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Fluent Money steps into first charge mortgages with Brytannic acquisition

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  • 15/06/2017
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Fluent Money steps into first charge mortgages with Brytannic acquisition
Second charge distributor Fluent Money Group has purchased mortgage broker and packager Brytannic Extra Finance.

Fluent adds expertise in specialist first charge mortgages and equity release to its repertoire with the acquisition of the Manchester-based broker and packager.

Brytannic, run by managing director Dan Payne, will move its 18-strong team into Fluent’s head office in Horwich, near Bolton. It will rebrand as Fluent Mortgages Limited and will offer a range of specialist services to complement Fluent’s existing second charge proposition to intermediaries.

Kevin Hindley, chief executive at Fluent, said: “We have known Dan Payne and his team for some time and have always been impressed with the way they do business. They share the same philosophy on customer care as we do and therefore when we were looking to expand the group’s activities, it was a logical choice to talk to Brytannic.”

Payne added: “Our skills and specialist lending experience, mixed with Fluent’s presence in the wider national marketplace and their commitment to service, will create an even more attractive specialist lending proposition for introducers. We are looking forward to taking Fluent’s presence to a whole new level.”

In August, Fluent appointed Mark Kilgallon as finance director to help grow the company following a capital injection from private equity house Beech Tree Private Equity (BTPE) in March.

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