Mortgage and protection network HL Partnership has acquired Maidenhead-based AFP Partnership for an undisclosed amount.
AFP Partnership was launched in 1998 and has arranged over £4bn in mortgage for clients during that period.
Figures show that AFP Partnership has around 24 Appointed Representative (AR) firms, with 42 ARs overall.
HL Partnership has around 446 AR firms and 903 ARs overall.
Chris Tanner, HL Partnership’s chief executive, said that the acquisition fits into the network’s strategic growth plans to expand its reach.
Tanner continued: “It is rare to have the opportunity to acquire a business like AFP, which shares so many of the values that HLP has always held, such as fostering close relationships with individual AR firms by keeping short lines of communication and an overriding desire to help AR firms build their businesses in partnership with us.”
“We are excited about adding AFP’s AR firms to our network. I have no doubt they will add significantly to the culture of HLP, which can only benefit all of our members and we look forward to welcoming them on board.”
Mark Banfield, managing director at AFP Partnership, said: “I have been considering my own retirement plans for some time but have waited to find the right partnership. HLP is definitely the best cultural fit for our members.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
