MCI expands lender panel

Published on

MCI Mortgage Club has announced the addition of both Kensington and New Street to its lender panel.

The lenders are both brands of The Northview Group.

Phil Whitehouse (pictured), managing director of MCI Mortgage Club, said: “I am delighted to be working with Kensington and New Street to offer their range of residential and buy-to-let products to MCI’s growing broker membership.

“Kensington is a hugely respected brand within the market and has some very interesting criteria benefits in the self-employed and contractor sectors – where innovative, flexible products are in high demand. Its sensible approach to underwriting is also to be applauded, with policies such as ignoring mobile phone defaults.

“New Street’s range of buy-to-let and let-to-buy products are competitively priced, and will give our members even greater choice when placing cases at what is a somewhat challenging time for the buy-to-let market.”

Steve Griffiths, director of sales and distribution at The Northview Group, added: “MCI Mortgage Club is a new partner for The Northview Group and we are keen to develop this relationship with the Club and its members through both our Kensington and New Street ranges.

“Kensington can provide more opportunities for members, with a lending for real life approach and experienced underwriters that make decisions based on the specific, individual circumstances of each customer.

“New Street is a modern mortgage experience with faster decisions, high LTVs, intelligent credit criteria and rates from just 1.59%.”

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

Generation X faces retirement squeeze with smaller pensions than parents

Generation X risks becoming the first cohort to retire with less financial security than...

Leasehold reforms stall as sector warns of ‘real-world consequences’

The government is under mounting pressure to accelerate leasehold reform as the body representing...

Zoopla warns cost pressures mean housing targets are at risk

The government’s flagship target to deliver 1.5m new homes over the next five years...

UTB cuts bridging loan minimum and lowers regulated rates

United Trust Bank has unveiled a package of bridging loan changes aimed at making...

More2life urges FCA to act on later life mortgage barriers

More2life has welcomed the Financial Conduct Authority’s recognition of later life lending as a...

Latest publication

Other news

Generation X faces retirement squeeze with smaller pensions than parents

Generation X risks becoming the first cohort to retire with less financial security than...

Leasehold reforms stall as sector warns of ‘real-world consequences’

The government is under mounting pressure to accelerate leasehold reform as the body representing...

Zoopla warns cost pressures mean housing targets are at risk

The government’s flagship target to deliver 1.5m new homes over the next five years...