Lifeline offered to TMO brokers

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Mortgages for Business has offered a lifeline to brokers who have pipeline cases with The Mortgage Operation (TMO), which has gone into administration.

The firm says it can help provide brokers with a quick turnaround on deals following the collapse of TMO. Nick Blunt, head of business partner development at Mortgages for Business, says: “We are in a unique position in that we are the sole distributor for Keystone Mortgages which allows for some complicated lending criteria.” He says Keystone can consider lending on live work properties, flats above commercial premises and other specialist needs. The firm has also teamed up with Goldsmith Williams solicitors to ensure a seven day turnaround for conveyancing services. The firm offer...

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