TSB Intermediary sees 78% customer rise

TSB Intermediary sees 78% customer rise




TSB Intermediary has reported that over 32,000 customers used its service in 2016, compared with 18,000 in 2015.

The challenger bank has just entered its third year of business having launched in January 2015 in an attempt to shake up the broker market and stand out from its competitors.

TSB is now looking to launch its new product transfer proposition this year, which will see the lender pay a fee to their brokers.

Roland McCormack, mortgage distribution director at TSB, said 2016 was an incredible year for TSB Intermediary and praised the work of its brokers.


“We’re here for brokers and will continue to do so in the future, which is why we’ll be launching a product transfer proposition – which includes a fee to brokers – by the end of the year.  

“Thank you to all the brokers that have supported and done business with us in the past year and also to the TSB partners that have worked so hard to make TSB Intermediary a success.”

TSB Intermediary provides access to decision makers and when an application is referred to an underwriter, brokers have access to that underwriter to help them understand any additional requirements.

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