Target Group has agreed a mortgage originations and servicing contract with Yorkshire Building Society.

The Yorkshire currently has an existing buy-to-let book through its merger with Chelsea Building Society and is taking its first steps into new lending in this area of the market.

The Society’s measured entry into buy-to-let will be through its intermediary lending arm, Accord Mortgages.

Target will provide servicing support from mortgage origination through to account and arrears management, enabling, it says, the lender to focus on customer acquisition activities.

Jeremy Law, head of buy-to-let at Yorkshire Building Society, said:”Target have the sector expertise and knowledge to help the Society to fulfil our growth plans in the buy-to-let market.””