Broker network TMG Club has added MPowered Mortgages to its lending panel.

MPowered says its buy-to-let platform uses artificial intelligence and automated document extraction to speed up applications for advisers, and provides clients with full mortgage offers.

Earlier this week, The Money Group (TMG), which runs the network, was given the go-head by the regulator to start its own network of appointed representative broker firms.

The Money Group first launched the broker network in April, and says it has 40 lenders on its panel, with more to come by the end of the year.

The Money Group chief executive Martin Stewart says: “It is always refreshing to see new lenders and lending initiatives come to the market.

“As a proactive mortgage club which supports a very proactive parent business it is essential for us to be able to partner with not only the established lenders but also the new, fresh thinking and contrarian thinkers and MPowered Mortgages certainly fit that bill.”

Mpowered sales and distribution director Emma Hollingworth adds: “TMG shares our vision of delivering certainty for advisers and their customers and making the customer experience the best it can possibly be.

“It is clear a partnership with such a forward-looking and customer-centric mortgage club as TMG will help us to bring about positive change to advisers.”