CHL Mortgages joins MAB panel

Published on

CHL Mortgages has expanded its distribution with the addition of Mortgage Advice Bureau (MAB).

MAB currently has 1,600 advisers across the country, while CHL Mortgages returned to lending earlier this year with a product range open to individual and portfolio landlords as well as limited companies.

The range covers different property types including houses in multiple occupation, multi-unit freehold blocks, new build, ex-local authority and properties above or adjacent to commercial sites. The lender will also consider minor adverse and can accept first-time landlords on certain products.

Ross Turrell, commercial director at CHL Mortgages, said: “Our initial launch has already exceeded our expectations in terms of both business volume and the quality of cases received and so our appointment by MAB will expand upon this encouraging start for the business.

“We look forward to working with the many MAB firms across England and Wales in the coming weeks, months and years ahead.”

Peter Brodnicki (pictured), CEO of Mortgage Advice Bureau, added: “We’re pleased to welcome CHL Mortgages on board and provide our 1,600 advisers with even more choice. CHL have a fantastic product range and we’re looking forward to working with them closely.”

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

NatWest improves international property buyers’ mortgage accessibility

UK mortgage brokers can now access NatWest International via the NatWest Broker Portal. This move...

Aspen Bridging promotes senior quartet

Aspen Bridging has made four key strategic senior promotions. The appointments have been made to...

Pluto Finance hires Wales lending director

Pluto Finance has appointed Stephen Ryan as lending director for Wales, strengthening its commitment...

Simplify recruits 82 trainee conveyancers in National Conveyancing Week initiative

Simplify has announced the recruitment of 82 trainee conveyancers as part of its newly...

Other news

NatWest improves international property buyers’ mortgage accessibility

UK mortgage brokers can now access NatWest International via the NatWest Broker Portal. This move...

Aspen Bridging promotes senior quartet

Aspen Bridging has made four key strategic senior promotions. The appointments have been made to...

Pluto Finance hires Wales lending director

Pluto Finance has appointed Stephen Ryan as lending director for Wales, strengthening its commitment...