The Right Mortgage & Protection Network has added April Mortgages to its lender panel, giving its adviser members access to the fixed-rate lender’s full product range, including its 100% loan-to-value mortgage aimed at first-time buyers.
The new partnership enables member firms to offer five- to 15-year fixed-rate deals from April Mortgages, which has positioned itself as a long-term player with a flexible approach to affordability and early repayment.
April Mortgages, which launched earlier this year, offers a suite of features designed to attract borrowers seeking certainty with flexibility. Its proposition includes no early repayment charges when borrowers move home or repay the mortgage using personal funds or an inheritance.
Rates reduce automatically as the loan-to-value drops, and there is no cap on overpayments. The lender also offers up to seven times loan-to-income, subject to affordability.
All products are offered on a capital repayment basis, though the lender also provides interest-only and part-and-part options under its Interest Only+ range, which is aimed at borrowers looking to reduce their monthly outgoings while maintaining repayment flexibility.
Brokers can expect direct access to underwriters and digital tools including an AffordAbility+ calculator, a rate drop tracker and broker-facing guides via the April Mortgages website.
Victoria Clark, head of lending at The Right Mortgage & Protection Network, welcomed the addition, noting the lender’s distinctive criteria and flexible approach.
“At The Right Mortgage we are always keen to work with lenders who have a unique range of products and criteria, and who want to distribute through professional advisers,” she said.
“This is why we’re very pleased to be adding April Mortgages to our lender panel today; they offer long-term fixed-rate mortgages with a twist, in terms of the amount they can lend, the ability of the borrower to make overpayments, and a different approach to ERCs.
“We’re looking forward to working with April and to helping them outline their proposition to our member firms.”
Rachel Hunnisett (main picture), director of mortgage distribution at April Mortgages, said the network’s emphasis on high-quality advice made it a strong fit.
“We pride ourselves on working with partners that can ensure our product offering is well placed with their clients,” she said.
“Our proposition requires true and top tier advice from advisers to best serve their clients, that’s why we are so selective about our panel. With The Right Mortgage network, we feel we have another really strong distributor who can guide their clients in a professional manner to achieve their homeownership goals.
“We’re all excited to see The Right Mortgage relationship develop further.”
