Tenet Network Services has added MPowered Mortgages to its lender panel.
MPowered Mortgages offers lending for buy-to-let individuals, limited companies and portfolio landlords. This is now available to Tenet’s advisers as part of the network’s lender panel.
Its document upload and full application process for brokers takes 10 minutes, leapfrogging the DIP (Decisions In Principle) stage.
The offering also includes:
- Range of fee-free remortgages up to £1m
- Fee-free remortgages for limited companies
- Two and five-year fixed periods up to 80%
- CCJ – 1 satisfied up to £250 in last three years
- Defaults over two years ignored
- Local Authority flats up to 70%
Emma Hollingworth, distribution director at MPowered Mortgages, said: “We’re proud to be launching with Tenet Network Services today and look forward to helping them deliver the best possible service for their clients.
“Tenet share our ambition to make the mortgage application process even smoother for everyone, through the use of both a competitive product range and innovative tech.”
Ben Wright, director of strategic development at Tenet, added: “Using technology to make life easier is core to our strategy and we were impressed with MPowered Mortgages innovative approach to the application process. When combined with some great rates and broad criteria, we believe that the addition of MPowered Mortgages to our panel will provide our advisers with a competitive advantage.”
