The Key increases market share by over 40%
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The Key, Mortgage Brain’s point-of-sale, compliance and CRM system, has increased its market share of the UK mortgage intermediary market by over 40% in the past 12 months.
Mortgage Brain says the system now has over 6,000 contracted users.
Many organisations including Sesame, Connells, Alexander Hall, Pink Homeloans, Peter Alan, Ingard and Mortgage Intelligence, as well as lots of individual mortgage brokers, have all chosen to exclusively use the Key to support their mortgage sales business.
Mark Lofthouse, CEO of Mortgage Brain, says: “This is a fantastic achievement, the widespread adoption of the Key has been nothing short of phenomenal. There’s no doubt that the past two years have been extremely challenging and difficult for everyone in the UK mortgage market.
“Despite the market downturn, however, we have become the only mortgage technology provider that has continued to go from strength to strength and attract new users and increase market share across all business areas.”
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Readers' comments (2)
George Williamson | 28 Apr 2011 1:08 pm
As a KEY ur for over 4 years I congratulate Mortgage Brain on this milestone and welcome all the new users - it is a great system.
However, I feel it is only fair to point out to all the new users a known compliance problem (advised to Mortgage Brain more than a year ago) within the FACTFIND that does not correctly (or compliantly) record where a client has more than 1 current mortgage.
Please Mortgage Brain, could you fix this issue ASAP.
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Share Market | 11 Aug 2011 10:20 am
very good post, i was really searching for this topic as i wanted this topic to understand completely and it is also very rare in internet that is why it was very difficult to understand. thank you for sharing this.
Regard
Share Market
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