Dudley Building Society has joined TFC Homeloans’ panel of lenders to widen its distribution of intermediary-only mortgage products.
The society’s range is tailored towards non-standard borrowers which are underserved by mainstream lenders.
In June, the society reported a 68% rise in mortgage lending to £52.2m in its accounts for the year ended 31 March, alongside a 60% surge in profits to £887,000. CEO Jeremy Wood said this was proof that its intermediary-only lending strategy had ‘borne fruit’.
Wood said he had been impressed with TFC’s service ethic and commitment to the intermediary community.
TFC’s Cheshire location would give northern-based brokers an alternative point of contact more local to them, Wood added.
