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It will provide intermediaries with access to an area of the market that is unaffected by the current liquidity crisis. (See related story.)

The savings products introduced through Edeus will provide intermediaries with the opportunity to earn a procuration fee of up to 2.75 per cent of the deposit.

None of the capital is directly invested in the money markets and intermediaries do not need Financial Services Authority (FSA) investment permissions to produce a key features document (KFD) as the products are sold on an informed choice basis.

Alan Cleary, Edeus managing director, said: "The key to survival in the current market is flexibility and this move allows us to support mortgage intermediaries by providing an additional lucrative revenue stream.

"The 2.75 per cent proc fee could provide approximately as much commission on a £10,000 investment as would have been earned on a £100,000 mortgage.

"We are certain that these products will prove very popular and are delighted that Premier Mortgage Service is supporting this initiative from launch."

The two products available are the Guaranteed Minimum Return Account and the 50:50 Balanced FTSE Account.

The Guaranteed Minimum Return Account offers index-linked growth for five years and a return of 50 per cent of any growth in the FTSE 100 or 15 per cent Gross/2.84 per cent AER, whichever is greater. It has been available since 7 April, until 24 June 2008

The 50:50 Balanced FTSE Account also offers index-linked growth for five years on 50 per cent of the capital invested, with the other 50 per cent deposited in an easy access account paying a fixed 7.50 per cent gross/AER for the first 12 months and tracking Bank of England base rate for the remaining four years.

It has been available since 15 April, until 16 July 2008.