ModaMortgages expands distribution with Mortgage Advice Bureau partnership

Published on

ModaMortgages has been added to Mortgage Advice Bureau’s (MAB) panel.

The move means MAB’s mortgage advisers will now have access to the newly-launched specialist lender’s  range of buy-to-let products.

ModaMortgages’ proposition is available to a variety of landlord types, including those with small or large portfolios, individuals, limited companies, first-time buyers and first-time landlords. It also lends on both houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs).

ModaMortgages distributes exclusively via intermediaries and was created by the UK-based digital challenger bank, Chetwood Bank.

Darrell Walker (pictured), ModaMortgages’ director of sales and distribution, said: “I’m pleased to announce our immediate inclusion on MAB’s lender panel.

“This development provides all their mortgage advisers with access to our proposition. I believe our broker-centric approach will really appeal to brokers who are looking to add real value and will prove to be an immediate success.”

Rachel Geddes

Rachel Geddes, strategic lender relationship director, Mortgage Advice Bureau, added: “We’re excited to be welcoming ModaMortgages to our lenders’ panel.

“We’re always looking to work with lenders who place innovation at the heart of everything they do and support our broker partners to find more solutions for our customers.

“ModaMortgages’ broker-friendly proposition, clear and transparent criteria, and competitive rates will really resonate with brokers looking to meet their customers’ specialist borrowing needs.”

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

Swap rates fall but funding risks remain, warns Moneyfacts

In a week that saw more than 20 lenders reduce their fixed mortgage rates,...

Growing calls for government to overhaul Stamp Duty for FTBs

Mortgage industry figures are urging the government to review stamp duty for first-time buyers...

L&G launches later life lending campaign

L&G has launched a later life lending campaign featuring short documentary-style films highlighting the...

West Brom reduces rates by up to 0.18%

West Brom Building Society has reduced rates across its two-year fixed purchase mortgage range,...

more2life calls for innovation and technology to drive later life lending growth

Later life lender more2life has called on the wider industry to ensure product innovation...

Latest publication

Other news

Swap rates fall but funding risks remain, warns Moneyfacts

In a week that saw more than 20 lenders reduce their fixed mortgage rates,...

Growing calls for government to overhaul Stamp Duty for FTBs

Mortgage industry figures are urging the government to review stamp duty for first-time buyers...

L&G launches later life lending campaign

L&G has launched a later life lending campaign featuring short documentary-style films highlighting the...