"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"
Fluent Money, which was recently acquired by Mortgage Advice Bureau, will now have access to MPowered Mortgages’ full range of residential mortgage products for prime borrowers.
MPowered’s prime residential products include two, five, seven and 10-year fixed rate mortgages with a free valuation on every application, a choice of no arrangement fee, as well as cashback options. Rates currently start from 3.17%.
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.
Emma Hollingworth, distribution director at MPowered Mortgages, commented: “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."
