First Mortgage, one of the UK’s leading mortgage intermediaries and part of the award-winning Mortgage Advice Bureau (MAB) Group, has acquired Home Loan Services (Glasgow) Ltd to further enhance its presence in the Scottish housing market.
Home Loan Services (Glasgow) Ltd, a highly respected new build specialist which has operated for 17 years, will retain its current team, its MAB trading style, and operating model to ensure continuity for housebuilders, sales teams, and homebuyers.
Both firms will remain fully independent, with separate FCA and business registrations, preserving broker choice across the Scottish new build market.
The lender says the acquisition reinforces First Mortgage’s commitment to the new build sector, combining the scale and expertise of both businesses to enhance insight, capability, and resilience.
The deal reflects ongoing investment in the new build market, a key strategic priority for the MAB Group.
“This acquisition represents an important step in strengthening our support for the Scottish new-build market,” said Ian McGrail, CEO, First Mortgage.
“Home Loan Services (Glasgow) Ltd is a highly respected business with longstanding relationships across Scotland’s major housebuilders, and we’re delighted to welcome them into the business, while ensuring they continue to deliver the same high level of service their partners and customers have come to expect.”

