The Portfolio Review tool can identify potential future borrowing opportunities on all properties landlords own
The Mortgage Works has introduced a new tool aimed at helping brokers support portfolio landlords in an increasingly complex buy-to-let market.
The Portfolio Review tool is designed to identify potential future borrowing opportunities for landlords on all properties they own. It provides brokers with critical lending information, aiding them in planning for their clients’ financial success.
With the new tool, The Mortgage Works – the buy-to-let mortgage lender of Nationwide Building Society – can provide broker support for day-to-day interactions with portfolio landlords. It is available for all brokers to use regardless of which lender the landlord’s mortgages are with.
“The Mortgage Works consistently looks for ways to increase support for brokers,” said Dan Clinton (pictured), head of buy-to-let mortgages for The Mortgage Works. “The various changes to the sector, such as increased regulation and taxation changes, have made the need for brokers to support portfolio landlords with their lending opportunities more important than ever.
“We believe the new Portfolio Review tool will be hugely beneficial to the broker community and enable more informative conversations to help landlords get more out of their investment.”
Jeni Browne, business development director at Mortgage Finance Brokers, lauded the development of the tool, saying it is an example of working outside of the box to find ways to support the landlord and the broker community.
“Having an underwriting view on where capital could be raised, can only be a real value add for any active investor,” she said.
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