Aldermore adopts Mortgage Brain technology for advised sales

Aldermore, a British challenger bank, has become the first lender to adopt Mortgage Brain’s new Lender Retail point-of-sale solution to support its mortgage advice and sales process.

As part of the agreement, Aldermore’s retail mortgage advisers will be using Mortgage Brain’s new point-of-sale solution, a Lender Retail version of the Key, its award-winning CRM and compliance system, which has been specifically configured to support the new MMR retail sales process.

By using the new system, Aldermore’s advisers can effectively conduct all aspects of the retail mortgage advice and sales process, including IDDs, fact finds, needs analysis and reasons for recommendation; as well as pro-active compliance monitoring and management.

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Fifty per cent of brokers receive free leads via UKMortgages app

UKMortgages, Mortgage Brain’s mobile app, which promotes brokers and mortgage products to consumers, has now delivered new business leads to one in two brokers listed on its ‘Find A Broker’ capability.

Over 2,000 real leads have now been delivered free of charge to brokers, with broker contact details being viewed over 20,000 times since the app was launched last year. The first of its kind in the mortgage industry, the app has also been downloaded by around 50,000 consumers.

UKMortgages offers intermediaries the opportunity to generate increased business levels by marketing themselves directly with financially informed, potential homebuyers, throughout the UK.

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