The Stafford Building Society has formed a new partnership with Mortgage Broker Tools (MBT), joining its affordability-first research platform.
The platform aims to deliver accurate results across affordability, criteria, product rates and credit status.
The partnership with MBT comes as the society hopes to provide further support to brokers looking to complete complex cases.
Tanya Toumadj, CEO at Mortgage Broker Tools, said: “Affordability continues to be at the forefront of consideration for customers and brokers, we can see that in our data with no lender being eligible or affordable for 20% of MBT cases.
“In 70% of cases the lender that maximises affordability is outside of the top 10, this is where smaller building societies like Stafford can really help brokers, and their borrowers.
“We are extremely excited to have The Stafford Building Society on MBT, they accept an array of income, including one-year accounts, as well as strong criteria for property niches.”
Carolyn Thornley-Yates, head of commercial development and distribution at The Stafford Building Society, added: “We’ve built a strong and bespoke specialist lending proposition centred around flexible approaches to affordability, as well as unusual or complex land and property features.
“We’re delighted that we’re now showcasing this on the MBT platform to increase awareness of the value add we bring, for brokers and their clients alike.”
