Bluestone Mortgages has today announced its latest distribution expansion, partnering with network and mortgage club Mortgage Intelligence. The new partnership will see Bluestone Mortgages’ products and solutions on offer to all network appointed representatives and directly authorised mortgage club members.
Bluestone’s collaboration with Mortgage Intelligence is the latest in a number of distribution agreements since its pilot launch into the UK specialist lending market in October 2015.
Matt Andrews, Managing Director, Bluestone Mortgages, commented:
“We are very pleased to announce another successful distribution partnership, this time collaborating with Mortgage Intelligence. We value finding suitably qualified partners through whom we can expand our product and service offering and Mortgage Intelligence was a natural choice. With this latest partnership, we intend to build on our collaborative relationship with brokers, which will help us shape and develop our business, in readiness for a full market launch to help close the gap of UK consumers who are currently underserved by mainstream lenders”.
Sally Laker, Managing Director, Mortgage Intelligence, commented:
“We are excited to be welcoming Bluestone Mortgages to our ever expanding panel of lenders. As a company that’s committed to meeting the needs of our members and their clients, the decision to add Bluestone Mortgages, a specialist lender that prides itself on innovation and transparency, was a natural one.”
Notes to editors:
About Bluestone Mortgages
Bluestone Mortgages is a specialist lender, passionate about helping customers who are underserved by the UK high street banks. Providing innovative, affordable mortgage solutions, delivered with a straight talking, transparent and honest approach.
Bluestone Mortgages is part of the Bluestone Group which was founded in 2000. Bluestone is fast growing multinational financial services business with offices in the UK, Ireland and Australasia.
The business is owned by a mix of private and institutional shareholders including LDC, Australia’s Macquarie Bank and the management team.
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About Mortgage Intelligence Holdings: Mortgage Intelligence Holdings was acquired by Countrywide in April 2011, the UK’s largest mortgage broker and property services Group. The following brands operate under Mortgage Intelligence Holdings.
Mortgage Intelligence and Mortgage Next: Established in 1996, Mortgage Intelligence, which merged with Mortgage Next in 2009, has become one of the UK’s leading mortgage networks. They offer award winning mortgage and insurance services to over 400 appointed representatives. Both networks focus on high quality of service and support offered to their intermediaries.
FYB Network: Mortgage Intelligence Holdings acquired Life and Easy trading as FYB Network in September 2012. FYB’s brand joined Mortgage Intelligence and Mortgage Next brands under the umbrella of Mortgage Intelligence Holdings Ltd. They offer both mortgages and insurance services. They were originally founded in 2004 and became a fully authorised network in May 2007.
Next Intelligence: Next Intelligence launched as a new brand in April 2011, bringing together Mortgage Intelligence and Mortgage Next’s directly authorised clubs which were both established in 1996. They offer premium brokers services to over 3500 mortgage intermediaries including mortgages, general insurance and a new protection panel which was launched in September 2011.
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