MortgagesNov 15 2016

Dudley Building Society seals deal with Tenet advisers

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Dudley Building Society seals deal with Tenet advisers

Dudley Building Society has partnered with Leeds-based Tenet Group to provide mortgage products for the network's advisers working within 100 miles of the lender's Dudley head office.

The products will be advised on by the network's specialist mortgage arm TenetLime.  

Jonathan Moore, head of credit at Dudley Building Society, said: “We are delighted to welcome TenetLime to our panel of introducers and are looking forward to working with their members. We have been in discussion with Tenet for a while now and their head office team’s commitment to offering their advisers a strong and well rounded mortgage service has impressed us. 

"As well as our stance on personal human underwriting, we are a building society proud of our record in providing mortgages to sectors which have been overlooked by the larger lenders, such as the self employed and older clients looking to borrow into retirement.”

Gemma Harle, managing director of TenetLime added: “We are really pleased to be working with Dudley Building Society. It has been our focus at Tenet this year to give our members access to a more diverse range of lenders, especially smaller building societies who can offer a personal approach to case assessment. 

"Dudley Building Society has demonstrated that it is committed to providing the kind of service our members and their customers need backed up by a strong product range. We look forward to developing the relationship in 2017.”

Earlier this month, Tenet has unveiled a panel of lenders as it looks to make the second charge market a more cost effective option for advisers.

The second charge panel aimed to give advisers the option to go directly to second charge lenders, giving them more control over the advice process.

The panel will initially include five lenders: Paragon Personal Finance, Masthaven Secured Loans, Precise Mortgages, Shawbrook Bank, and Step One Finance.