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.”

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