Mortgage Brain has partnered with the recently launched firm, ModaMortgages, to allow its intermediaries to access the lender’s buy-to-let (BTL) mortgage range.
ModaMortgages, which was created by Chetwood Bank, aims to provide "smarter, faster, simpler" BTL mortgages.
It offers products to a variety of landlords, including small or large portfolios, limited companies, individuals, first-time buyers and first-time landlords. ModaMortgages also lends on HMOs and MUFBs.
Benefits for intermediaries as a result of the partnership include access to ModaMortgaes’ two- and five-year fixed rate products, the ability to search and compare up to six different criteria categories simultaneously and tailor searches by flagging critical or deal-breaker criteria.
The firm said that joining Sourcing Brain and Criteria Brain will help ModaMortgages cater to a "growing interest in property investment".
Mortgage Brain’s platforms are utilised by over 15,000 intermediaries in the UK.
Director of sales and distribution at ModaMortgages, Darrell Walker, said: "Intermediaries using these platforms can have complete confidence that our product range is always up-to-date, so that they can provide their clients with more certainty earlier in their mortgage search. This not only helps secure the deal faster but also simplifies the process, something we’re passionate about at ModaMortgages where smarter, faster, simpler mortgages are our focus.
"Given the speed and accuracy of Mortgage Brain’s tried and tested platforms, and the fact that they’re used by over 15,000 intermediaries, adding our products to Sourcing Brain and Criteria Brain was a no-brainer."
Sales and marketing director at Mortgage Brain, Neil Wyatt, added: "We’re delighted to team up with a lender who echoes our own vision of making mortgage distribution quicker and seamless for intermediaries with the most up-to-date technology. We’re excited about the opportunities ahead."
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