MPowered Mortgages has partnered with Alexander Hall, LDNfinance and SPF Private Clients, all of which will now be able to offer MPowered Mortgages’ prime residential mortgages to their customers.
The customers of Alexander Hall, LDNfinance and SPF Private Clients, who can already access MPowered Mortgages specialist buy-to-let range, will now also have access to the lender’s suite of prime residential products which includes two, five, seven and 10-year fixed rate mortgages and its recently launched £500 cashback range.
Customers will benefit from a free valuation on every application, and a choice of no arrangement fee, as well as cashback options, designed to ease the financial pressure of buying a home at a time when the cost of living continues to increase at pace. Rates currently start from 3.17%.
Over the past year, MPowered Mortgages has grown its network of established broker partners to circa 5,000 in total, which also includes Mortgage Advice Bureau and London and Country. It has received investment backing from Barclays, Citigroup’s SPRINT arm and M&G Investments amongst other key investors, and celebrated its first birthday in April this year.
Emma Hollingworth (pictured), distribution director at MPowered Mortgages, said: “We are delighted to be teaming up with Alexander Hall, LDNfinance and SPF Private Clients which not only demonstrates our commitment to growing our presence in the prime residential mortgage market, but also enables our prime range and mortgage platform to be accessible to as many homeowners as possible.
“At MPowered Mortgages, we remain dedicated to revolutionising the mortgage process for brokers and customers alike.”