The new sign up adds five new branches, to which MAB will provide an advisory service and numerous new homes developments. MAB has brought five consultants and two administrators to the chain. MAB has over 250 outlets across the UK.

Oliver Maher, managing director of Lanes, commented: “We were searching for a high profile company that shared our business vision. MAB is a market leader and will provide invaluable support to our agency. We feel that MAB can provide the excellent service we need to support our customers as well as the expert knowledge to push us forward in our field.

“Lanes has adapted well to mortgage regulation and we feel that we are well placed to further strengthen and develop our brand with the assistance and expertise of MAB. We look forward to enjoying a mutually beneficial working relationship with their team.”

Peter Brodnicki, chief executive of Mortgage Advice Bureau, said: “We are delighted to sign up the Lanes chain and believe it will prove a strong addition to our branch network. Lanes will provide a valuable entry point to Enfield and the surrounding area and will support our aim of enhancing the MAB franchise across the country.”