Overview
Here’s How
• Our platform has been designed by brokers, for brokers
• We know the importance of borrowers getting advice – and that’s via you
• We’ll always be an intermediary lender, we won’t go direct
What we do
Using the latest tech, we’ve created a revolutionary platform that puts you in control and your client at ease:
• Fully digital and trackable application process – know what's happening at every stage
• Real-time underwriting – we'll start assessing your case on your first keystroke
• Simple, easy and quick application – submit a FMA in under 10 minutes
Discover our prime residential products and criteria
Key features:
• Highly competitive rates – we're more than a match for the ‘big six’
• Loans up to 85% LTV
• Capital raising on all remortgages up to 85% LTV
• Family gifted deposits accepted
• No min time in employment
The Applicant
• Min age 18
• Max age 70 at end of mortgage term
• Up to 2 applicants
• Minimum 2 years trading for self-employed
• Foreign nationals accepted - 3 years residency required
The Property
• England and Wales
• 5% builders deposit accepted
• Minimum valuation from £75,000
• Leasehold flats/maisonettes/apartments accepted
• Ex-local authority houses accepted
The Loan
• Min loan £50,000
• Max loan £1.5 million
• Terms from 5 to 40 years - affordability calculated to max 35 years
• Purchases and remortgages
• Fees can be added to the loan without affecting the LTV
Everything Else
• Offers valid for 180 days from application
• AVMs available up to 80% LTV
• Zero-hour contracts accepted
• Soft footprint at AIP
• Up to 5.5x LTI
Register
Register to place business with MPowered Mortgages:
*Please select that you are a PMS Mortgage Club member when registering, placing business or checking existing payment route to ensure you receive the procuration fee quoted by PMS.
Register