Colenko, Suffolk BS join industry bodies; Loughborough BS, Perenna expand distribution networks
Several UK lenders have announced new industry partnerships, reinforcing their commitment to the intermediary mortgage market.
Specialist lenders Colenko and Suffolk Building Society have joined key industry associations. Colenko has become a Patron Lender of the National Association of Commercial Finance Brokers (NACFB), aligning with its network of commercial finance brokers.
Established in 2019, Colenko provides bridging loans and development finance to property investors and developers across England and Wales.
“We’re excited to become a Patron Lender of the NACFB and collaborate with its network of brokers,” said Rob Roscoe (pictured far left), chief executive of Colenko. “We look forward to supporting NACFB members and working together to offer innovative finance solutions.”
Meanwhile, Suffolk Building Society has joined the Intermediary Mortgage Lenders Association (IMLA), which represents lenders responsible for over 90% of the UK’s gross mortgage lending.
The mutual, which operates its intermediary arm as Suffolk for Intermediaries, offers a range of mortgage products, including first-time buyer loans, buy-to-let, self-build, and later life lending. Charlotte Grimshaw (pictured second from left), head of intermediaries at Suffolk Building Society, will represent the lender at IMLA meetings and events.
“We’re delighted to be joining IMLA,” Grimshaw said. “The association’s expertise in the intermediary space is exemplary, from representing the industry at government level, providing valuable insights, to educating the market on important topics. With IMLA’s close alliances with the Building Societies Association and UK Finance, this relationship illustrates our dedication to the intermediary market. It’s great to now be part of this wider forum.”
In another move, Loughborough Building Society has partnered with Finance Advice Club, expanding access to its full product range, which includes residential mortgages, buy-to-let, borrowing into retirement, first-time buyer schemes, and holiday let loans. The lender has also introduced a new mortgage origination platform with integrated credit decisioning software, enabling soft credit checks at the Decision in Principle stage and enhanced case-tracking functionality.
“Joining the Finance Advice Club panel allows us to extend our reach and offer tailored mortgage solutions to an even wider intermediary network,” said Ashley Pearson (pictured second from right), head of intermediaries at Loughborough Building Society. “As a lender, we remain committed to providing innovative, flexible, and customer-focused options, and we look forward to working closely with Finance Advice Club members to support their clients’ diverse borrowing needs.”
Long-term fixed rate mortgage lender Perenna has also expanded its broker distribution network through a new partnership with Brilliant Solutions, a mortgage club and specialist packager.
Brilliant Solutions joins Perenna’s panel of broker partners, which includes Mortgage Intelligence Group, Air, Mortgage Advice Bureau, Stonebridge, Legal & General Mortgage Club, and Connells Group.
“We’re delighted to be working with Brilliant Solutions to further deepen our connections with UK brokers, improving access to our innovative mortgage products,” said Colin Bell (pictured far right), chief operating officer at Perenna.
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