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Together hits lending record and adds two distribution partners

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  • 06/12/2017
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Together hits lending record and adds two distribution partners
Together lent £147.5m in November – its highest ever monthly lending total in 43 years of operation – and has also agreed tie-ins with mortgage club Simply Biz and network Personal Touch.

The total included loans across both its commercial and personal finance businesses and continued its good performance throughout 2017.

The business announced annual lending to 30 June 2017 at close to £1.2bn and a current loan book of more than £2.37bn.

Together CEO of commercial Marc Goldberg (pictured) said: “We look at each case on its own merits and can take a pragmatic and individual view on every lending decision, and that’s what makes us different.

“It’s also a testament to the hard work of our colleagues, who consistently strive to deliver the best outcome for the customer, and have all contributed to helping us achieve these impressive results.”

Personal finance CEO Pete Ball that the business was expecting further growth as it extended its product range and widen its nationwide distribution.

 

Double tie-in

The deal with SimplyBiz Mortgages is the lender’s first with a mortgage club for directly appointed advisers.

SimplyBiz Mortgages and Personal Touch advisers will now have access to Together’s online portal where they can submit cases and get a full decision-in-principle.

SimplyBiz Mortgages CEO Martin Reynolds noted more than 3,900 advisers would be given access to the products.

“Together is firmly established as a leader in the specialist finance sector and we’re really pleased to introduce them to our members,” he said.

Personal Touch head of proposition Vikki Jefferies said: “We’ve added Together to our panel of lenders so that our brokers have access to an even broader range of products and the common sense philosophy that will enable them to assist a wide variety of customers that may not fit the criteria of the mainstream lenders.”

Together group intermediary relationship director Richard Tugwell said the lender was “really pleased” to be working with both SimplyBiz Mortgages and Personal Touch.

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