Mortgage 1st, a brokerage based in North Derbyshire has announced the official launch of a specialist lending brand to keep up with unpredictable market conditions.

Specialist 1st will be an appointed representative of Connect for Intermediaries (Subject to FCA approval) and will have access to their extensive lender panel.

The new brand is designed to advise directly on complex buy-to-let, adverse credit, second charge lending, commercial purchases, development finance and bridging finance and will see the appointment of an experienced specialist adviser as well as a number of Mortgage 1st advisers becoming dual authorised under the new brand.

Jon Stones, managing director of Mortgage 1st, said: “We always planned to establish a specialist arm under Mortgage 1st & after closely following market trends and conditions, this became a very sensible move to make as we enter 2024.

“As a company we are determined to keep moving forward, enhancing our service and overall offering to Mortgage 1st customers whilst providing our advisers the opportunity to enhance their own skillsets. Advisers need a comprehensive suite of lending solutions to keep up with the ever changing market and customer demand and this move will enable us to help far more clients directly.

“Connect have an excellent reputation within this sector, extensive lender panel and have been wonderful to deal with as we begin building Specialist 1st. Their close relationship with Stonebridge also made them the ideal choice for us & we are excited to be working closely with Liz, Kevin and the entire team at Connect.”

Kevin Thomson, Sales Director of Connect for Intermediaries added: “ We are delighted to be working with Specialist 1st as they embark on their diversification into the specialist mortgage markets. We look forward to supporting the whole team at Specialist 1st and being with them every step of the way so they can achieve their growth ambitions.”

Specialist 1st will be headed up by Mortgage 1st’s Head of Partnerships Paul Lewis.

Mortgage 1st supports the marketing and economic growth of the town through Chesterfield Champions, a network of over 200 organisations across Chesterfield and North Derbyshire.