The specialist bank’s mortgage products had previously only been available through a select number of master brokers.

Members of SimplyBiz Mortgages now have access to UTB’s decision in principle facility for both first and second charge mortgages, before proceeding to the simple application requirements.

Brokers will also have direct access to SimplyBiz Mortgages’s dedicated underwriting and business development teams throughout the process.

Buster Tolfree, commercial director of mortgages at UTB (pictured above), said that now was the time to develop its distribution to include a direct-to-broker offering.

“SimplyBiz Mortgages is the leading player in the directly authorised mortgage broker sector and its introducer-centric proposition is an excellent fit with our commitment to developing and delivering great first and second charge products with an unbeatable level of service.

“This is an exciting next step for UTB’s mortgage division and we look forward to working closely with SimplyBiz Mortgages and its members to ensure it is a successful partnership for everyone.”

Martin Reynolds, CEO at SimplyBiz Mortgages, said that the multi-product launch with UTB was an excellent opportunity for its members to expand their offering to clients.

“[UTB’s] addition to our second charge panel now makes it a seven direct-to-lender offering, which covers a large percentage of the market.

“Being one of the first distributors to offer the mini-mortgage range is a testament to our objective of always searching out the next opportunity.”