Hanley Economic Building Society has extended its self-build and residential mortgage offerings into Scotland with immediate effect.
The entry into the Scottish market comes after the building society highlighted that self-build was a key area for the business, citing growth on both sides of the border.
Hanley Economic launched a self-build direct to intermediaries proposition earlier this year to provide an additional option for those with self-build clients.
This proposition will also be made available to Scottish intermediaries, alongside an online self-build hub.
The building society said the move into Scotland was to offer intermediaries in the region access to its commonsense approach to lending, which includes no credit scoring and taking each case on its own merit.
“Scotland has a growing property market and extending our reach into Scotland will provide even more choice for a range of borrowers,” said David Lownds, head of marketing and business development at Hanley Economic.
“The society is one of a small number of lenders who support the self-build and renovating market, and we look forward to developing new relationships with mortgage intermediaries in Scotland over the coming months.”
SIGN UP TO OUR NEWSLETTER TO RECEIVE MORE NEWS LIKE THIS STORY
-
British Business Bank UK Network aims to improve funding awareness across UK
The British Business Bank UK Network will help to improve awareness of funding options across the UK by directly approaching business finance professionals...
-
Building with confidence in challenging times
It is difficult to think of a time in the past three decades when the chasm between the interests of UK business and the Palace of Westminster has been more exposed than the Brexit debacle...
-
Real Property Finance passes £100m in deals with Cambridge & Counties Bank
Cambridge & Counties Bank has provided more than £100m of loans for the clients of Real Property Finance (RPF)...
-
Metro Bank reports 48% increase in lending
Metro Bank has reported that its lending increased by 48% in 2018 compared with 2017...
-
Metro Bank appoints Luke Lloyd-Davies to advisory board
Metro Bank has appointed Luke Lloyd-Davies to its advisory board...
-
OakNorth: how some of the entrepreneurs we’ve lent to first got started
For many, the new year brings with it new possibilities and the chance to explore new opportunities...
-
Hanley Economic BS to push self-build offering
Hanley Economic Building Society is set to commence an extensive 2019 self-build campaign as it aims to engage with growing numbers of self-builders...
-
NatWest offers Esme Loans directly to its SME customers
NatWest will now offer Esme Loans products directly to its existing SME customers...
-
OSB appoints new NED
OneSavings Bank has announced that it has appointed Sarah Hedger as a non-executive director, with effect from 1st February...
-
Tandem Bank reaches 500,000 customers
Tandem has announced that it has reached 500,000 customers one year on from being granted a full banking licence...
-
Bank Leumi UK appoints new head
Bank Leumi (UK) has appointed Sarah Ryman (pictured above) as its new head of premier banking and liabilities...