Bradford & Bingley renews sourcing deal with Mortgage Brain

Bradford & Bingley plc has announced the renewal of their mortgage sourcing systems with Mortgage Brain.

The Bradford & Bingley Group is the largest provider of independent financial and mortgage services in the UK, and houses both the MarketPlace and Charcol brands. Mortgage Brain has been reselected as the exclusive external mortgage sourcing engine following a review of the market, Mortgage Brain will be accessed regularly by an estimated 1,000 professional advisors within both MarketPlace and Charcol.

Russell Gould, online development director of Charcol, says: “While accuracy, mortgage regulation and technological advancements within the mortgage industry are paramount, our assessment of Mortgage Brain highlighted that they are both prepared for future development and able to meet our existing mortgage sourcing requirements.

“We are confident that the new management team, with the commitment of the consortium owners, will provide the right level of service to meet our ongoing and future business needs.”

Mark Lofthouse, chief executive of Mortgage Brain says: “We look forward to continuing working closely with the Bradford & Bingley Group. Their endorsement of our mortgage sourcing service and online trading strategy going forward is welcomed as we are both totally committed to delivering the highest quality services and products to all Mortgage Introducers and their customers.”