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TSB expands panel with two network appointments

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  • 04/06/2015
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TSB expands panel with two network appointments
TSB Intermediary has expanded its distribution by adding HomeLoan Partnership and The Online Partnership to its broker panel.

Mortgage intermediary director Roland McCormack (pictured) said there had been strong demand for its mortgages since the launch in January and the bank would continue to roll out the range to more intermediaries over the coming months.

In the first quarter of 2015, TSB Intermediary received £700m of mortgage applications and completed £100m of business. It came to market with the bold promise to shake-up the intermediary sector and to become the industry leader for intermediaries.

In May, the lender launched its first buy-to-let range following a pilot with London & Country.

Earlier this year, Lloyds Banking Group agreed to sell its remaining 50% shareholding in TSB to Spanish bank Sabadell in a deal which will value the bank at £1.7bn.

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