MPowered Mortgages joins Abacus Funding panel

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Products from buy-to-let lender MPowered Mortgages are now available to Abacus Funding’s brokers.

The product offering comes alongside the in-house platform, MPowered, which aims to drive automation and innovation across the mortgage application process.

Features of the partnership for Abacus Funding brokers include:

  • Two and five-year fixed periods up to 80% LTV
  • CCJ – one satisfied up to £250 in last three years
  • Defaults over two years ignored
  • Local Authority flats up to 70% LTV
  • HMO – up to six bedrooms

Emma Hollingworth (pictured), distribution director at MPowered Mortgages, said: “We’re delighted to be launching with Abacus Funding today, and look forward to supporting their members. We want to ensure that advisers have access to the best mortgage lending for their customers.

“We believe combining a competitive product range with an innovative tech offering to Abacus Funding will help achieve this.”

Joanne Hutley, operations director at Abacus Funding, added: “MPowered Mortgages have combined a competitive product offering in the buy-to-let space, with a superior adviser and end-customer experience.  It is for this reason that I am excited to announce our partnership with MPowered Mortgages today.

“I am confident this will be a fruitful partnership for both MPowered and ourselves, and that our brokers and customers will see a real benefit from having access to their full product range.”

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