ModaMortgages now live on Iress

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Iress has announced that ModaMortgages is now live on Xplan Mortgage and Trigold.

This takes the number of buy-to-let lenders available on Iress’ sourcing platforms to 83.

Products from ModaMortgages, the specialist buy-to-let provider from UK digital challenger bank Chetwood Bank, are available exclusively via intermediaries.

Its buy-to-let range caters for a variety of landlords, including those with small or large portfolios, individuals, limited companies, first-time buyers and first-time landlords. It also lends on houses in multiple occupation (HMOs) and multi-unit freehold blocks (MUFBs).

Louise Sarsby, Iress’s head of providers and lenders, said: “There is no one-size-fits-all when it comes to buy-to-let, so adding ModaMortgages to our already extensive range of specialist lenders is great news for brokers looking to meet clients’ individual needs.

“ModaMortgages’ vision aligns well with our own, and we’re pleased to be able to distribute their products nationwide through our market-leading mortgage sourcing software.”

Darrell Walker, ModaMortgages’ director of sales and distribution, added: “As the home of smarter, faster, and simpler buy-to-let borrowing, it’s essential that brokers can view our products as quickly and easily as possible. Iress’s innovative software systems give them the ability to do just that.”

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