All the sourcing and sales processing power you can handle with ALL NEW MortgageBrain & the Key

With unrivalled mortgage sourcing and sales processing power, ALL NEW MortgageBrain integrated with the Key is a must have tool for writing business compliantly and easily.

1,000s of Advisers have already harnessed the power of both ALL NEW MortgageBrain and the Key armed with:

• Whole of market sourcing
• Budget Planner and Rate Shock calculations
• Stress testing: clear amber triangles marking unaffordable
products
• Complete compliance control and much more.

Call our Sales Support team on 0871 384 0194 or click here to download ALL NEW MortgageBrain or the Key and take advantage of both 30 Day FREE trials.

Rate Shock analysis capability available on ALL NEW MortgageBrain

Mortgage Brain, the multi-award winning mortgage technology solutions provider, has developed and launched a unique Rate Shock analysis capability to enable brokers to instantly identify the effect of rate increases.

The new development is in line with the FCA’s MMR affordability guidelines, encompassing the potential ‘1% rate rise effect’ scenario, and sees Mortgage Brain become the first sourcing system provider to offer this service.

Available on the latest version of ALL NEW MortgageBrain, the new Rate Shock analysis capability features a warning triangle to indicate that the borrower may not be able to afford a mortgage if rates rise by up to 3% in the next five years for every selected mortgage product

Click here to read more.

Financial Reporter Awards 2014 ‘Best Sourcing System’ winner.

We won! Financial Reporter Awards 2014 announced today that Mortgage Brain has won ‘Best Sourcing System’.

We would like to say a huge thank you to everyone who voted for us. The Financial Reporter Awards 2014 winners are purely from votes, no judges.

Suzanne Green, Head of Marketing at Mortgage Brain commented, “We’re pleased to win the Financial Reporter Awards 2014 as ‘Best Sourcing System’, our team work hard to continuously deliver to a high standard. Thank you to everyone who voted for us.”

Click here to read more.

12 things you may not know about mortgage sourcing

Sourcing systems have changed beyond recognition since Peter Nice built the first one in 1986. But are brokers using these systems to their full potential? Mark Lofthouse, CEO of multi-award winning mortgage technology solutions provider Mortgage Brain, has his doubts, so here are his top 12 things brokers might not know about mortgage sourcing.

1 – You can use multiple tabs to illustrate different client scenarios

Clients want to understand their options and after looking at A, B and C they’ll go back to A again. Using a single tab makes that time consuming and confusing. Using the multiple tab option, which are featured on the newest sourcing systems available, however, allows you to both illustrate the different requirements and retain them.

2 – Client searches can be saved and reloaded

Carrying out research for a client is essential. But it all needs recording and storing. The latest mortgage sourcing systems are capable of saving every different scenario and allow you to reload your searches at a later date.

3 – Excluded products can be displayed

Sometimes a product which you think perfectly matches a client’s criteria isn’t displayed in the results. Today’s systems will display both matching and non-matching products so you can see the reasons for exclusion.

 4 – Best buy schemes can be personalised

Clients will often ask you about a ‘best buy’ product they have seen advertised. At the touch of button,  your sourcing system should allow you to tailor the search results to display all the best buy products to meet a client’s requirements.

5 – ‘Standard’ searches can be stored and applied to your client’s terms

Intelligent sourcing systems save time by allowing you to store a number of searches which can be applied to every client with those needs.

6 – Data from other systems can be automatically imported

These days,  systems have improved so much that they can now import information quickly and seamlessly. There’s no reason why you should have to start from scratch and re-key client data.

7 – Overseas mortgages can be sourced just as easily as those from the UK

Simply select the ‘overseas’ filter – your system should have one – and a list of countries will appear. Choose the one you need and the rest of the process is as if sourcing for a UK mortgage.

8 – You can source or produce KFIs for withdrawn products

If a product has been withdrawn, today’s systems allow you to easily find it by using the ‘withdrawn’ filter.

9 – Products and schemes can be manually removed

Sourcing systems should allow you to remove products manually by adding your own exclusion options.

10 – You can source for adverse mortgages

Sourcing systems now provide you with a range of adverse products through the adverse filters option. These filters should help gain and retain clients.

11 – Applying BTL filters can speed up the sourcing process

Today’s sourcing systems allow you to select the BTL filter right at the start, which speeds up the process immensely. Other filters can be applied in the normal way.

12 – The effects of changing mortgage payments can be displayed and illustrated to your clients

A graphing function  is offered by many of today’s systems  which is an excellent visual way of demonstrating the short and long term impact of making such a change.

Mortgage Solutions Buy to Let Forum back for a third year

The third annual Buy to Let Forum from Mortgage Solutions is a targeted half-day platform for delegates to meet the experts and discuss the impact of factors affecting this market for better or worse. Meet leading buy to let advisers and providers from 3mc, BM Solutions, Castle Trust, Paragon, Aldermore, Complete, Kensington and Platform. This event will provide the insight to enable you to position yourself at the forefront of an evolving and exciting market. Tailored to regional markets, you have the choice of attending: Manchester, 8th April, Birmingham, 9th April and London, 10th April. For full agenda and speaker details visit www.buytoletforum.com.

Financial Reporter Awards 2014 Your Vote Decides…

Financial Reporter Awards 2014
Your Vote 
Decides…

If we tick your boxes, then please vote for Mortgage Brain.

  • Best Technology to support you and your business.
  • Innovative product solutions e.g. iSourceMortgages and coming soon… MortgageBrain Anywhere.
  • Full suite of products to take you and your Clients compliantly through the full Mortgage process.
  • MMR support through the Key (back office system). Budget Planner and Rate Shock on sourcing coming soon…
  • Helping and supporting you when you need it.

If you believe Mortgage Brain has provided good practices and excellent service then we’d really appreciate your vote.

The Financial Reporter Awards 2014 awards individuals and organisations with good practices and excellent service, so a big thank you from everyone at Mortgage Brain for your continued support.

Use our new BA Home Insurance link on ALL NEW MortgageBrain and receive your licence fee FREE each month.

Use our new BA Home Insurance link on ALL NEW MortgageBrain and receive your licence fee FREE each month.

Just process 4 new Home Insurance/ASU/MPPI cases per month through the new link and Berkeley Alexander will pay your licence fee the following month. Click here for more information.

BA integration facts:

  • Instant online purchase of your clients insurance.
  • Pre-populated Quote & Buy portal.
  • Access to quotes from one of the largest insurers and product panels.
  • Your ALL NEW MortgageBrain licence fee free for one month when you process 4 cases.

You can work SIMPLY SMARTER not harder!

More than 12 UK dates to choose from – BOOK NOW!

Our new FREE seminar series starts in September, offering you the chance to work SIMPLY SMARTER, following on from our successful seminars earlier this year.

Promoting ‘The 5 Essentials of Mortgage Marketing‘ – you’ll discover new sales tools to essentially boost your business and brand YOU!

Take a fresh look at our MortgageBrain B2Cinsight’ Websites and the sourcing tools of ALL NEW MortgageBrain to make your business simply smarter and work harder for you.

FREE to attend

The 5 Essentials for Mortgage Marketing’ covers how you can compete and overcome challenges both personal and business to think smarter and use practical ideas and tools to your advantage. Based and themed on the best seller business book called Genius by James Bannerman this is a great free seminar to become simply smarter.

“You can find inspiration in everything and if you can’t look again.”
Paul Smith designer: quote courtesy of the Genius© book

Call our booking hotline today 0871 384 0194

Book online here

Or email our team team@mortgagebrainexpo.co.uk

Three in a row for Mortgage Brain CEO

Mark Lofthouse, CEO of Mortgage Brain, the market leading mortgage technology solutions provider, has been named as the ‘Technology Advocate of the Year’ for the third year in a row at the recent British Mortgage Awards.

The national awards, judged by a panel of industry experts, are designed to reward individual excellence in the mortgage industry.  The ‘Technology Advocate’ accolade recognises somebody who has championed the development, integration and use of technology for the UK mortgage market, and in turn, the end consumer.

Click here to view the full article.

UKmortgages App now available on iPhone, iPad and Android devices

  • The UKs most comprehensive mortgage search application
  • Over 13,000 consumer downloads and used over 50,000 times since its launch in April
  • Mortgage calculator run over 70,000 times
  • Over 26,000 product searches conducted with over 750 ‘real leads’ delivered to mortgage brokers

UKmortgages, the UK’s most comprehensive mortgage search app, which allows consumers to search the UK mortgage market for a mortgage, compare products, and ‘find a broker’ to help them with the application process, is now available on the iPad and Android devices.

The app, initially launched on the iPhone in April, and available free-of-charge to consumers, is an incredibly powerful, fast and simple way to search through almost 10,000 mortgages available in the UK using the latest and most comprehensive mortgage product data.

Available now in the Apple Store for iPhones and iPads and in the Play Store for Android devices, UKmortgages also provides consumers with the ability, via its ‘Find a Broker’ function, to get in touch with a UK qualified mortgage broker to help answer questions and progress mortgage enquiries.

Click here to view the full article.