Nexpad, a national mortgage brokerage founded by Stuart Dare, former managing director of mortgage services at Connells Group, has launched.
The business has entered the market as an appointed representative (AR) of HLPartnership and has secured a mortgage services contract with estate agency eXp UK.
Its strategy is to align mortgage advice more closely to the home moving process and support good consumer outcomes.
Dare has more than 25 years of experience in estate agency-linked mortgage advice, having previously led Connells and Sequence’s Mortgage Services business, overseeing nearly 600 advisers.
Nexpad said earlier engagement would reduce delays caused by late information gathering, duplicated administration and fragmented communication.
The firm will focus on recruiting experienced advisers who want to work within a self-employed model.
Dare, CEO of Nexpad, said: “Home buying is time-sensitive and often slowed down when advice is introduced too late. Nexpad has been built to bring regulated advice into the process earlier, improve coordination and support good consumer outcomes.
“Securing a national contract with eXp UK gives us a strong starting point. Combined with HLPartnership’s infrastructure, oversight and technology, it allows us to build a scalable brokerage aligned to estate agency networks while maintaining high standards.”
As an AR of HLPartnership, Nexpad will gain access to compliance support and supervision, as well as the network’s services, such as marketing and recruitment support.
Nexpad’s services will be supported by HLPartnership’s technology designed to improve case visibility, support communication and reduce duplication.
Christopher Tanner, chief executive of HLPartnership, said: “We are pleased to welcome Nexpad to HLPartnership and to support Stuart in building the firm. Stuart brings significant experience in estate agency-linked mortgage advice, and the eXp UK contract provides a strong foundation for growth.
“Supporting estate agency-aligned advice propositions is an important part of our strategy. Where introducer routes are involved, advice must be delivered within a robust governance framework and supported by the right infrastructure. Through our compliance oversight, product access, bespoke technology stack and practical support, we provide the platform that enables firms like Nexpad to manage introducer relationships responsibly and deliver suitable advice with good consumer outcomes.”
