MPowered Mortgages has partnered with Fluent Money to provide access to its full range of residential mortgage products for prime borrowers.
MPowered’s prime residential products include 2-, 5-, 7- and 10-year fixed rate mortgages. Customers benefit from a free valuation on every application, and a choice of no arrangement fee, as well as cashback options, designed to ease the financial pressure of buying a home at a time when the cost of living continues to increase at pace. Rates currently start from 3.17%.
Emma Hollingworth (pictured), distribution director, MPowered Mortgages, said: “We are delighted to be growing our reach in the prime residential mortgage market, and we are extremely excited by the potential offered through this partnership with Fluent Money, whose leading edge fintech platform is both highly regarded and extremely popular with customers, given their excellent 4.8 rating on customer review platform, TrustPilot.
“We are pleased that the Fluent Money team, who share a common interest in simplifying the process of buying a home, have recognised the importance of our offering, aimed at both smoothing out the mortgage journey for homebuyers and mortgage borrowers alike, and agreed to partner with us.”
Daniel Payne, managing director of Fluent Money’s Mortgage division, added: “Offering buyers a smoother mortgage journey is crucial – we as an industry need to get better at this. This is why we are delighted to be teaming up with MPowered Mortgages, whose goal is to revolutionise the mortgage process by using AI and machine learning to speed up the application process and offer customers a better experience. “
MPowered Mortgages’ harnesses the power of AI to make the mortgage application process quicker, easier, and more certain for homebuyers and those looking to remortgage.
Over the past year, MPowered Mortgages has grown its network of established broker partners to circa 5,000 in total, including MAB and London and Country.
It has received investment backing from Barclays, Citigroup’s SPRINT arm and M&G Investments amongst other key investors.
The mortgage lender has also doubled its workforce in the past year and opened a new office in Leeds as it continues to enhance its platform and offering for both mortgage brokers and their customers.
