From today, advisers who are part of the Intrinsic Financial Services network can access Secure Trust’s mortgage products.
The lender launched into the UK residential market in March and this agreement marks its ninth distribution tie-in with appointed representative and directly authorised broker channels.
Secure Trust Bank Mortgages head of sales and marketing Tony Hall said: “We have continued to target new partners that will allow us to strengthen and expand the breadth of our mortgage service.
“Intrinsic possesses one of the largest networks in the UK and has developed an excellent reputation for providing a robust, expert service. This partnership represents an enormous opportunity for Secure Trust Bank and we look forward to taking our mortgage products to potentially thousands of new customers as a result.”
Secure Trust aims its lending at borrowers who are underserved by the high street lenders. This includes the self-employed, contract workers and those with complex incomes or who have experienced a credit blip.
It provides loans of up to £2m per household and customers can choose from two-, three-, and five-year fixed rate deals with a maximum loan-to-value of 85%.
Intrinsic Financial Services commercial director Adam Smith added: “Secure Trust Bank is a welcome addition to our lender panel.
“The team has demonstrated an enthusiastic approach to lending, an ability to offer flexible criteria and a consideration for complex income applications. We look forward to working with Secure Trust Bank and are pleased to support its expansion in the mortgage market.”