MBT’s platform provides brokers with fully integrated criteria-driven sourcing which allows them to easily research and identify the most suitable lenders to meet the loan sized requested by clients.

It includes an eligibility calculator based on affordability and criteria for more than 40 residential mortgage lenders and 65 buy-to-let lenders. Calculations are accessed through one intuitive form and results are delivered in under a minute.

There are no approximations or estimates as the approach ensures accurate affordability results every time. The affordability platform also provides a full audit trail.

Tanya Toumadj, CEO at Mortgage Broker Tools, said: “Affordability is always an important consideration in placing a case, but never more so than in the current environment, with properties selling for record prices while lenders tweak their affordability calculators to match their fluctuating appetite for new business.

“Consequently, it’s not easy for brokers to stay on top of which lenders will offer the biggest loan sizes to their clients.

“MBT Affordability tackles this challenge head on.”

Meanwhile, David Lawson-Shah, director at Alexander Hall, said: “We’ve carried out a lot of research at Alexander Hall and we know that clients want to deal with an adviser who has both access to great technology and the knowledge to resolve an eclectic mix of challenges.

“One of our biggest challenges as a business has been to navigate the plethora of tech providers in the mortgage advice space to identify which of these have a product that brings genuine value to the adviser and customer journey, the support of lenders and an appetite to work in partnership.

“Mortgage Broker Tools fits the bill on all of these fronts and MBT Affordability will be a useful addition to our team.”