Paradigm has relaunched its partnership with Mortgage Broker Tools, extending access to the affordability platform for its member firms.

The mortgage, protection and compliance services provider said the renewed arrangement allows it to offer members discounted licensing and pricing for Mortgage Broker Tools, which combines affordability, criteria and product filtering through a single data entry form.

The platform integrates with more than 100 lenders across residential and buy-to-let lending, including shared ownership and complex income cases. Paradigm said this enables advisers to obtain faster and more accurate results when researching options for clients.

Mortgage Broker Tools reports that users save an average of 47 minutes per case, with 12% of advisers saying the time saving can be as much as 90 minutes.

AFFORDABILITY SOLUTION

The platform has been named the top affordability solution in the Smart Money People benchmarking report for the past four years, based on feedback from more than 900 brokers.

Paradigm said member firms using Mortgage Broker Tools can streamline their research processes and generate supporting evidence for compliance purposes, while also identifying a wider pool of potential lenders.

HIGH-QUALITY ADVICE

Richard Howes, director of mortgages at Paradigm, said: “Helping advisers to deliver high-quality, consistent and compliant advice is at the core of what we focus on at Paradigm, and the MBT platform supports this in a large number of user-friendly ways.

“We have relaunched our partnership with MBT today to support those members already using it, and to encourage new firms to look at the proposition and what it can deliver for them.

“With an exclusive offer, we’re looking forward to working with the MBT team to ensure advisers have everything they need to ensure they deliver positive client outcomes each and every time.”

CLIENT OUTCOMES

Pete Harte, head of mortgage adviser sales at Mortgage Broker Tools, added: “Paradigm members have access to the most accurate mortgage affordability platform in the UK, which will enhance both adviser productivity and client outcomes.

“Given Paradigm has an excellent reputation in the market for not only its proposition, but also the support and close relationship it has with its member firms, we are delighted to be working with Paradigm to deliver this best in breed solution.”