SimplyBiz Mortgages has appointed Prestige Finance to its direct secured loans panel.
SimplyBiz members now have access to Prestige’s products including prime, large loans, buy-to-let professional and standard.
Martin Reynolds, chief executive of SimplyBiz, said: “This extension of our relationship with the One Savings Bank Group will be welcomed by members as it offers them improved choice.
“We will continue to work with lenders who wish to offer secured loans direct and will enhance our panel in a controlled manner during the summer.”
SimplyBiz launched the secured loans panel in March with Precise Mortgages as its first lender.
Adrian Maloney, sales director at One Savings Bank, said: “We are delighted to be supporting SimplyBiz Mortgages with the launch of their second charge lending panel and further enhancing the wider group relationship with OSB.
“The second charge market is evolving and providing brokers with more choice and control via a direct submission route will complement our existing distribution channel.”