Mortgage distributor 3mc is providing packaging support to Shawbrook Bank and Magellan Homeloans, who both started piloting new mortgage products this week.
3mc director Doug Hall said: “We’re delighted to be supporting these new product launches, by providing packaging support to some of Magellan’s panel networks and also supporting Shawbrook Bank with the launch of its mainstream buy-to-let proposition.
“It’s encouraging to see that 3mc has been chosen as the preferred partner of a number of lenders marketing new propositions into the UK intermediary mortgage market. We were delighted to have been appointed by both Aldermore and Saffron For Intermediaries and look forward to speaking to other lenders wanting to launch new products over the coming months.”
Karen Bennett, commercial mortgages sales and marketing director at Shawbrook, said: “We are piloting our mainstream buy-to-let proposition via just three distribution partners, who have been chosen because of their market expertise and high quality, reliable service.
“The team here at Shawbrook is looking forward to working closely with 3mc to establish our presence in the mainstream buy-to-let market.”
Clive Willson, sales director at Magellan Homeloans, added: “It’s important that our network partners can rely on high quality packaging support and, having known Doug Hall and his team for many years, I have no doubt that 3mc is capable of providing a fast, reliable and high quality service. I look forward to working with 3mc over the coming months.”
