Tony Hall, head of sales and marketing at Secure Trust Bank Mortgages, explained: “The partnership with TMA is an important step for Secure Trust Bank as we take our lending products to a wider audience. It provides us with access to a valued broker network which has an excellent reputation in the market.”
Based in Lichfield, TMA is dedicated to directly-authorised intermediaries offering mortgage, protection and general insurance products across the UK.
TMA now has 45 lenders on its direct panel, and this new partnership means directly authorised brokers submitting applications via TMA will be able to offer their clients Secure Trust Bank’s full mortgage range.
David Copland, director of mortgage services at TMA, added: “We are delighted to be working with Secure Trust Bank. A flexible approach to underwriting, especially for those borrowers with complex income circumstances, coupled with direct access to the bank’s team of underwriters will no doubt have huge appeal with our members.”
Secure Trust Bank launched its mortgage division earlier this year to support residential customers who it claims are under-served by the traditional high street lenders. The firm’s purchase and remortgage products currently have a maximum loan-to-value of 85% and a maximum loan size of £2m.