MBT Affordability being used by 3,000 new brokers

Published on

Over 3,000 new advisers now have access to MBT Affordability through their mortgage clubs and networks, after a series of agreements with Mortgage Broker Tools.

Members of New Leaf, Paradigm Mortgage Services, Tenet and Sense all now have access to MBT Affordability, which provides brokers with a single eligibility calculator based on affordability and criteria for more than 40 residential and 65 buy-to-let mortgage lenders.

As well as these new partnerships, Mortgage Broker Tools has also announced that MBT Affordability has surpassed 10 million searches to date, carrying out research on mortgage cases worth over £80 billion.

Tanya Toumadj (pictured), CEO at Mortgage Broker Tools, said: “These new partnerships will make it even easier for brokers to access the most extensive and reliable affordability research available in the market. It’s clear that affordability is just as important as criteria and rate sourcing for brokers in finding the most suitable lender for their clients, and the extraordinary growth of MBT Affordability over the last year shows just how many intermediaries are turning to market leading technology to make it quicker and easier to make better recommendations.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Atom bank cuts Prime mortgage rates by 15bps across full range

Atom bank has reduced rates across its Prime mortgage range by 15bps, with changes...

The Dudley cuts rates across residential, buy-to-let and expat ranges

Dudley Building Society has reduced rates across its residential, buy-to-let and expat mortgage products,...

Stamp Duty burden soars as tax threshold remains frozen at 2006 level

The Stamp Duty threshold at which homebuyers begin paying tax has remained unchanged since...

Gatehouse launches limited-edition HPPs and cuts selected BTL rates

Gatehouse Bank has introduced a range of limited-edition Home Purchase Plan and buy-to-let products...

Zephyr Homeloans reduces buy-to-let fixed rates by 15bps

Zephyr Homeloans has reduced all fixed rates across its buy-to-let mortgage range by 15bps,...

Latest publication

Other news

Atom bank cuts Prime mortgage rates by 15bps across full range

Atom bank has reduced rates across its Prime mortgage range by 15bps, with changes...

The Dudley cuts rates across residential, buy-to-let and expat ranges

Dudley Building Society has reduced rates across its residential, buy-to-let and expat mortgage products,...

Stamp Duty burden soars as tax threshold remains frozen at 2006 level

The Stamp Duty threshold at which homebuyers begin paying tax has remained unchanged since...