April Mortgages has joined L&G’s Ignite affordability system.
The integration gives advisers access to April's lending proposition, including borrowing of up to 7x income for eligible applicants through AffordAbility+, alongside five to 15-year fixed rates.
April's proposition combines enhanced affordability with a range of features designed to support customers throughout the life of their mortgage. These include unlimited overpayments, no early repayment charges when moving home or repaying from a customer's own funds, and automatic rate reductions as loan-to-value improves.
James Pagan (pictured), director of product, portfolio and operations at April Mortgages, said: "We're delighted to be joining Ignite and making it easier for advisers to access April's affordability proposition.
"We're seeing growing interest from advisers who want to understand how April's modern approach to lending could help more of their clients. Too often, borrowers are constrained by traditional affordability models, despite having the income and circumstances to sustainably support homeownership.
"Through AffordAbility+, eligible customers can borrow up to 7x income, while our longer-term fixed rates provide payment certainty alongside features such as unlimited overpayments, no early repayment charges when moving home or repaying from their own funds, and automatic rate reductions as loan-to-value improves.
"By integrating with Ignite, we're making it much easier for advisers to access our affordability model and identify where April could provide additional borrowing power, greater certainty and more flexibility for their clients."
Kelly Bretherton, head of Ignite at L&G, commented: “It’s really important to help brokers find the right lender and mortgage solutions for their clients’ individual needs, so we’re really pleased to welcome April Mortgages to Ignite, giving seamless access to additional forms of lending.”
Mark Eaton, chief operating officer at April Mortgages, added: "This integration is about more than technology; it's about helping advisers find solutions for clients who may otherwise believe their options are limited.
"By making April's affordability model available through Ignite, advisers can more easily identify customers who could benefit from our modern mortgage proposition, including eligible borrowers seeking up to 7x income lending and the certainty of our five to 15-year fixed rates.
"The addition of April further strengthens Ignite's affordability offering and reflects the growing importance of technology in helping advisers navigate an increasingly diverse lending market."
