TMA adds new lender to panel

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TMA Club has teamed up with newly launched lender, MPowered Mortgages, so Directly Authorised (DA) brokers who are members of TMA will have access to MPowered Mortgages’ range of specialist buy-to-let solutions.

TMA advisers will have access to MPowered Mortgages’ in-house platform, MPowered, which uses AI and deep learning technology to collate and analyse data for advisers.

Rates  across MPowered Mortgages’ buy-to-let product range start from 2.94%, with fixed rates avalaibel for two, three and five years.

Lisa Martin, development director at TMA, said: “At TMA we pride ourselves on being more than just a mortgage club and endeavour to provide the best proposition to DA brokers. Ultimately, the addition of MPowered Mortgages to our buy-to-let panel will enable advisers to better support landlord clients with the solutions so they can succeed in the property investment space.

“Partnering with a lender that’s making great strides in the technology space also aligns with our proposition perfectly, and it’s great to be able to provide DA firms with first class tools to help them achieve the best customer outcomes.

“We are confident that with the added support of MPowered, TMA advisers will be better equipped to serve buy-to-let clients going forwards and we look forward to supporting MPowered on its evolution journey.”

Emma Hollingworth, distribution director at MPowered Mortgages, added: “We’re delighted to have joined TMA’s buy-to-let panel and look forward to helping their DA brokers deliver the best possible service for clients with access to our MPowered platform.

“We believe everyone in the mortgage ecosystem should have tools fit for the 21st century and with our cutting-edge design and data-driven, AI-powered techniques, TMA’s brokers will be able to spend less time working on data and more time on advising clients and bringing in new business.

“Ultimately, MPowered has been designed with brokers, not just for them, so we’re excited to work with TMA to continue evolving the platform and make the mortgage application process even smoother for everyone involved.”

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