B2L specialist plans to update its system

Mortgages for Business is to revamp and rebrand its buy-to-let sourcing system, currently called Bluesky.

From February the updated technology, renamed Mortgage Flow, will not only source buy-to-let mortgage deals based on live online information but will also include portfolio software to help brokers keep track of their past clients.

The portfolio facility will allow brokers to submit multiple applications online to Mortgages for Business by using pre-populated forms. It will also store data, alert brokers when their clients’ deals are approaching the end of their terms and pro-vide them with a 24-hour tracking capability.

The software will be available on a free trial basis from Mortgages for Business before the February 1 launch date. Nick Blunt, head of business partner development at Mortgages for Business, says there are other enhancements planned for the system once it is launched.

He says: “The next step will be getting lenders on board and acc-epting applications directly so that brokers have fast and easy access to them.”