Brokers can now use the platform to reach the lender's specific criteria conditions
Specialist lender MT Finance has launched its buy-to-let product criteria on digital criteria platform Knowledge Bank.
The lender, which has 15 years of experience in the bridging sector, partnered with a select number of brokers last year to launch its buy-to-let offering. In March, MT Finance made the products available to all intermediaries across England and Wales.
As a result of the partnership with Knowledge Bank, brokers are now able to use the digital platform to drill down into specific criteria conditions and wording to ensure that their clients qualify.
“It’s incredibly exciting to be launching into the buy-to-let sector,” said Marylen Edwards (pictured), head of BTL lending at MT Finance. “We wanted to ensure complete clarity around our new lending policy and partnering with Knowledge Bank is simply the best way to do this.
“By signing up to the cutting-edge KB PRO lender system, we are also in in control of our own criteria data and can use a range of tools to communicate this effectively to brokers. We pride ourselves on being able to give brokers a ‘yes’ or ‘no’ without prolonging the process unnecessarily.”
Nicola Firth, chief executive at Knowledge Bank, added that it was thrilled to have the new buy-to-let range from MT Finance on the Knowledge Bank system.
“MT Finance has a terrific reputation and an exceptional service proposition, and this is supported by their unwavering commitment to use the best tools, technology and people to support their intermediary clients,” she stated. “We are very excited to be supporting them and delivering innovative products to brokers and their clients in a brand-new sector of the market for them.
“One key aspect of delivering an exceptional service to brokers is clarity and uniformity, and by using KB PRO, the MT Finance head office staff, BDMs, underwriters, and internal sales teams are all able to use a consistent source of data and wording to ensure the information presented to intermediaries is clear and accurate.”
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