MT Finance has launched a new buy-to-let (BTL) product criteria on Knowledge Bank. The move marks the first time that MT Finance has offered BTL mortgages and brokers will be able to use Knowledge Bank to drill down into specific criteria conditions and wording to ensure that their clients qualify.

Saffron for Intermediaries has launched a campaign to help and support its broker partners to get more self-employed mortgage applications approved the first time around. Since 2020, self-employed workers have seen increasing challenges when applying for a mortgage and Saffron suggested the “one size fits all” approach of the larger lenders has posed challenges for more complex cases.

Alternative Bridging Corporation has announced the recruitment of James McDonough to strengthen its sales team for the North of England and Scotland. McDonough has financial services experience dating back to 2015 and has previously worked as a broker as well as for providers, most recently working as a BDM for Hope Capital. He will report into the firm’s head of sales northern division, Paul Gavin, to support brokers in the region in finding solutions for their clients who require bridging, development or commercial finance secured on property as a first or second charge.

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