Together joins forces with broker networks
Specialist lender Together has opened up its residential mortgage range to broker networks across the UK as part of major plans to grow its business.
The move will allow thousands more brokers direct access to Together’s first charge mortgage products and its common sense approach, with the lender announcing partnerships with Instrinsic, Tenet Group, HL Partnership (HLP) and The Right Mortgage & Protection Network.
With 43 years experience in the specialist lending sector, Together looks beyond mainstream lending criteria and considers each case individually, working with customers that may have unusual properties, complex income streams, atypical purchases, such as shared ownership or right-to-buy, or a combination of these factors.
Pete Ball, personal finance CEO at Together, said:
“Partnering with the broker networks is a natural next step for us in terms of our growth plans. We’re looking forward to working with more brokers across the UK as a result, and offering our first charge mortgages and common sense approach to their customers.
“As a specialist lender, we cater for needs that other lenders may not be addressing, and our loan book is proof of the growing demand for our products. The broker networks will significantly widen our distribution and we’re delighted to confirm our collaborations with Intrinsic, Tenet Group, HL Partnership and The Right Mortgage Network.”
To support the launch, Together has enhanced its online portal, My Broker Venue, making it quicker and more intuitive for brokers to use, and including a full, instant, decision-in-principle.
Adam Smith, commercial director at Intrinsic said:
“We’re really pleased to have Together on our panel, to widen our offering for our advisers and ensure we can cater for a broad spectrum of customers.”
Gemma Harle, MD of TenetLime, said:
“Together will be a great addition, in particular when it comes to customers that fall outside the more mainstream criteria. Its common sense approach and the fact it reviews client needs on a case-by-case basis is very refreshing and we’re looking forward to working together.”
Christopher Tanner, CEO of HL Partnership added:
“We aim to ensure that we cater for a wide variety of customer needs and Together is one of the leaders in the specialist lending marketplace, with a proven track record of delivering the best outcome for customers in complex cases, which need a more tailored approach.”
Martin Wilson, CEO of The Right Mortgage & Protection Network, said:
“We’re always looking at ways to enable our advisers to find great products for their clients and achieve those good consumer outcomes that we all strive for. So we are delighted to add Together to our specialist lender panel. With their level of service and the range of products offered, we are sure that they will be able to help our advisers find their clients a great product to meet their needs.”
Together, which recently scooped three awards at the British Specialist Lending Awards, has over 500 employees, with annual new lending for 2016 at just under £1.1bn.