Mortgage Broker Tools (MBT) has added Metro Bank to its MBT Affordability research platform.
MBT Affordability provides brokers with precise calculations of how much their clients can borrow from a panel of over 40 residential lenders and 65 rental lenders, based on affordability and criteria. Results from all lenders will be delivered in less than a minute, with no guesswork or estimates. Tanya Toumadj (photo), CEO of Mortgage Broker Tools, said: âThe mortgage affordability landscape is increasingly diverse, with a growing number of lenders specializing in lending to different types of clients. This is good news for brokers because it means that there is a better chance that there is a lender who can meet the demands of their clients. However, it also means that thorough research is an absolute necessity to make sure the right option is chosen, and it can be time consuming. âThis is where a research platform can prove so invaluable – providing accurate results from multiple lenders within seconds. And, if you’re going to use a search platform, you might as well choose the most comprehensive one available. âMBT Affordability was already the most comprehensive and trusted affordability and criteria platform available and we continue to invest in technology development and integration with new lenders. Metro Bank is a great addition to the platform and will provide brokers with even more affordable options for their clients. Charles Morley, Director of Mortgage Distribution at Metro Bank, added, âAt Metro Bank, we are always focused on delivering added value to our growing number of clients. âWe have made a number of significant enhancements to our residential line over the past year, such as the launch of specialty mortgages, the expansion of our broader LTV offering and enhancements to our BTL line. âBy integrating with MBT Affordability, even more brokers will be able to offer greater value, flexibility and choice to borrowers. ”