Intrinsic joins Sainsbury’s Bank broker panel

Move designed to grow the bank's mortgage business.

Sainsbury’s Bank has announced that Intrinsic has become its latest broker partner.

The firm joins a broker panel that already includes Openwork and L&G partners, L&C Mortgages, Mortgage Advice Bureau, Stonebridge Group, Alexander Hall, Springtide, First Mortgage Direct and SPF.

David Buxton, head of banking, Sainsbury’s Bank, said: “This latest appointment to our ever growing broker panel illustrates the importance we place in the broker channel, helping to ensure customers get the very best in mortgage and remortgage products from our range through their selected broker.”

Established in 2006, Intrinsic has about 3,500 financial advisers in its network with around 1,500 of those solely mortgage-focused.

Intrinsic is part of Quilter, a wealth management business in the UK and internationally.

Gemma Harle, managing director of Intrinsic Mortgage Network, added: “We are pleased to launch with Sainsbury’s Bank, who will complement our growing lender panel. As a household name with competitively priced mortgages they are a great addition to our current mortgage offering.”

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