Published: 10 December 2015 | Author: Bernard Clarke
The CML is delighted to welcome to new two new associates, heylo and eTech.
In recognition of its ongoing relationship with shared ownership mortgage lenders across the country, Heylo Housing (heylo) has chosen to become an associate. Active in more than 50 local authorities, heylo is currently working with 15 lenders that provide shared ownership mortgages to more than 350 heylo customers.
Heylo works with house builders across the country. It is aiming to deliver more than 4,000 new affordable shared ownership properties over the next three years, underpinning more than 20,000 newly built homes.
The chief executive of heylo, Nicholas McAlpine-Lee, said: “We are delighted to become a member and look forward to continued working with this excellent trade body and its lending members.”
Meanwhile, eTech, founded in 2005, is one of the UK’s leading technology partners for lenders and surveying firms seeking to develop more robust property risk management.
eTech Lending and Surveying Services Director Mark Blackwell said: "We offer a new industry standard secure, robust and innovative way of working, employing mobile, hub and integrated platform solutions, and sets out to deliver control, efficiency and more resilient property risk management."
The CML now has 89 associates, as well as 134 members and a further eight members that administer mortgages.