Phoebus works with UK lenders across all sectors, servicing borrower accounts. It provides a single database of information across the whole of a lender’s business.

The business will be represented at Imla by Richard Pike, chief of sales and marketing at Phoebus, who is well known to many in the mortgage industry.

Pike says: “We have been supporters of Imla for many years and our Imla membership now cements our relationship with this important force for good in the mortgage market. We service mortgages on behalf of several members and so the fit between Imla and Phoebus is really good. Phoebus’ interaction with other Imla members will bring valued knowledge and opinions influencing our future strategy and product development.”

The trade body now has a total of 69 full and associate members, including banks, building societies, non-bank lenders and mortgage service providers.

Of these members, 55 are full members and 14 are associate members.

Imla executive director Kate Davies says: “We are very pleased to welcome Phoebus as an associate member of Imla. Their experience in the market brings valuable insight into the issues facing lenders and an interesting perspective on aspects of the market. We look forward to them joining our discussions and working together to take our industry forward.”