Mortgage Broker Tools (MBT) has now processed more than one million cases through its affordability-first research platform.
The one millionth case was run by Joe Lund from The Connells Group – a 95% loan-to-value (LTV) Home Mover, where lenders’ affordability results ranged from £120,000 to £225,000, with a few top lenders not able to lend.
MBT launched in 2019 as a technology platform recognising the significance of specialist affordability sourcing in the mortgage market.
MBT was named the Best Affordability Tool Provider on six consecutive occasions by the Mortgage Lender Benchmark from Smart Money People.
Tanya Toumadj (pictured), CEO at Mortgage Broker Tools, said: “At MBT, we recognise that recommending the right mortgage for a client is based on a complex combination of factors that best fit their circumstances and requirements, with affordability being a critical consideration.
“So, we developed MBT to provide the most accurate affordability-first research platform available in the market, and it continues to go from strength-to-strength.”
She added: “Processing our one millionth case is a big milestone. It’s evidence that a huge number of brokers value the accuracy of results we are able to deliver.
“And, with every case processed through MBT, the data available to lenders to enhance their propositions with our Sandbox technology becomes even richer.
“This means that every day, MBT plays an increasingly crucial role for both brokers and lenders, helping a growing number of customers to achieve the right mortgage to help them achieve their objectives.”
