Pepper Homeloans has extended its distribution with its appointment to the SimplyBiz Mortgages panel, part of the SimplyBiz Group.

SimplyBiz supports over 25% of all directly authorised brokers – over 6,5000 financial advisers across some 3,000 firms. Pepper Homeloans, which launched into the UK intermediary market last year, has been extending its distribution during 2016.

Colin Snowdon, managing director of Pepper Homeloans, said: “We’re delighted to be adding SimplyBiz to our distribution panel and are looking forward to providing their brokers not only with products designed to help borrowers who may have difficulties obtaining a loan from a high street lender, but also with a fast and personal service.”

Martin Reynolds (pictured), chief executive at SimplyBiz Mortgages, added: “It’s exciting to see new lenders such as Pepper filling gaps in the market and providing increased choice to our members.

“The market needs greater competition and products that cater for underserved market segments. We are always looking for how we can provide greater choice for our members and Pepper fit the bill perfectly.”