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Prestige added to SimplyBiz secured loans panel
SimplyBiz Mortgages has revealed that Prestige Finance has become the latest lender to join its secured loans panel.
All SimplyBiz Mortgage members will be able to submit direct to Prestige rather than through its master brokers, as well as having access to the lender’s full range of products.
Prestige joins Precise Mortgages on SimplyBiz’s panel and Martin Reynolds, CEO of SimplyBiz Mortgages, said he was delighted to expand the panel.
“The feedback we have received from members is that they like the choice of submitting direct to lenders, as they do with traditional residential lenders.
“This extension of our relationship with the OneSavings Bank Group will be welcomed by members as it offers them improved choice.
“We will continue to work with lenders who wish to offer secured loans direct and will enhance our panel in a controlled manner during the summer.”
Adrian Moloney, Sales Director at OneSavings Bank, added: “We are delighted to be supporting SimplyBiz Mortgages with the launch of their second charge lending panel and further enhancing the wider group relationship with OSB.
“The second charge market is evolving, and providing brokers with more choice and control via a direct submission route will complement our existing distribution channel.”
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