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 servic...
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