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Metro Bank has set aside a £100m tranche of funds to be lent out through members of the National Association of Commercial Finance Brokers (NACFB).
Ex-Lloyds head of national accounts Maria Harris has been appointed to head up the intermediary mortgage sales division at yet-to-launch fully-online provider, Atom Bank.
Other Metro bank articles
Openwork has launched Metro Bank on to its lender panel with immediate effect.
Virgin Money has become the latest lender to indicate plans to float on the stock market, the Sunday Times has reported.
Each Friday, Mortgage Solutions rounds up the most popular articles on the website over the past week.
Legal & General has updated its MMR matrix to include Metro Bank ahead of preparations for the new regulatory regime.
Virgin Money, Goldman Sachs, Metro Bank and buy-to-let lender Paragon have all reportedly interested in buying specialist mortgage lender Kensington which was put up for sale by South African banking firm Investec last month.
At least four banking brands are considering a bid for Kensington Mortgages with private equity firms also interested in the lender.
Challenger mortgage lender Metro Bank increased its residential mortgage lending by 400% in 2013 to over £300m, spurred on by intermediary lending.
Improving conditions in the mortgage market are inducing smaller lenders, in terms of their volume of mortgages, to make big statements about their lending ambitions for 2014.
Metro Bank has appointed ex-Kensington head of sales Charles Morley to lead its mortgage distribution and gear up lending in 2014.
OneSavings Bank is rumoured to be planning to list in 2014, although the bank will not confirm the move.
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