Specialist lender Together has joined forces with Mortgage Broker Tools (MBT) with the aim of making its residential first charge mortgages more accessible to brokers working with complex cases.
The deal will see Together’s regulated first charge products available via MBT’s affordability platform, which is used by more than 5,500 brokers across networks, clubs and large firms. Advisers will now be able to source Together’s affordability, criteria and pricing through a single application form.
The integration is designed to help brokers place cases with non-standard features such as complex incomes, shared ownership, or unusual property types. MBT’s platform enables advisers to compare options from lenders that can support clients with affordability constraints, improving efficiency and widening access to specialist lending.
Nick Parker, sales director – networks and clubs at Together, said: “Reception to our Network and Club offering continues to be strong with a healthy pipeline of new partners on the horizon.
“We are delighted to partner with MBT to further enhance the support for brokers in placing specialist lending business for customers that could benefit from Together’s approach to assessing affordability.
“Initially launching with first charge residential mortgages, we look forward to adding buy-to-let and consumer buy-to-let to our offer in the future.”
Tanya Toumadj (pictured), chief executive of MBT, added: “Adding Together to our market leading sourcing platform is a ‘win-win’ for both partners.
“With volumes of £20bn+ being researched every month our intermediary members will be able to efficiently calculate affordability and access criteria for Together’s first charge mortgages supporting more customers in their property ownership ambitions.”
The agreement builds on Together’s momentum in the intermediary market. Since launching its Network and Club offering in September last year, the lender has secured partnerships with eight clubs and several networks, including HL Partnership, Mortgage Advice Bureau, Stonebridge, Rosemount and Mortgage Intelligence.
