MPowered Mortgages has announced that it has partnered with mortgage and protection network, HLPartnership.

The lender has now grown its network of broker partners with access to its prime residential products by 50% in the last six months, and now has over 8,000 broker partners in total.

HLPartnership will have access to MPowered’s full range of prime residential products which include two, three, five and 10-year fixed rate mortgages, with rates starting from 4.49%. Loans on this range are available up to £1.5m to 85% LTV.

MPowered uses artificial intelligence (AI) to make the mortgage application process quicker and more certain for homebuyers, as well as those looking to remortgage.

Head of intermediary distribution at MPowered, Paul Kane, commented: “We are pleased to be partnering with one of the industry’s largest mortgage networks as part of our drive to increase our foothold in the prime residential mortgage market.

“Particularly throughout this more challenging period, advisers should be spending as much time as possible focusing on offering their customers advice, and understanding their needs. Our MPowered platform can play a large role in supporting advisers as our technology removes the hassle out of the application process for advisers and their clients.”

Commercial director at HLPartnership, Neil Hoare, added: “We are thrilled to be partnering with MPowered and are excited that HLPartnership’s advisers will be able to use MPowered’s advanced technology to offer a smoother and quicker mortgage journey to their customers.

“Customers of our advisers can also look forward to MPowered’s broad product range, including their three and 10-year fixed rate products, which is particularly important at a time when consumers are facing the financial pressures of the cost of living crisis.”

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