This latest addition means that The Loans Engine will have complete access to Magnet Capital’s development finance products for their thousands of mortgage intermediaries and their clients.

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Steve Nobbs, the unregulated mortgages director at The Loans Engine (pictured above), commented: “This addition represents an exciting new chapter for us, as it opens new opportunities and will have a fantastic impact on our development finance offering.

“We’re always looking for new ways to expand and diversify our offering in an effort to better serve intermediaries.

“We firmly believe that this addition will play a pivotal role in achieving these objectives.”