A new working partnership has been announced between Mortgage Intelligence and MPowered Mortgages. This partnership will ensure that advisors connected with the former will be able to access all residential mortgages listed by the latter.
Mortgage Intelligence is a network that deals with protection and mortgage loans; it has a sizeable number of advisors working for it. These advisors will now be able to apply for MPowered loans on behalf of clients, with the rates for these currently starting at 4.34%. Borrowers will also be able to get valuations at no cost when they apply for one of the loans.
Furthermore, there will be the option of avoiding fees for arrangements, as well as cash back of £500, although this will only be on offer for remortgaging loans.
Speaking to Financial Reporter, Paul Kane from MPowered stated that the company was happy to link up with this network and make its slate of products available to a greater number of people.
He then went on to say that:
“We look forward to working with Mortgage Intelligence, helping advisors and their customers fulfil their homeownership aspirations, at what continues to be an uncertain time.”
Mortgage Intelligence managing director Sally Laker added that the company was very pleased to be able to provide its mortgage advisors with access to a wider choice of loans for their clients.
All advisors with a CeMAP qualification know that having the broadest possible choice of products increases their chances of being able to find suitable loans for all of their clients.