The Mortgage Times Group sets up Classic Homeloans

Intermediaries will have the opportunity to take advantage of Classic Homeloans range of niche products, with the ability for Mortgage Times to produce offers in house. The edition to its branded lender panel will bring the total number of lenders to 19 making it one of the largest panels in the market. The Mortgage Times Group also offers an extensive mortgage club which consists of over 30 panel lenders that can be accessed direct via its submission process.

Rooftop Mortgages Ltd was established in 2003 to offer non-conforming residential mortgages to UK borrowers, distributed through its panel of specialist packagers. Leading investment bank, Bear Stearns International Ltd, provides funding lines and structured finance services to Rooftop.

Christopher May, Director at The Mortgage Times Group comments: “The appointment of Classic Homeloans to our Branded Lender Panel will give intermediaries access to a great range of products and services and it is yet another welcomed edition to our growing branded lending programme. We have been in talks with Rooftop Mortgages for sometime now and are pleased to welcome them to our organisation”.