Meridian Mortgages Group has acquired William Lowden & Associates, a Bedfordshire-based mortgage broker specialising in the new build sector.
The group said the addition of William Lowden & Associates would boosts its capacity to support developers as well improve the buyer journey.
Meridian, which is part of the Mortgage Advice Bureau (MAB), also said the deal would increase its national presence and strengthen its ability to deliver expert support to developers and buyers nationwide.
The deal, for an undisclosed amount, follows Meridian delivering over £650m in new build lending during 2024, and Meridian said the acquisition would helped the group surpass £1bn in lending in 2025.
Managing director at Meridian Mortgages, Allan Warren, revealed that the deal for William Lowden & Associates would be the “first of several” strategic moves in 2025.
“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,” Warren said. “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.”
Director at William Lowden & Associates, William Aitken, commented: “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.”
Lender operations manager at MAB, Felicity Barnett, added: “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.”
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