First Mortgage, part of Mortgage Advice Bureau, has acquired Home Loan Services (Glasgow) to enhance its presence in the Scottish housing market.

Home Loan Services (Glasgow) is a new build specialist which has operated for 17 years.

The company will retain its current team, its MAB trading style, and operating model to ensure continuity for housebuilders, sales teams, and homebuyers.

Both firms will remain fully independent, with separate Financial Conduct Authority (FCA) and business registrations.

First Mortgage chief executive Ian McGrail says: “This acquisition represents an important step in strengthening our support for the Scottish new-build market.”

“Home Loan Services (Glasgow) Ltd is a highly respected business with longstanding relationships across Scotland’s major housebuilders, and we’re delighted to welcome them into the business, while ensuring they continue to deliver the same high level of service their partners and customers have come to expect.”

Home Loans Services managing director Harry McGeough says: “We’ve worked closely alongside First Mortgage for many years, and this latest move allows us to build on that relationship.”

“It’s very much business as usual for our partners and customers, with the same team, the same service, and the same focus on delivering for our builder partners – now with the added benefit of greater scale, investment, and long-term security.”