The partnership between Vernon and TMG Club will provide members with access to the lender’s full range of mortgage products.
Vernon Building Society offers bespoke lending solutions to mainstream borrowers, as well as those with more individual requirements, across residential lending, buy-to-let, Buy for Uni and RIO mortgages.
This follows news of the club’s soft launch earlier today, with two further launch phases planned for later in the year.
Brendan Crowshaw, head of mortgage distribution at Vernon Building Society, said: “Vernon is a small but innovative mortgage lender with a common-sense, flexible approach to underwriting and a commitment to brokers.
“TMG Club is an exciting addition to the intermediary mortgage market and it’s obvious the leadership team are passionate about bringing positive change to brokers.
“We can’t wait to help its members find specialist and mainstream solutions for their clients.”
Paul Lewis, managing director of TMG Club, added: “With my building society background I already know the huge value that small mutuals add to the mortgage market.
“Vernon’s ability to make pragmatic lending decisions is more important than ever in the current market and its commitment to broker service is crystal clear.”
