Castle Trust Bank has joined the Mortgage Market Alliance as a founder member.

The MMA launched last year to provide a collaborative voice for the mortgage industry in promoting the availability of lending and the value of professional advice.

The Alliance focuses on communicating to customers that the mortgage market is open for business, has a strong appetite to lend, is increasing its reach and is highly competitive.

It also encourages consumers to seek professional, independent advice as the best way to access the most appropriate options for their circumstances.

Castle Trust Bank offers loans for a variety of investments, including holiday lets, HMOs, portfolio loans and property refurbishment. The specialist lender launched in 2012 and became a bank in 2020.

Castle Trust Bank managing director Barry Searle says: “As a specialist mortgage lender and a bank, we know how important it is to maintain a focus on customers in everything that we do, and this includes playing our part in helping to increase awareness about the various lending opportunities available to them. Joining the Mortgage Market Alliance gives us a great opportunity to do this and contribute to a proactive and sustained campaign of customer education.”

Mortgage Market Alliance director Rob Griffiths says: “Property investors play an important role in meeting the housing needs of the country and the flexible solutions that enable them to do this are a key part of the diverse range of mortgage options available to customers. We’re really pleased to welcome Castle Trust Bank to the Mortgage Market Alliance and look forward to working with them on raising awareness and understanding amongst customers about the lending options available to them and the value of professional advice.”