Fleet and SimplyBiz team up

Its members will gain access to Fleet’s full range of buy-to-let products, as the lender continues to extend its distribution.

Martin Reynolds, chief executive of SimplyBiz Mortgages, said: “During 2015, we will continue to see the BTL sector grow, with more new entrants to the market.

“Creating a new partnership with Fleet Mortgages will offer our members even greater choice within the BTL sector and offer new avenues for our members to help their clients.

“We look forward to working with them to help develop their proposition further.”

Bob Young, chief executive of Fleet Mortgages, said: “As SimplyBiz Mortgages continues to expand its range of offerings to members, in line with the growing market, we are thrilled to be joining its impressive panel of approved lenders.

“We believe that our different approach to underwriting and how we view the landlord will be especially popular amongst members as they seek alternative options.

“We have always felt that SimplyBiz Mortgages’ comprehensive compliance proposition would offer Fleet Mortgages an excellent avenue in expanding our directly authorised distribution and look forward to working with the team.”