TMA Club has entered into a partnership with Vernon Building Society, whereby Directly Authorised (DA) brokers who are members of TMA will have access to Vernon’s range of mortgages.
Vernon Building Society says it takes a personal, customised approach to underwriting, with a highly experienced team and a common-sense attitude to its mortgage lending. It offers bespoke lending solutions to mainstream borrowers, as well as those with more individual requirements, across residential, buy-to-let, Buy for Uni, self-build and retirement interest-only mortgages.
The mutual provides manual underwriting and no credit scoring. It offers joint borrower sole proprietor mortgages, later life lending with no age limitations and student mortgages.
Lisa Martin (pictured), development director at TMA, said: “We are proud and excited to be offering Vernon Building Society’s products to our members in a move which further strengthens TMA’s offering of a range of bespoke lending solutions for all types of borrowers.
“We look forward to working closely with Vernon Building Society and seeing their niche products really add value for our members and their customers.”
Brendan Crowshaw, head of mortgage and savings distribution at Vernon Building Society, added: “This partnership marks the next step in our ambitious distribution strategy, making it easier for brokers across the UK to access our range of mainstream and specialist mortgages.
“TMA is one of the UK’s leading mortgage clubs and we can’t wait to help its members benefit from our specialist lending expertise and competitive, innovative products.”