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Vernon and Tenet Group in distribution deal

Move widens access to Vernon mortgages

by Kevin Rose
11 July 2018
0
The Vernon BS partners with Sesame and PMS
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Vernon Intermediaries and Tenet Group have partnered to provide Tenet’s advisers with access the full range of the North-West based mutual’s mortgages.

Vernon offers products across both mainstream and buy-to-let mortgages as well as deals designed to help first-time buyers and older homeowners access mortgage finance.

The lender also offers a retirement mortgage, an alternative to a lifetime mortgage, or a long-term option for interest-only borrowers.

Tom Gurrie (pictured), intermediary sales manager of Vernon, said: “Tenet is a strong business with a clear focus on giving its advisers access to a broad range of mortgage options.

“At Vernon we provide solutions to underserved markets in addition to our mainstream mortgages and look forward to helping Tenet members find the right deal for their clients.”

Simon Broadley, managing director of TenetLime, added: “We’re pleased to partner with Vernon for Intermediaries and its innovative borrowing solutions, including being one of the first to market with a retirement interest-only mortgage, which as the regulator recognised, will fill an important gap in the mortgage market for some older borrowers.”

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© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

No Result
View All Result
  • MORTGAGES
    • Mortgage type
      • Discount mortgages
      • Fixed rates
      • Fee-free
      • Interest-only
      • Offset
      • Remortgages
      • Trackers
      • Variable rates
    • Conveyancing
    • First time buyers
    • Help to Buy
    • New build
    • Overseas
    • Regulation
    • Self build
    • Shared ownership
  • BRIDGING
  • BTL
    • Consumer BTL
    • HMOs
    • Limited Company BTL
  • COMMERCIAL
    • Asset finance
    • Auction finance
    • Commercial mortgages
    • Development finance
    • Invoice finance
    • SME finance
  • COVER
    • General insurance
    • Landlord insurance
    • Protection
      • Critical illness
      • Income protection
      • Group protection
      • Life cover
      • PMI
  • DEBT
  • DISTRIBUTION
  • LOANS
  • RETIREMENT
    • Equity release
      • Lifetime mortages
      • Drawdown
    • Lending into retirement
    • Pensions
    • Retirement borrowing

© 2018 Trek Publishing Limited. Website design by Bedazzled Media Limited.
Company Number 11335497. Registered Office: Butterick Building Unit K, 38 New Lane, Havant, P09 2ND

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