Founder and managing director of The Mortgage Hut Group, Chris Schutrups said: “Expanding the business is always at the heart of our strategy and we are delighted to acquire a thriving and well-established business with a loyal customer base.”
The acquisition joins a long list of businesses that are now part of The Mortgage Hut Group’s expanding portfolio and Mortgage Integrity will be rebranded Mortgage Advice Bureau New Homes over the coming weeks.
Former managing director at Mortgage Integrity, Alan Shaw, said: “It has been a real pleasure developing Mortgage Integrity for the past 14 years and working with such a dedicated team to get it where it is today. I am looking forward to continuing my work within the business, to see it flourish even further under new leadership.”
There are no immediate plans to make changes to the current staff, who will all remain based at the offices in East Street, Fareham in Hampshire. Shaw remains a consultant for the company.
The Mortgage Hut Group now has six offices across Hampshire and an office in London. The move is a step towards the company’s goal to the develop a market-leading new-build specialist mortgage broker on the south coast of England.