Mortgage Broker Tools partners with HLP

Published on

Mortgage Broker Tools (MBT) has joined with HL Partnership to provide its members with a free three-month trial of MBT Affordability, followed by discounted pricing to access the platform.

MBT Affordability gives brokers access to the affordability calculations of more than 40 lenders from a single form. HL Partnership members can access the free trial of the platform with immediate effect and will soon be able to take advantage of integrated affordability sourcing through MBT’s partnership with Twenty7Tec.

The integration performs affordability research alongside product sourcing.

Members of HL Partnership can access MBT Affordability free of charge for three months and are then able to take advantage of a reduced monthly subscription should they wish to continue to benefit from the platform. Full access to the MBT Affordability residential affordability platform is usually available for £9.99 (+VAT) per user per month.

Lewis Lenssen, managing director at Mortgage Broker Tools, said: “Lenders regularly update with their affordability calculations, particularly in the current environment, and so easy access to the most up-to-date affordability results from multiple lenders is a key element in providing the most suitable product recommendation.

“Many members of HL Partnership are already MBT customers and now all members of the network can benefit from tech-driven affordability research thanks to this exclusive offer. After the free three-month trial period, we are confident that advisers will take advantage of the reduced subscription so that they can continue to deliver their clients the most appropriate lender recommendations based on the latest affordability information.”

Neil Hoare (pictured), commercial director at HL Partnership, added: “In the mortgage market we are really pleased to see new technology solutions such as MBT understand and deliver their support to the modern-day adviser. By creating efficiencies, and bringing greater accuracy to decision making process, we know customers will receive the level of service they deserve and expect. In today’s connected world, competition is becoming ever greater and by providing members the right technology solutions we believe it will enhance the adviser/customer relationship.

“Adding MBT to our market leading technology platform which is designed specifically for the mortgage and protection adviser, is just one more example of how the network is delivering forward thinking propositions for its members to help meet customer needs now and in the future.”

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

LendInvest launches fee-free BTL options and product transfers

LendInvest has expanded its buy-to-let range with the introduction of fee-free options for both...

The Monmouthshire reports 61% rise in profits

Monmouthshire Building Society has reported a sharp rise in annual profits. The Newport-headquartered mutual saw...

Value of rental arrears falls for first time since 2021 amid easing rent growth

The average value of rent arrears has fallen year-on-year for the first time since...

Clydesdale Bank cuts residential and buy-to-let rates

Clydesdale Bank is making widespread reductions across its residential and buy-to-let mortgage ranges this...

Quantum Mortgages appoints new BDMs

Quantum Mortgages has strengthened its sales team with the appointment of two new business...

Latest publication

Latest opinions

Bridging the Pond: How large is the US bridging finance market, and compared to the UK?

When we first got started with LendInvest in the UK, post the financial crisis,...

Tuning into later life lending conversations

There are certain conversations in our profession that can genuinely change the course of...

Right of Light risks: a looming shadow over construction projects

Gone are the days when a Right of Light infringement could be swiftly dealt...

Could a move to ‘enhanced advice’ also mean mandatory protection conversations?

The FCA’s recent Mortgage Market Discussion Paper (DP25/2) has got the industry talking about...

Other news

LendInvest launches fee-free BTL options and product transfers

LendInvest has expanded its buy-to-let range with the introduction of fee-free options for both...

Bridging the Pond: How large is the US bridging finance market, and compared to the UK?

When we first got started with LendInvest in the UK, post the financial crisis,...

The Monmouthshire reports 61% rise in profits

Monmouthshire Building Society has reported a sharp rise in annual profits. The Newport-headquartered mutual saw...