Meridian Mortgages has joined Mortgage Advice Bureau’s NewHomes Network as an appointed representative and will begin working under the specialist network with immediate effect.

Previously a directly authorised firm, Meridian is a Leicestershire-based new homes mortgage specialist. It has been in the sector for the past 16 years, employing over 30 staff at their Leicester offices with directors, George Bell and Derry Walton, having over 50 years’ experience in the intermediary market.

Meridian currently services both national UK developers such as Barratt Homes, Bellway Homes and Keepmoat, and large regional developers including Gleeson Homes and Jelson Homes.

Walton said: “The new homes market continues to move fast and we are seeing a significant increase in the volume of business we are transacting.

“MAB give us the very best in ways of technology, sales support, training and recruitment. They are the market leader in this field by some way and will give us the support to continue to grow our business.”

In addition to their other introduced business and client bank work, this year, Meridian is on target to complete over 2,000 new build mortgages.

Andy Frankish, new homes director at MAB, said: “Meridian is a great example of a firm that understands the new homes business model and is able to provide an outstanding service to both developers and customers alike.

“We are very happy to be working with them and helping expand their business in this growing market sector.”