Mortgage Alliance, the Scottish Mutual and Scottish Provident Mortgage Club, has signed up over 2,500 members and placed over £1.5bn with mortgage lenders since launching two years ago.
The Alliance, which was set up in March 2000 by Scottish Mutual, has also linked up with Bristol & West, Cheltenham & Gloucester and Mortgage Express.
Mark Evans, national mortgage manager, says: “Mortgage Alliance is growing at a fantastic rate. We now have over 2,500 members registered and the business is growing every month. Last month our members placed over £150m in mortgage business. In the first half of 2002 the number of members had doubled and business trebled, confirming that Mortgage Alliance has established itself as a serious player in this market.”