TMA Club adds Scottish BS to lender panel

Its directly authorised brokers gain access to the mutual's suite of lending products

TMA Club adds Scottish BS to lender panel

TMA Club has partnered with Scottish Building Society, bringing the mutual’s range of lending products to its lender panel.

The mortgage club’s directly authorised brokers can now access the building society’s suite of lending products including residential, self-build, and retirement interest-only (RIO) mortgages.

The Scottish Building Society currently lends across Scotland, including the Scottish Isles and in 29 English postcodes. In addition to a range of product options, it also offers flexible underwriting, which means that individual circumstances are considered in each case.

 

Highlights of the partnership for TMA brokers include the availability of the following:

  • Guarantor Mortgages (top slicing available)
  • Professional products
  • RIO and later life range with SIP income considered
  • Self-build with option to lend against land value
  • Entrepreneur range

Lisa Martin (pictured), development director at TMA, said that the addition of Scottish Building Society to its lender panel showed TMA Club’s continued commitment to providing brokers with the best possible tools to assist their customers.

“We’re proud to partner with the Scottish Building Society, given their continued commitment to providing personal, flexible, and reliable service,” Martin remarked. “With a rating of 92% for overall broker satisfaction according to the Smart Money People H1 2022 survey, we’re confident that the Scottish Building Society will be a fantastic addition to our panel.”

Steven Brown, head of intermediaries at Scottish Building Society, added that they were delighted to be partnering with TMA Club to offer its 3,000-strong network of brokers a range of products for a variety of circumstances, including later life lending needs.

“With brokers facing an increasingly complex market, we’re proud to partner with a mortgage club that is dedicated to providing its directly authorised brokers with the best tools and solutions to do their job effectively,” Brown said.

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