Cherry Godfrey, an independent financial services company, has announced the acquisition of NRM Financial Limited (Priory Mortgage Advice).
NRM is a well-established small company offering mortgage and life Insurance advice, across the Isle of Wight and the south coast.
Cherry Godfrey is a specialist in offering unique Island finance and insurance products to the local community.
As part of its 5-year strategic growth plan, this acquisition will allow Cherry Godfrey to offer the same suite of products across all four of its jurisdictions in Guernsey, Jersey, Isle of Man and now on the Isle of Wight.
Cherry Godfrey can now offer additional services such as mortgage advice and life insurance.
With this acquisition, customers on the Isle of Wight can take advantage of the wider selection of products that it offers.
Chief Operating Officer, Tanzy Cherry, commented:
“With a similar passion for going above and beyond in terms of customer service, the team at Priory Mortgage Advice are perfectly aligned with our ethos and family values that we have stood by since our inception.
"We are very pleased to be welcoming them to the Cherry Godfrey team on the Isle of Wight."
Cherry Godfrey opened its office on the island over two years ago and is now a well-established business within the local community.
This is the first step in its plans to grow its business in the Isle of Wight, with even further exciting plans to expand its personal and business product offering the end of November.
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