Magellan Homeloans has joined the Black Book Finance lender panel.
Black Book Finance launched in November last year and assists brokers with both mortgages and seconds; commercial and development deals as well as asset and invoice finance and specialist wrap services for new and existing landlords.
Black Book Finance will offer a packaging service for Magellan’s full range of complex-prime and credit repair products.
Jason Neale, sales director at Magellan Homeloans, said: “Black Book Finance offers a concierge style solution for intermediaries and we’re delighted to have forged this link with them. We’re looking forward to working with them and their brokers over the coming months.”
Michael Clapper (pictured), former founder and chief executive of Enterprise Group and founder and executive chairman of Black Book Finance, added: “Product diversification is now more essential than ever.
“When it comes to specialist mortgages, Magellan is a crucial addition to our packaged lender panel.
“They are keen to lend and offer a competitive and sensible approach to cases that might otherwise have been declined just because ‘the computer says no’.
“All of us at Black Book are looking forward to working closely with the team at Magellan.”