This partnership with TBMC will enable Heritable Bank to attract high quality business and through the deal, Heritable Bank will offer TBMC a dedicated underwriter contact to help create solutions for complicated client cases.
Adrian Scott, managing director for residential mortgages at Heritable Bank, said: “We are delighted to be entering the packager market with TBMC, a recognised market leader for buy-to-let business. We view TBMC’s focus on quality and first class service as an ideal fit with our own and our partnership with them will enable us to offer our expert specialist underwriting approach to TBMC’s base of advisers.”
Andy Young, chief executive of TBMC, said: “Heritable Bank will be a valuable addition to our lender panel, with its portfolio proposition and ability to lend to both non-UK resident applicants and limited companies, complementing our existing product offering. The new partnership with Heritable Bank will enable us to match its excellent buy to let offering with a growing demand in the wider adviser marketplace.”