Mortgage Brain has announced that Market Financial Solutions (MFS) has gone live on its Criteria Brain platform to improve access to loans for complex clients.
Formerly Criteria Hub, Criteria Brain, is used by advisers and brokers to source lenders based on a borrower’s particular needs and circumstances.
Specialist lender MFS provides both bridging loans and buy-to-let (BTL) mortgages, suitable for clients in complex situations, as well as corporate or overseas structures, including offshore companies, trusts and foreign nationals.
The lender’s listing on Criteria Brain follows a recent study of 100 brokers, carried out by Mercantile Trust, which found that 55% had said they regularly come across difficulties when trying to find a solution for first-time landlords, while 50% stated that adverse credit posed problems for BTL applicants.
MFS chief mortgage officer, Mike Cook, commented: “We’re proud of the fact that we will take on cases that are too complicated for many other lenders. Our experienced underwriters take an innovative approach to navigating the challenges each deal presents, always going the extra mile to ensure the best outcome for the borrower.
“We are excited to be working with Criteria Brain to ensure greater access to our products. It’s a great platform for brokers, and we’re confident that by adding our BTL mortgages to the available products we will better serve those more complicated corners of the market that are too often neglected by other lenders.”
Mortgage Brain sales and marketing director, Neil Wyatt, added: “Speed and flexibility are vital for brokers. That’s why we’re always looking to expand our platform and provide a greater range of lenders that can deliver the right product for the borrower in a timely manner.
“It is great to have MFS join Criteria Brain. There is a real need for more specialist lenders able to handle complex cases at present, so this will be a positive development for the brokers we work with.”
Latest News
Perenna and the long-term fixed mortgage market
Content editor, Dan McGrath, spoke to head of product, proposition and distribution at Perenna, John Davison, to explore the long-term fixed mortgage market, the role that Perenna plays in this sector and the impact of the recent Autumn Budget
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories