Mortgage Advice Bureau (MAB) has become the latest network to be added to the Mortgage Lender’s distribution panel.
Brian Murphy, head of lending, said: “We are delighted to be joining forces with the team at The Mortgage Lender and providing our advisers with direct access to their product site.”
“We’re committed to offering our customers the best service possible and continuing to grow the range of products available to them.”
The bureau has grown as a network over the last few years, now with over 1,000 advisers who have handled over £12 billion worth of mortgages in 2016. It is the first mortgage intermediary to have appeared on the London Stock Exchange, having joined the Alternative Investment Market in November 2014.
Pete Thompson, Sales and Marketing Director of The Mortgage Lender, said: “Mortgage Advice Bureau are a major player in the market. The volume of mortgages they place and customers they support is huge.”
“Since launch just over a year ago we’ve been in the enviable position of being able to attract and work with some of the most respected networks and distributors in the industry. We’re excited to see what the coming year will bring.”
The Mortgage Lender operates within the UK mortgage intermediary market, as it aims to provide competitive alternatives to the high street. Its rates start at 1.89% for a two-year tracker and from 3.25% on five-year fixed rates.
MAB will join Sesame, Tenet, Pink, First Complete, The Right Mortgage & Protection Network, John Charcol, New Leaf Distribution and HL Partnership as a network distribution partner of the Trevor Pothecary-backed lender.