The Mortgage Advice Bureau (MAB) has expanded its panel by including April Mortgages, signalling a commitment to broaden its lending options.
- April Mortgages, renowned for its innovative and flexible mortgage solutions, is part of the DMFCO group.
- The collaboration emphasises customer-centric mortgage solutions, enhancing brokers’ ability to offer diverse mortgage options.
- Danny Belton from MAB highlights the partnership’s role in introducing fresh ideas to the mortgage market.
- Rachael Hunnisett from April Mortgages anticipates a mutually beneficial relationship that adds value to brokers and clients.
The Mortgage Advice Bureau has made a strategic decision to broaden its lending panel by incorporating April Mortgages, a lender known for pushing innovative boundaries in the mortgage market. This collaboration signifies an effort to provide brokers and customers with a wider range of mortgage solutions. By tapping into the expertise of April Mortgages, MAB aims to enhance the variety of options available to brokers, thus benefiting customers seeking tailored mortgage solutions.
April Mortgages, a subsidiary of the DMFCO group, brings to the table a range of products that emphasise simplicity and flexibility. They offer mortgage solutions that include longer-term fixed rates and high loan-to-income lending, along with the ability for uncapped overpayments and reductions in interest rates as the loan-to-value ratio decreases. These products are designed to offer both stability and adaptability to homeowners, aligning well with MAB’s focus on providing tech-driven and efficient solutions.
Danny Belton, the head of lending at MAB, expressed enthusiasm about this new venture, noting the market’s demand for innovation. He stated that April Mortgages injects fresh thinking into mortgage products and criteria, thereby empowering MAB brokers to present a wider array of mortgage choices to customers. His comments underscore the significance of this partnership in enhancing the brokerage’s competitive edge in the market.
Rachael Hunnisett, the director of mortgage distribution at April Mortgages, echoed this sentiment. She highlighted the partnership as an opportunity to redefine what the mortgage industry can deliver. By working closely with MAB, April Mortgages aims to continue advancing mortgage offerings that are simple, transparent, and tailored to the current market demands. Hunnisett believes that integrating April’s customer-focused products into MAB’s trusted framework will deliver significant value to both brokers and their clients.
This partnership marks a significant step towards enhancing the flexibility and variety of mortgage options available to brokers and clients.
