Specialist BTL network launched

The buy-to-let mortgage packager highlighted that in the last few months, four of the largest buy-to-let lenders have stated that they will only accept applications from FSA regulated brokers, whether on a direct or indirect submission basis. Mortgages for Business said it has been working to find a solution which allows unregulated mortgage brokers to continue to transact buy-to-let business, and has settled on the option of a specialist network. Nick Blunt, head of business partner development at Mortgages for Business, explained: "The solution for many brokers would be to join a large ...