CHL Mortgages expands its distribution panel with MAB


CHL Mortgages has expanded its distribution with the addition of Mortgage Advice Bureau (MAB) to its panel.

CHL Mortgages returned to credit earlier this year with a product line open to individual and portfolio owners as well as limited companies.

The range covers different types of properties, including multiple occupancy houses (HMOs), multi-unit freehold buildings (MUFBs), new construction, old local authorities and properties above or adjacent to commercial sites.

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The lender will also take minor inconvenience into account and may accept first-time homeowners on certain products.

Ross Turrell, Commercial Director of CHL Mortgages, said: “Our initial launch has already exceeded our expectations in terms of the volume of business and the quality of the cases received. Our appointment by MAB will therefore add to this encouraging start for the company.

“We look forward to working with the many MAB companies in England and Wales in the weeks, months and years to come. “

Peter Brodnicki, Managing Director of MAB, added: “We are delighted to welcome CHL Mortgages to us and to offer even more choices to our 1,600 advisors.

“CHL has a fantastic product line and we look forward to working closely with them. “

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