Click to move into mortgage market

Click, the online and telephone insurance and loan adviser, is to launch a mortgage broker.

Click is currently conducting a fact-finding exercises to decide what shape the new concept should take. Entry into the sub-prime arena has been strongly hinted at.

Steve Teague, chief executive of Click, said three options were under consideration for a likely final quarter launch: "We will either purchase a brokerage, recruit a senior pro­fessional to grow our business organically, or form a strategic partnership with another company. Partnerships have proved successful for us in the past."