Mortgage Advice Bureau has added ModaMortgages to its lending panel.  

The move will mean the network’s brokers will have access to the buy-to-let lender’s products.  

Newly-launched ModaMortgages lends to a variety of landlords, including those with small and large portfolios, limited company, houses in multiple occupation/multi-unit freehold blocks, individual and first-time landlords. 

Mortgage Advice Bureau, led by chief executive Peter Brodnicki (pictured), comprises over 2000 brokers, and last week said at a market’s capital day that it plans to double market share and revenue and is considering a move to the FTSE 250.

Mortgage Advice Bureau strategic lender relationship director Rachel Geddes says: “We’re always looking to work with lenders who place innovation at the heart of everything they do and support our broker partners to find more solutions for our customers.  

“ModaMortgages’ broker-friendly proposition, clear and transparent criteria, and competitive rates will really resonate with brokers looking to meet their customers’ specialist borrowing needs.” 

Last month, ModaMortgages widened its distribution to include such clubs as 3mc, Brilliant Solutions, L&G Mortgage Club, Paradigm, PMS and SimplyBiz and such networks as Connect, Cornerstone, HL Partnership, InPartnership, The Mortgage Group, New Leaf and Sesame. 

This saw the lender leave the soft launch period it entered in October. 

Wrexham-based digital bank Chetwood Financial, which itself was founded in 2016, set up the BTL lender and has been preparing for its launch over the past two years.