HLPartnership secures investment from South African mortgage distributor

The strategic investment aims to provide enhanced tools, resources, and support to advisers and their customers.

Related topics:  Mortgages,  Protection
Rozi Jones | Editor, Financial Reporter
10th September 2024
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"This partnership is about more than just growth—it’s about empowering our advisers to achieve their full potential, using the best tools and support available."
- Christopher Tanner, CEO of HLP

HLPartnership has secured a strategic investment from BetterHome Group (BHG), the largest mortgage distributor in South Africa. 

The partnership is set to deliver enhanced technology and support, alongside new growth opportunities for advisers across the UK.

BetterHome Group holds a 30% share of South Africa’s mortgage market through its two mortgage brands, BetterBond and MortgageMax. It also owns home insurance provider, BetterSure, and is invested in several specialist property businesses, including Fine & Country, RE/MAX, Loom and REDi. 

HLP says BetterHome Group’s advanced technology and resources will significantly enhance its service offerings. The additional capital will allow HLP to attract talent, further strengthening the network’s support infrastructure for mortgage and protection firms. Advisers can also look forward to upcoming innovations, such as the rollout of new technologies that deliver a better customer experience, lower-cost lead generation tools which enable advisers to target and nurture new leads and expand their customer databases, and automation tools designed to streamline administrative tasks, freeing up more time to focus on client relationships. 

The partnership will also preserve HLP’s existing leadership and operational structure. 

Christopher Tanner, CEO of HLP, commented: “We understand the challenges that advisers face in today’s rapidly changing market. This partnership is about more than just growth—it’s about empowering our advisers to achieve their full potential, using the best tools and support available. While some of these advancements, such as AI-driven lead generation tools, are on the horizon, our focus is on ensuring that these innovations will seamlessly integrate into our existing systems, offering real value as they become available. Together with BetterHome Group, we’re committed to building a future where every adviser can thrive, where their success is our success."

Rudi Botha, CEO of BetterHome Group, added: “Our investment in HLP is driven by a shared vision and closely aligned values. We believe in the power of partnership and are committed to equipping HLP with the technology and resources needed to drive growth and innovation. Together, we aim to create a more dynamic and innovative environment for mortgage and protection firms, ensuring their long-term success. HLP is the ideal network for firms that are serious about excelling in this industry.”

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