One Mortgage System (OMS) has launched a new partnership with MT Finance to become the origination platform partner for its buy-to-let (BTL) proposition.
The move will provide MT Finance with the platform to host a range of advanced tools and customisable solutions, which will enable the specialist lender to deliver a more efficient lending process for its intermediary partners and their landlord clients.
MT Finance’s BTL range, which incorporates ICR stress testing from 125%, will accept applications from trading companies, first-time buyers, first-time landlords and those with adverse credit.
OMS managing director, Neal Jannels, commented that MT Finance is a lender guided by a “streamlined process”, “hands-on service values”, and a “flexible approach”.
“Its BTL mortgage products are tailored to suit,” Jannels added. “As such, it was important to be able to incorporate these attributes into the platform and we are delighted to have delivered an offering which will hopefully prove to be the foundation of a long and fruitful working relationship.”
Deputy CEO at MT Finance, Gareth Lewis, added: “We are excited to partner with OMS for our BTL origination platform. This is part of our continued commitment to supporting our broker community and we believe this will help bolster our BTL proposition and what we can offer both brokers and their clients.
“Neal’s team at OMS have worked very hard to provide us with something that reflects our values, and this will help us build on what we have already achieved. We are looking forward to what’s next for the department.”
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