Fairstone has taken a majority stake in Wokingham-based Allensons Mortgage Advisors, bringing in recurring revenues of £700,000, more than 5,000 clients and 13 staff.
Allensons will rebrand as Fairstone Mortgage Solutions, with the firm's principal Paul Cleveland (pictured) retaining a significant shareholding alongside Fairstone.
Allensons specialises in mortgages and protection, with expertise in advising on mortgages for new builds.
The company offers personal advice to its clients covering new homes, first time buyers, buy-to-let, help to buy and property related insurance.
Cleveland said: "The synergies between our companies will be beneficial for both our clients and our staff. The business is at the cutting edge of modern financial services and is the right partner to help us grow and develop our service."
Fairstone chief executive Lee Hartley said: "Allensons is an incredibly well-regarded firm in its sector, with many of Britain's leading housebuilders recommending the company year after year for their expertise in the new build market."
The purchase marks Fairstone's fifth of 2018, including the acquisition of Harefield-based IFA Robert Goodman Associates in July.
Earlier this month, former Intrinsic director Adam Smith joined Fairstone as chief operating officer.
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