The Buy to Let Broker was launched in 2013 by Matt Hardman and Matthew Rowne, with around 26 employees, making it one of the largest specialist buy-to-let mortgage brokers in the UK.
It covers a wide range of buy-to-let business including remortgage, high value loans, first-time landlords, rate switch, limited company, houses in multiple occupation (HMO), multi-unit freehold blocks and holiday let.
The firm also does bridging finance with rates starting from 0.45 per cent, as well as insurance and protection.
Pivotal Growth said the acquisition expanded its capability in the specialist buy-to-let market. It added that it was currently in “active discussions” with a number of other opportunities to “build on the momentum of the group’s buy and build strategy, expanding its product set and geographical reach”.
So far, the firm has acquired Hemel Hempstead-based specialist mortgage broker The Loan Partnership, Scottish mortgage broker Lifetime Finance Group and Northampton-based new build specialist Grange Mortgage and Protection Services.
Pivotal Growth launched last year as part of £200m joint venture between LSL Property Services and Pollen Street Capital.
Former chairman of LSL, Simon Embley, leads the firm and aims to create a national mortgage adviser led by technology, high quality regulatory compliance and customer service.
Embley said: “I am delighted to welcome The Buy to Let Broker into the Pivotal Growth group. This acquisition will provide us with specialist expertise in the buy-to-let market, further building on our existing specialist broking capabilities.
“Matthew and Matt have built a fantastic business with an excellent reputation, and I am excited to be working with them and their team to continue to deliver first class solutions to landlords.”
Hardman added: “We are without doubt, extremely proud and privileged to be a part of the Pivotal Growth stable. Working alongside likeminded people, who share the same passion, integrity and drive as ourselves has long been our modus operandi and we can honestly say that we have found a united partner to continue to drive the right advice and solutions to landlords UK wide, whilst continuing to scale the business and retaining those core values.
“Collaboration has always been at the heart of everything we do – and we very much look forward to working with Simon and the team at Pivotal.”
