Vantage Finance has introduced a new packaging division which will offer intermediaries specialist mortgages in both the residential and buy-to-let markets.

The firm said its new division will focus on distributing products for more complex residential mortgage cases, which are harder to source in the market, as well as expanding Vantage’s current specialist buy-to-let offering.

Vantage already distributes other specialist products, including secured loans, bridging finance, commercial mortgages, development finance and buy-to-let.

Vantage has signed up a number of lenders to the division’s panel, of which Saffron For Intermediaries was its first. Other panel members include Buckinghamshire Building Society, Cheshire Mortgage and Precise Mortgages. It is looking to expand the panel in due course.

The new specialist residential mortgage range will enable Vantage to provide an even more comprehensive offering, and represents an exciting expansion for the business at the end of its tenth anniversary year.

Anita Arch, senior business development manager at Saffron For Intermediaries, said: “Saffron is delighted to be working in partnership with Vantage Finance, which has developed a strong reputation for its in-depth knowledge and understanding of its lender partners’ products and criteria.

“Together, we can offer brokers access to competitive mortgage products supported by a high quality service.”

Lucy Hodge (pictured), director of Vantage, added: “By launching this new division to expand our proposition, we will be able to help our intermediaries place the more challenging, complex cases that come their way. Having listened to our brokers, we realise the demand is there for us to provide a more comprehensive offering.

“Intermediaries can expect the same attention to detail, frequent communication and high quality service that lies at the heart of all Vantage’s business dealings.”