Kensington is set to launch itsown panel of specialist distributors later this year.
Planned for April, the move takes the lender back to its roots as it originally launched with the help of packagers but then for the years since the credit crunch has relied on the direct to broker market to bolster its coffers.
Others have hailed its return to qualified distribution as a major step forward given recent regulatory constraints.
Steve Griffiths, head of sales and distribution at Kensington, said: “Specialist distributors have proven a key channel for Kensington in the past as they provide brokers with a simple way of sourcing and placing their more complex cases.
“Today’s specialist distributors have built on this expertise to deliver new standards of professionalism and this is a great opportunity to leverage the extended reach and packaging capability of these firms; to help more customers whose real life circumstance get in the way of a standard mortgage application.”
And he added: “This is an exciting development for Kensington and an important step for the growth of our business.”
Kensington will be rolling out distribution in a staged process throughout April and May.
