ModaMortgages has secured a new distribution agreement with Mortgage Intelligence, giving the network’s nearly 500 appointed representatives access to the lender’s range of buy-to-let products.
The partnership comes less than a year after ModaMortgages entered the market, positioning itself as a lender focused on simplifying the borrowing process for landlords and brokers.
Its range is available to individual landlords, limited companies, portfolio holders, first-time buyers and first-time landlords.
The lender also offers free valuations across all products, including for HMOs and multi-unit freehold blocks.
Mortgage Intelligence, which has been supporting advisers for more than 25 years, described ModaMortgages’ arrival as a timely addition to the market.
Roger Morris (pictured), group distribution director for ModaMortgages and CHL Mortgages for Intermediaries, said: “We’re thrilled to seal this partnership with Mortgage Intelligence. We can’t wait to start working with them and demonstrate to their appointed representatives why we’re the home of smarter, faster, simpler buy-to-let borrowing.”
Graham Wood, head of products and partnerships at Mortgage Intelligence, added: “We’re delighted to welcome ModaMortgages to our network. Their welcome arrival this year was a breath of fresh air into a market looking for a new way to place buy-to-let cases.
“This partnership marks an exciting step forward, and we look forward to the value it will bring to our appointed representatives and their clients.”