The Mortgage Lender has added award-winning Crystal Specialist Finance to its network of distribution partners.
The specialist finance distributor, based in Tamworth, offers residential and commercial mortgages, bridging loans, second charge loans and development finance.
Crystal Specialist Finance Head of Operations Kris Corns said:
“We’re delighted to form this partnership with The Mortgage Lender and become a distribution partner.
“Our aim is to provide a fast, reliable and transparent service while smoothing out the most complex deals and this new relationship with The Mortgage Lender will further help us to achieve just that for our customers.”
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 starting from 1.95 per cent.
The Mortgage Lender Sales and Marketing director Pete Thomson said:
“I’m excited to welcome Crystal Specialist Finance to The Mortgage Lender’s increasing network of distribution partners.
“We’re looking forward to working closely with the team.”
To highlight its competitive positioning in the market The Mortgage Lender is asking brokers to #ChallengeTML for its lowest rate and 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 rate as the decision in principle.