View more on these topics

Mortgage Brain sees user numbers jump

In addition to many thousands of small firms, major introducers, clubs and networks also benefit from using white label Mortgage Brain configurations.

These include Bankhall/Point One, Bradford and Bingley Group, Connells, Friends Provident, LIME, Mortgage Intelligence, Mortgage Next, Norwich Union, Paymentshield, Personal Touch, Pink Home Loans, Sesame, St James&#39s Place, The Exchange and Zurich.

The steadily rising user numbers are testament to the confidence in Mortgage Brain&#39s compliance offering. Mortgage Brain was the first to demonstrate Key Facts Illustrations being produced for lenders on its sourcing system in March of this year and is the only provider where lenders who account for over 75% of mortgages placed in the UK proactively verify product accuracy.

Mark Lofthouse, CEO of Mortgage Brain, says: “We&#39re pleased to be enjoying so much success. It is fantastic that our mortgage sourcing and compliance software is so well received and accepted as being integral to an introducer&#39s business practices. By continuing to go the extra miles to deliver new services and support compliance, and by working hard to make sure we continue to not only meet, but exceed, customer expectations, we will build on this success for years to come.”


Market Watch

Swap rates closed slightly down last week. One-year money is down 0.03% to 5.16%Two-year money is down 0.04% to 5.16%Three-year money is down 0.04% at 5.21%Five-year money is down 0.07% to 5.25% Lambeth launched an excellent three-year fixed rate at 5.10%. This follows its market-leading two-year fix at 4.85% which was pulled recently. Lambeth is […]

Financial Health

While many people have benefited financially in the current housing market boom, there is a growing awareness that first-time buyers could be classified as an endangered species as they find it increasingly difficult to step onto the UK housing ladder. With the National Institute of Economic and Social Research reporting that housing price growth will […]

Standard answer to an online market

Intermediaries are concerned about the accuracy of KFI data while networks and sourcing systems argue whether this data will come from them or from lenders&#39 websites. Against this we have a backdrop of lenders and packagers facing difficulties in coping with the volume of applications. And amidst all this, the industry faces one of its […]

SPF recruits agricultural lending specialist

His expertise includes the financing of estates, farms, food processors, equestrian centres, garden centres and rural diversification projects. Prior to joining, Ashbridge worked for four years at the Agribusiness unit of Clydesdale where he held a portfolio of rural clients in the South-East and his duties included targeting new customers and developing the business. He […]


News and expert analysis straight to your inbox

Sign up