New Street unveils Mortgage Advice Bureau tie-up

New Street Mortgages has announced a new distribution partnership with Mortgage Advice Bureau (MAB).

Under the agreement, all of MAB’s members now have access to New Street’s buy-to-let product range.

This will extend the recently launched lending brand’s digitally focused and streamlined mortgage service to a further 800 brokers.

New Street’s decision to partner with MAB follows the brand’s launch into the buy-to-let sector in February.

The lending brand initially launched with three distribution partners London & Country, John Charcol and the LSL mortgage networks of Pink and First Complete.

It then extended another agreement to Legal & General Mortgage Club last month.

David Finlay, distribution director, Northview Group, said: “New Street Mortgages is continuing to attract intermediaries and distributors alike.

“Our modern, analytics-driven approach is already delivering fast decisions, offers and completions for brokers and the partnership with MAB promises to be an exciting move as the brand continues to attract growing mainstream market attention.”

Brian Murphy, MAB head of lending, said: “MAB is confident that the addition of New Street’s unique proposition will be well received by our advisers.

“The brand’s focus on better addressing the needs of our customers through the use of technology is what initially prompted MAB to engage with New Street.”