Magellan’s products are aimed at those who have suffered a historical life event such as a divorce which has led to them having an adverse credit rating, preventing them from gaining mainstream funding.
Mark Snape, managing director at Magellan Homeloans, said: “Which? has an enviable reputation as an independent consumer champion and we’re delighted to be making our mortgage products available via their team of independent advisers.”
Mortgage advisers from Which? are paid a salary rather than a commission, while its teams in Bristol and London offer deals from banks and building societies to find the best mortgage.
