Nationwide and Portman join Mortgage 2000

The club was formed in 1996 and there are now 25 lenders on the panel.

Sean Hornsby, director of Mortgage 2000, said: "These two new additions to our panel of lenders offer intermediaries even more choice and more competitive rates for their clients. The beauty of mortgage clubs is that they allow intermediaries to deal direct and retain control with lenders while allowing them to take advantage of the enhanced procuration fees available."