The Mortgage Lender has added Clever Lending to its network of distribution partners.
Clever Lending is a specialist packager focused on delivering first charge, second charge, bridging and commercial loans.
Challenger brand, The Mortgage Lender, provides borrowers with an alternative to the high-street lenders. It offers products for a wide range of borrowers, including those with complex situations, and has rates of less than 2 per cent.
Clever Lending’s Head of Specialist Lending Sonny Gosai said:
“We are very pleased to form this partnership with The Mortgage Lender and become a distribution partner. Its priority on delivering professional, yet personal service helps our introducing partners’ clients and fits perfectly within our own business ethos. Its range of products provides an additional, competitive choice for us to deliver to our brokers.”
The Mortgage Lender Sales and Marketing director Pete Thomson said:
“We’re delighted to welcome Clever Lending to our growing network of distribution partners. We’re looking forward to working closely with the team and helping their customers by providing great products, market leading customer service and competitive rates.”
To highlight its competitive positioning in the market The Mortgage Lender is inviting brokers to #ChallengeTML to see if they can offer the best deal for their applicants and provide certainty that the rate quoted on a successful decision in principle is the rate a customer will receive at offer.
One in three of its borrowers qualify for its lowest rate, currently 1.95 per cent, and 98 per cent of its offers are on the same product tier as the decision in principle.