After a tender process, SimplyBiz Mortgages (SBM) has unveiled its new specialist and complex lending panel of distributors.
Members will have access to up to eight firms that can offer a combination of solutions for secured and unsecured loans, bridging, commercial and development finance, complex buy-to-let, including limited companies and specialist residential mortgages.
Making up the new panel are:
- AToM
- Brightstar
- Crystal Specialist Finance
- Fluent Money
- TFC Homeloans
- The Mortgage Trading Company
SimplyBiz Mortgages has also added two regional specialists: The Lending Channel for Scottish properties and Loans.co.uk for Northern Irish properties.
Masterclasses, webinars, bespoke specialist magazines and literature issued over the next few months will provide members with greater knowledge and understanding of the specialist market, the firm said.
Martin Reynolds, CEO of SimplyBiz Mortgages, said: “We have run successful separate ancillary panels for many years, but felt that it was opportune to review how this was structured post MCD.
“Following a three month due diligence process, we believe that we have created a new panel that will offer members both choice and access to a wealth of knowledge that will enable them to help more of their clients. We also felt that offering dedicated regional support with local knowledge on the panel would increase the interaction.
“Mortgages are becoming more complex and using all the resources available to you as an adviser is key as we move forward.”
Nigel Payne, managing director of TFC Homeloans, added: “Partnering with one of the UK’s leading mortgage clubs is a fantastic way to kick off 2017. SimplyBiz Mortgages is innovative, robust and totally committed to brokers, just like TFC, and we can’t wait to start working together.”