Intermediary-only specialist buy-to-let lender, CHL Mortgages, has announced that it has extended its distribution panel with the addition of SimplyBiz Mortgages.
Since 2004, SimplyBiz has grown to support nearly 4,000 mortgage advisers and was responsible for over £16.4bn of lending during 2020.
Following its return to lending in May this year, CHL has continued to enhance the distribution of its buy-to-let product range, which is available through an array of networks, mortgage clubs, and intermediary brands. Further additions to the lender’s distribution panel are expected to be made over the course of 2021.
Ross Turrell, Commercial Director, CHL Mortgages, commented: “SimplyBiz Mortgages and CHL know each other well and it’s great to be back working with Martin and the excellent team. This is a key addition to our distribution panel and yet another important step in CHL’s relaunch.”
Makayla Everitt, Head of SimplyBiz Mortgages, added: “The addition of CHL Mortgages will be welcome to those of our growing member base who want to support their clients across first-time, portfolio landlords and limited company loans. CHL’s focus on HMOs and MUFBs offers additional choice in a market that is experiencing significant growth, and therefore great interest, amongst our Member Firms and we feel this is a great time to make this introduction.”
