ModaMortgages has been added to Mortgage Advice Bureau’s (MAB) panel.
The move means that MAB’s mortgage advisers will now have access to the newly launched lender’s range of buy-to-let (BTL) products.
The offering is open to a variety of landlord types, including those with small or large portfolios, individuals, limited companies, first-time buyers and first-time landlords. It also lends on both HMOs and MUFBs.
ModaMortgages distributes exclusively via intermediaries and was created by the UK-based digital challenger bank, Chetwood Bank.
Director of sales and distribution at ModaMortgages, Darrell Walker, said: "I’m pleased to announce our immediate inclusion on MAB’s lender panel.
"This development provides all their mortgage advisers with access to our proposition. I believe our broker-centric approach will really appeal to brokers who are looking to add real value and will prove to be an immediate success."
Strategic lender relationship director at MAB, Rachel Geddes, added: "We’re excited to be welcoming ModaMortgages to our lenders’ panel.
"We’re always looking to work with lenders who place innovation at the heart of everything they do and support our broker partners to find more solutions for our customers. ModaMortgages’ broker-friendly proposition, clear and transparent criteria, and competitive rates will really resonate with brokers looking to meet their customers’ specialist borrowing needs."
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