Advantage has today become a sole lender having ceased accepting all new packaging business on behalf of other lenders.
It will now concentrate on developing its own set of products, including its shared ownership offering, Flexishare.
Advantage managing director Keith Dearling says: Today is a landmark day for Advantage. Everyone has worked hard to get to this stage and it is a very exciting time as we look to grow the business.
So far, 23 networks and mortgage clubs have put Advantage on their lender panels a fantastic achievement in such a small space of time. We will now concentrate on developing our lender proposition and will look to make constant improvements to our product range. We will also be expanding our offer to partner with key packagers in the next few months.