Mortgage and insurance network, Mortgage Intelligence, has announced that Quantum Mortgages has joined its lender panel.
The new partnership with Quantum Mortgages strengthens the range of mortgage solutions available to network members and their clients.
Last month, Quantum Mortgages announced a series of enhancements to its lending criteria for new applications.
In a move designed to better reflect the realities of corporate leasing arrangements, the lender will now accept the higher of passing rent, lease value, or AST value for affordability assessments on corporate leases. In addition, open market value investment valuations will now be accepted for HMOs and MUFBs and the lender has launched a new semi-commercial product under the QML Pro banner.
Graham Wood, head of products and partnerships at Mortgage Intelligence, commented: “We’re delighted to welcome Quantum Mortgages to our panel. Quantum stands out as a lender that understands the needs and complexities of today’s landlords. Their flexible criteria and commitment to transparency will give our members the confidence to place cases knowing they’ll be met with common sense and clarity.”
