MPowered Mortgages’ product offering comes alongside the in-house platform, MPowered, which aims to drive automation and innovation across the mortgage application process. The Right Mortgage advisers will gain access to the system which enables cases to be submitted with a simple document upload and a streamlined application process.
Members will also be able to advise on the lender’s buy-to-let range which includes two and five-year fixed products available up to 80 per cent loan to value (LTV).
The lender offers free valuations and lends on homes in multiple occupancy (HMO) and ex-local authority flats up to 70 per cent LTV. With regards to county court judgments (CCJs), it allows one satisfied up to £250 in last three years. Additionally, any defaults over two years will be ignored.
Emma Hollingworth, distribution director at MPowered Mortgages, said: “We’re looking forward to working with The Right Mortgage and Protection Network, and continuing to build a strong relationship with their network members, who can access our full product range focused on making the mortgage application process even smoother for everyone.
“Our data-driven AI-powered technology will ensure that brokers spend less time working on data and more time advising clients and bringing in new business.”
Anita White (pictured) head of provider relationships, at The Right Mortgage & Protection Network said: “We’re very pleased to welcome MPowered Mortgages to our panel. The launch of a new lender is always exciting.
“In today’s busy climate, advisers need tech-driven solutions that are going to give them time back to focus more on their clients – which is exactly what the MPowered proposition will provide them.”
