MPowered Mortgages

How to register with this lender as a new user

To register as an adviser with MPowered Mortgages please follow the link and fill out the form:

During the application process there’s a drop down option to select Legal & General Mortgage Club and the payment route will be added.

How to contact this lender

Broker Support: 0800 260 5949

MPowered, Pannell House, Park Street, Guildford, Surrey, GU1 4HN

Who we are

MPowered Mortgages is on a mission to change the mortgage industry.

Launched in 2021 and part of MQube, MPowered Mortgages is a new broker-only mortgage lender.

We offer hassle-free mortgages that provide certainty. Leaving you more time to advise, and find great outcomes for your customers.

Here’s how

  • Our platform has been designed by brokers, for brokers
  • We know the importance of borrowers getting advice – and that’s via you
  • We’ll always be an intermediary lender, we won’t go direct

What we do

Using the latest tech, we’ve created a revolutionary platform that puts you in control and your client at ease:

  • Fully digital and trackable application process – know what's happening at every stage
  • Real-time underwriting – we'll start assessing your case on your first keystroke
  • Simple, easy and quick application – submit a FMA in under 10 minutes

Discover our prime residential products and criteria

Key features:

  • Highly competitive rates – we're more than a match for the ‘big six’
  • Loans up to 90% LTV
  • Capital Raising on remortgage up to 85% and if includes debt consolidation max LTV 80%
  • Family gifted deposits accepted
  • No min time in employment

The applicant

  • Max age 70 at end of mortgage term
  • Minimum 2 years trading for self-employed
  • Foreign nationals accepted - 3 years residency required

The property

  • 5% builders deposit accepted
  • Leasehold flats/maisonettes/apartments accepted
  • Ex-local authority houses accepted

The loan

  • Max loan £1.5 million
  • Terms from 5 to 40 years - affordability calculated to max 35 years
  • Fees can be added to the loan without affecting the LTV

Everything else

  • Zero-hour contracts accepted
  • Soft footprint at AIP
  • Up to 5.5x LTI

Useful links

Fee received from lender
(Gross fee)
We'll pay you
(Net fee)
Buy to Let0.60%0.55%
Residential Ported and Product Transfer0.20%0.18%
Further Advance0.30%0.28%