Together expands mortgage broker network

Together expands mortgage broker network

Together has partnered with mortgage club SimplyBiz Mortgages and broker network Personal Touch as it continues to widen its distribution.

The specialist lender will offer members its range of residential mortgages, with loan sizes up to £1m, capital repayment and interest-only options, no valuation or lender's legal fees and a five-year fixed rate with no early redemption charges.

Founded in 2002, SimplyBiz is regarded as one of the largest supporters of directly authorised advisers in the market, with 1,700 member firms.

Advisers at SimplyBiz and Personal Touch have been given access to My Broker Venue – Together's online portal – where they can submit cases and get a full instant decision-in-principle, with support on hand from the lender's team of experts.

Richard Tugwell, group intermediary relationship director at Together, said: "It is an exciting time for us as we continue to expand, and we are really pleased to be working with both SimplyBiz Mortgages and Personal Touch as we reach out to even more brokers across mainland UK."

Martin Reynolds, chief executive at SimplyBiz Mortgages, said: "We support over 3,900 advisers, putting them at the heart of everything we do, so it is essential for us that we are offering them a broad range of products to suit different customer needs. 

"Together is firmly established as a leader in the specialist finance sector and we are really pleased to introduce them to our members."

Together recently announced record results, with annual lending to 30 June 2017 at close to £1.2bn and a current loan book of more than £2.37bn.

It recently cut interest rates on Right to Buy and shared ownership mortgages as part of a review of its personal finance offering.