TML expands distribution panel

Published on

The Mortgage Lender (TML) has added two more distributors to its panel.

The Glasgow lender has added Perth-based The Lending Channel and Solihull-based The Right Mortgage Network.

The move increases its total distribution panel to over 30, in addition to over 500 directly authorised mortgage advisers.

Trevor Pothecary (pictured), chief executive of The Mortgage Lender, said: “That we continue to attract new distribution partners so quickly is a clear endorsement of The Mortgage Lender proposition – a simple process for the more complicated of cases.

“We’re dealing with non-standard applications that High Street lenders won’t consider while still offering competitive deals. This is down to looking beyond overly simplistic models of risk and affordability and considering the individuals and their circumstances to make lending decisions. Clearly brokers appreciate that approach.”

Alistair Ewing, managing director of The Lending Channel, added: “There is an increasing number of borrowers with so-called ‘non-standard’ circumstances, having a new lender that will look properly at these cases, and consider all the relevant factors to determine the real risk is a welcome addition. We look forward to working with the TML team.”

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

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...