Trustguard boosts mortgage panel

New additions to its lending panel are Capital Home Loans, Leeds & Holbeck, Mortgage Trust and London Scottish while Trustguard is also in the process of adding Rooftop. They join lenders that include Capital Home Loans, Kensington and Mortgage Express.

“This will take our total mortgage panel to 21 lenders, demonstrating our commitment to sourcing the very best products on the market at any given time,” explains National Sales Manager Sian Brown.

The company has also recruited 4 extra staff to its Secured Loans and Mortgages departments, taking the size of the Trustguard workforce to more than 40.

Sian said, “We are taking on staff at a time when some of our competitors are finding business a lot tougher. Meanwhile, the extra lenders we have taken on have increased our ability to source better products and give a better choice to intermediaries.

Formed in 1994, Trustguard now fully packages for 21 first charge lenders and 10 second charge lenders, as well as offering commercial mortgages to the sub-prime market. It is also a branded partner with GMAC Residential Funding Services Limited.

In 2003/04 Trustguard processed in excess of £500 million worth of mortgage and loan applications, reinforcing its position as one of the largest packaging companies in the UK.