The Mortgage Partnership (TMP) is celebrating its 20th anniversary with a rebrand and a new website.
the North West based specialist packager distributor’s managing director, Ian Ward, says the market has adapted to many changes but its fundamental strengths have not changed.
He said: “In the last 20 years we have seen great change and many challenges. The lending industry has adapted to all of them. The credit crunch clearly devastated the market, but those of us who carried on through are now part of a more dynamic and stripped down sector.
“Regulation and compliance have made the industry more professional and transparent, the rise of technology has made the lending process more efficient but the fundamental relationship between the public and advisers has, if anything, become closer and more important to buyers and to lenders.
“Specialist distributers like TMP continue to provide a vital link to the intermediary sector in today’s market and have become even more important since the market recovered. The rise of specialist lending, responding to the need to cater for clients with issues that bar them from high street sources, has meant that brokers can access the expertise and support through packager distributors to provide those clients with the right solutions.
“Very few original packagers survived the credit crunch. Those that did, like TMP, have built a deserved reputation for expertise and specialist knowledge that is unmatched in the market. Here’s to the next 20 years.”