The acquisition will enhance Meridian Mortgages Group’s “strong proposition in the new-build market”.
The firm explained that the addition of William Lowden & Associates will boost Meridian Mortgage Group’s “capacity to support developers, improve the buyer journey, and reinforce its position as a leading broker for new-build mortgages across the UK”.
Meridian Mortgages Group said the expansion was also a “significant increase” in its national presence and will bolster its ability to deliver support to developers and buyers.
The firm recently celebrated its 25th anniversary and delivered over £650m in new-build lending during 2024.
Meridian Mortgages Group noted that the acquisition would take its new-build lending to over £1bn in 2024.
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Allan Warren, managing director at Meridian Mortgages, said: “All of us at Meridian are delighted to welcome William Lowden & Associates to the group. This partnership goes beyond growth – it reflects shared values, a mutual dedication to customer service, and a combined expertise that’s second to none in the industry.
“It’s the first of several exciting strategic moves we have planned for 2025, as we continue to build smart, sustainable growth through people, partnerships, and service excellence.”
William Aitken, director at William Lowden & Associates, added: “We’re genuinely excited about the opportunities this creates for our business. With the support of Meridian and MAB, plus access to powerful technology and wider resources, we’re well-placed to take our offering to the next level and deliver even more value to our clients.”
Felicity Barnett, lender operations manager at MAB, commented: “Meridian’s latest acquisition aligns with MAB’s commitment to growth in the new-build space. It strengthens our market-leading position and will help even more customers achieve their homeownership goals through expert advice and innovative solutions.”
