Mortgage Broker Tools (MBT) has integrated its MBT Affordability research platform with fintech mortgage lender, Proportunity.
The exclusive integration will allow brokers to see whether their clients could achieve the loan size they want with the help of a shared equity loan of up to £150,000.
This is the first time that MBT Affordability has offered brokers alternative options to meet their client’s required loan size, and MBT suggested the move provides an added element to the level of research carried out by the platform.
MBT Affordability provides brokers with calculations of how much their clients can borrow from a panel of more than 40 residential and 65 buy-to-let (BTL) lenders based on affordability and criteria.
“Our research platform helps brokers to identify the best solution for their clients by showing them options they may not have otherwise considered,” MBT CEO, Tanya Toumadj, commented.
“We’re also on a mission to use our unique data and insights to help reduce the number of enquiries that are considered to be unaffordable and this integration with Proportunity is a great example of that in action.
“By showing the borrowing potential that clients have if they take an alternative approach, we’re making it even easier for brokers to add value and secure the loan size they need.”
Proportunity provides Help to Buy style shared equity loans for owner resident property purchases in England and Wales, boosting client deposits by up to 25% to help them maximise their affordability.
The lender suggested this can enable borrowers to potentially buy higher value properties and pay less per month by accessing a cheaper main mortgage deal at a lower LTV.
“Proportunity helps borrowers to maximise their affordability and can prove a flexible, cheaper alternative to achieve the needed loan size,” the lender’s head of business development, Stefan Valentin Rusu, added.
“This integration with MBT Affordability is very important as it allows brokers to easily see how the two mortgages stack up and how going ahead with a shared equity loan makes sense for their customers.”
Latest News
-
Average mortgage rates creep up for first time in eight months
-
Titan Wealth agrees acquisition of Blacktower Group
-
Savers increasing allocations to fixed accounts, research shows
-
SIPP withdrawal requests jump 33% ahead of Autumn Budget
-
44% of first-time buyers looking at new builds, study finds
-
AJ Bell integrates with Dynamic Planner
NEW BUILD IN FOCUS - NEW EPISODE OF THE MORTGAGE INSIDER PODCAST, OUT NOW
Figures from the National House-Building Council saw Q1 2025 register a 36% increase in new homes built across the UK compared with the same period last year, representing a striking development for the first-time buyer market. But with the higher cost of building, ongoing planning challenges and new and changing regulations, how sustainable is this growth? And what does it mean for brokers?
The role of the bridging market and technology usage in the industry
Content editor, Dan McGrath, sat down with chief operating officer at Black & White Bridging, Damien Druce, and head of development finance at Empire Global Finance, Pete Williams, to explore the role of the bridging sector, the role of AI across the industry and how the property market has fared in the Labour Government’s first year in office.
Does the North-South divide still exist in the UK housing market?
What do the most expensive parts of the country reveal about shifting demand? And why is the Manchester housing market now outperforming many southern counterparts?
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance, to explore how regional trends are redefining the UK housing, mortgage and buy-to-let markets.
The new episode of The Mortgage Insider podcast, out now
Regional housing markets now matter more than ever. While London and the Southeast still tend to dominate the headlines from a house price and affordability perspective, much of the growth in rental yields and buyer demand is coming from other parts of the UK.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
In this episode of the Barclays Mortgage Insider Podcast, host Phil Spencer is joined by Lucian Cook, Head of Research at Savills, and Ross Jones, founder of Home Financial and Evolve Commercial Finance.
© 2019 Perspective Publishing Privacy & Cookies
Recent Stories