Iress has announced that ModaMortgages is now live on Xplan Mortgage and Trigold. This takes the number of buy-to-let lenders available on Iress’ mortgage sourcing platforms to 83.
Specialist buy-to-let lender, ModaMortgages, was launched to market last month by UK digital challenger bank, Chetwood Bank.
Only available through brokers, ModaMortgages’ buy-to-let range caters for a variety of landlords, including those with small or large portfolios, individuals, limited companies, first-time buyers and first-time landlords. It also lends on HMOs and multi-unit freehold blocks (MUFBs).
The latest partnership follows ModaMortgages joining forces with TMA Club, Mortgage Brain and Mortgage Advice Bureau earlier this month.
Louise Sarsby, head of providers and lenders at Iress, said: “There is no one-size-fits-all when it comes to buy-to-let, so adding ModaMortgages to our already extensive range of specialist lenders is great news for brokers looking to meet clients’ individual needs.
“ModaMortgages’ vision aligns well with our own, and we’re pleased to be able to distribute their products nationwide through our market-leading mortgage sourcing software.”
Darrell Walker, director of sales and distribution at ModaMortgages, added: “As the home of smarter, faster, and simpler buy-to-let borrowing, it’s essential that brokers can view our products as quickly and easily as possible. Iress’s innovative software systems give them the ability to do just that.”
