The division will focus on distributing products for more complex residential cases, while it will also expand Vantage’s current specialist buy-to-let offering.
The first lender to sign up to the panel was Saffron For Intermediaries, while other panel members include Buckinghamshire Building Society, Cheshire Mortgage and Precise Mortgages.
Lucy Hodge, director of Vantage, said: “By launching this new division to expand our proposition, we will be able to help our intermediaries place the more challenging, complex cases that come their way.
“Having listened to our brokers, we realise the demand is there for us to provide a more comprehensive offering. Intermediaries can expect the same attention to detail, frequent communication and high quality service that lies at the heart of all Vantage’s business dealings.”
The division is based in Vantage’s Gerrards Cross office in Buckinghamshire.
Anita Arch, senior business development manager at Saffron For Intermediaries, said: “Saffron is delighted to be working in partnership with Vantage Finance, which has developed a strong reputation for its in-depth knowledge and understanding of its lender partners' products and criteria.
“Together, we can offer brokers access to competitive mortgage products supported by a high quality service.”
Vantage already distributes secured loans, bridging finance, commercial mortgages, development finance and buy-to-let.