Together+ scheme reaches £1bn pipeline

Together has announced that its Together+ scheme has generated £1bn of applications.

Related topics:  Specialist Lending
Rozi Jones
13th December 2019
Nick Jones
"There’s been a lot of hard work throughout the year to build the proposition and further enhance relationships with key brokers to help them grow their business"

The initiative launched in January to build stronger relationships between the lender and a select group of specialist distributors by providing them with exclusive products, underwriting, sales and marketing support.

Exclusive products included 12-month retained non-regulated residential bridging loans, fixed rate buy-to-let and consumer buy-to-let mortgages, and commercial and semi-commercial bridging products at a monthly rate of 0.85%

The lender also launched two dedicated Together+ underwriting teams and expanded its roving underwriting service and recruited two regional account managers, Paula Purdy and Marylen Edwards dedicated to supporting the Together+ partners.

Nick Jones, Together’s head of specialist distribution, said: “There’s been a lot of hard work throughout the year to build the proposition and further enhance relationships with key brokers to help them grow their business as we grow ours. We’ve focused on a group of firms – many which we’ve worked alongside for some time – and who have clients who are looking for the type of specialist finance products we offer.

“We have provided a bespoke service, including dedicated sales and underwriting teams, as well as marketing support designed to keep our partners and their clients engaged - and this has proved hugely successful.”

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