TSB opens up to broker market

From today, TSB mortgages will be available through mortgage brokers across Britain through TSB Intermediary - the next step in the Bank's growth strategy which aims to ‘shake up’ the broker market.

Related topics:  Mortgages
Rozi Jones
19th January 2015
tsb

TSB has recruited more than 200 people in the past six months and invested in 24 local relationship managers to provide support to brokers.

Following a pilot last month with London & Country, TSB now offers its products through Sesame, Intrinsic, LSL, L&G Mortgage Club, Connells, PTFS, Mortgage Advice Bureau, Mortgage Intelligence and Tenet.

Products available through TSB Intermediary will mirror those on offer in TSB branches.

Roland McCormack, TSB’s Mortgage Intermediary Director, said:

“TSB was born to bring competition to the market and we will be a substantial intermediary player. We’re dedicated to providing a great service to brokers and competitive mortgages for their customers. However, service is our number one priority and we aren’t prepared to sacrifice for volume which is why we’re looking to grow organically.  

“You can copy systems but you can’t replicate people. This is why we have built an intermediary business with the focus on recruiting experts who care about providing a stand out service to brokers. In doing so, we will provide mortgage brokers with the tools they need to help people buy their homes – making the process, from start to finish, as simple and transparent as possible.”

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