Fleet Mortgages has added network Intrinsic to its distribution panel.
Advisers who are part of Intrinsic, including its appointed representative firms and its Positive Solutions Partners, will now be able to offer their clients access to the Fleet Mortgages’ buy-to-let range which offers mainstream, HMO and limited company products.
Intrinsic, which is part of Old Mutual Wealth, becomes the latest distributor to join Fleet Mortgages’ panel with the lender offering a proposition specifically focused on experienced landlords and property investors.
Fleet Mortgages’ panel is now comprised of 11 firms with more to follow over the course of the next quarter.
Bob Young, chief executive officer of Fleet Mortgages, said: “With the continued expansion of our distribution panel, particularly with large operators like Intrinsic, we are moving towards all intermediaries having access to the Fleet Mortgages’ product range. Intrinsic come with a quality pedigree and we are looking forward to dealing with its members and their buy-to-let clients. The Spring is traditionally a strong period for the buy-to-let market and there is nothing to suggest that 2015 will be any different.
“The demand for buying and refinancing investment property is clearly there from landlords and investors, and our lending run-rate has certainly outperformed our initial expectations. With more distributors to follow in the coming weeks we are looking forward to expanding our presence amongst the intermediary community.”
Emma Hollingworth, mortgage sales director at Intrinsic Network, added: “On behalf of Intrinsic I’m extremely pleased that we will be working with Fleet Mortgages. Intrinsic is committed to providing our advisers with access to the leading lenders and products from within the industry and this agreement with Fleet Mortgages means they will now be able to benefit from a great range of buy-to-let products and provide their clients with even more choice.
“We believe the buy-to-let market will grow in 2015 and it is great that new entrants such as Fleet Mortgages are continuing to innovate in this sector.”