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Midshires&#39 specialist loan move

Halifax-owned Birmingham Midshires is setting up a new intermediary lending brand – Birmingham Midshires Solutions – this month.

The move brings together the two broker brands of Birmingham Midshires Mortgage Services and Halifax Mortgage Services under one banner and will focus on specialist loans including buy-to-let and self-certification products. It will include a new range of specialised and mainstream loans.

Midshires says it expects specialist mortgages to account for more than 50 per cent of its lending within two years.

The new brand will sell mortgages through Midshires&#39 67 branches, with referrals from Halifax&#39s branch network and through intermediaries.

Midshires managing director Ian Kerr says: “By combining our existing intermediary businesses into one and broadening our product range to include both mainstream and specialist mortgages we will have a unique role within the Halifax group.”

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