TMB has stepped in to help packagers affected by the closure of Victoria Mortgages announced today.
The lender has set up a special hotline – 0845 124 1320 – and will give priority to packagers affected by the Victoria Mortgages closure.
TMB is also offering Victoria Mortgages an open initiation to work closely with TMB to alleviate the impact on its packagers.
TMB had previously announced a series of moves to support packagers affected by Infinity Mortgages’ temporary withdrawal from the market.
TMB’s managing director Nigel Payne says: “As a balance sheet lender, with a very good track record for service, we are in a good position to help packagers affected by today’s news. We are genuinely sorry to see Victoria Mortgages in this predicament. Nobody likes to see jobs and livelihoods under threat. Victoria Mortgages has an open invite to get in contact with TMB so that we can work closely together to reduce the impact on packagers.”