
BNZ - Rapid Repay 5.35 - - -
BNZ - Std, FlyBuys 5.30 4.45 4.35 4.55
BNZ - TotalMoney 5.30 - - -
China Construction Bank 5.50 4.70 4.80 4.95
China Construction Bank Special - 3.19 3.19 3.19
Lender Flt 1yr 2yr 3yr
Credit Union Auckland 5.95 - - -
Credit Union Baywide 5.65 4.75 4.75 -
Credit Union North 6.45 - - -
Credit Union South 5.65 4.75 4.75 -
Finance Direct - - - -
First Credit Union 5.85 3.99 4.49 -
Heartland 6.70 7.00 7.25 7.85
Heartland Bank - Online - - - -
Heretaunga Building Society 5.75 4.80 4.95 -
HSBC Premier 5.24 3.54 3.54 3.69
HSBC Premier LVR > 80% - - - -
Lender Flt 1yr 2yr 3yr
HSBC Special - - - -
ICBC 5.15 3.18 3.18 3.20
Kainga Ora 5.18 4.04 3.95 4.39
Kiwibank ▼5.20 ▲4.20 4.30 4.64
Kiwibank - Capped - - - -
Kiwibank - Offset 5.15 - - -
Kiwibank Special - ▲3.45 3.55 3.89
Liberty 5.69 - - -
Napier Building Society - - - -
Nelson Building Society 5.70 4.25 4.15 -
Pepper Money Near Prime 5.64 - 5.44 5.44
Lender Flt 1yr 2yr 3yr
Pepper Money Prime 5.18 - 4.98 4.98
Pepper Money Specialist 7.59 - 7.39 7.39
Resimac 4.50 4.86 3.89 3.94
RESIMAC Special - - - -
SBS Bank 5.29 4.85 5.05 5.49
SBS Bank Special - 3.39 3.45 3.89
Sovereign 5.30 ▼3.89 ▼4.05 ▼4.39
Sovereign Special - ▼3.39 ▼3.55 ▼3.89
The Co-operative Bank - Owner Occ 5.15 3.49 3.59 3.89
The Co-operative Bank - Standard 5.15 3.99 4.09 4.39
TSB Bank 6.09 4.35 4.25 4.69
Lender Flt 1yr 2yr 3yr
TSB Special 5.29 3.55 3.45 3.89
Wairarapa Building Society 5.70 4.85 4.99 -
Westpac 5.34 4.15 4.09 4.49
Westpac - Offset 5.34 - - -
Westpac Special - 3.39 3.45 3.99
Median 5.34 3.99 4.07 4.39

Last updated: 9 December 2019 9:02am

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