CHL Mortgages has announced the addition of SimplyBiz Mortgages to its distribution panel.
SimplyBiz Mortgages currently supports almost 4,000 mortgage advisers responsible for over £16.4bn of lending during 2020.
CHL made its return to new lending earlier this year after 13 years, and the specialist buy-to-let (BTL) lender is continuing to enhance the distribution of its BTL product range through networks, mortgage clubs, and intermediary brands.
The intermediary-only lender is expected to make further additions to its distribution panel over the course of 2021.
CHL commercial director, Ross Turrell, 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.”
Head of SimplyBiz Mortgages, Makayla Everitt, added: “The addition of CHL 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.”
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