The Intermediary Mortgage Lenders Association (IMLA) has announced that TSB Bank has joined as the latest member of the trade body.
TSB’s addition means IMLA has now increased its membership to 43 lenders, including all of the UK’s top 10 lenders ranked by gross lending.
TSB follows Legal & General Home Finance, which joined in February and became the first IMLA member focused on the later life lending market.
IMLA executive director, Kate Davies, said: “We are delighted that TSB is joining us at a particularly challenging time for the mortgage market. I have no doubt that they will have much to contribute to the association, both during the current difficulties and as the market works to recover and continue to serve its customers.
“In these unprecedented times, many customers will be turning to intermediaries for guidance and reassurance when making decisions about their mortgages – now more than ever.
“Our growing membership and representation of lenders including banks, building societies and specialists is testament to the importance these businesses place on advisers and the intermediary mortgage market.”
TSB head of mortgage intermediary performance, Beverley Bradford, will act as the company’s representative in IMLA’s Executive Committee meetings.
She added: “I am really pleased TSB has joined IMLA. We’re all operating in very unusual circumstances and so we look forward to working alongside IMLA and its members to share knowledge and expertise, both now and in the future.”
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