The Intermediary Mortgage Lenders Association (IMLA) has appointed Phoebus as an associate member.

As a result of the appointment, IMLA now boasts 69 memberships, comprising 55 full members and 14 associate members.

As a mortgage servicing provider of 35 years, Phoebus works with UK lenders across all sectors to improve the way borrower accounts are serviced.

It provides a single database of information across a lender’s business enabling a single customer view across all departments.

Chief of sales and marketing at Phoebus, Richard Pike, said: "We have been supporters of IMLA for many years and our IMLA membership now cements our relationship with this important force for good in the mortgage market.

"We service mortgages on behalf of several members and so the fit between IMLA and Phoebus is really good. Phoebus’ interaction with other IMLA members will bring valued knowledge and opinions influencing our future strategy and product development."

Executive director at IMLA, Kate Davies, added: "We are very pleased to welcome Phoebus as an associate member of IMLA. Their experience in the market brings valuable insight into the issues facing lenders and an interesting perspective on aspects of the market. We look forward to them joining our discussions and working together to take our industry forward."

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