Mortgage Broker Tools (MBT) has integrated its MBT Affordability research platform with fintech mortgage lender, Proportunity.

The exclusive integration will allow brokers to see whether their clients could achieve the loan size they want with the help of a shared equity loan of up to £150,000.

This is the first time that MBT Affordability has offered brokers alternative options to meet their client’s required loan size, and MBT suggested the move provides an added element to the level of research carried out by the platform.

MBT Affordability provides brokers with calculations of how much their clients can borrow from a panel of more than 40 residential and 65 buy-to-let (BTL) lenders based on affordability and criteria.

“Our research platform helps brokers to identify the best solution for their clients by showing them options they may not have otherwise considered,” MBT CEO, Tanya Toumadj, commented.

“We’re also on a mission to use our unique data and insights to help reduce the number of enquiries that are considered to be unaffordable and this integration with Proportunity is a great example of that in action.

“By showing the borrowing potential that clients have if they take an alternative approach, we’re making it even easier for brokers to add value and secure the loan size they need.”

Proportunity provides Help to Buy style shared equity loans for owner resident property purchases in England and Wales, boosting client deposits by up to 25% to help them maximise their affordability.

The lender suggested this can enable borrowers to potentially buy higher value properties and pay less per month by accessing a cheaper main mortgage deal at a lower LTV.

“Proportunity helps borrowers to maximise their affordability and can prove a flexible, cheaper alternative to achieve the needed loan size,” the lender’s head of business development, Stefan Valentin Rusu, added.

“This integration with MBT Affordability is very important as it allows brokers to easily see how the two mortgages stack up and how going ahead with a shared equity loan makes sense for their customers.”

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