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Home > Your Industry > Technology for Advisers

By Maria Sovago | Published Oct 31, 2012

Launch Pad: Mortgage Brain

The app is designed for use by mortgage intermediaries during the initial stage of the point-of-sale process and will enable them to conduct a quick and thorough mortgage search and selection process for their clients.

Scheduled for launch at the turn of the year, the app allows information on prospects to be collected, and also features mortgage calculators and a graphing tool.

Although Mortgage Brain Limited is jointly owned by six lenders – Barclays Woolwich, the Lloyds Banking Group, Nationwide, Royal Bank of Scotland, Santander and Virgin Money – the sourcing app is whole of market and provides independent information.

Mark Lofthouse, chief executive of Mortgage Brain, said: “The new app for mortgage brokers has been specifically created for the iPad and takes advantage of the latest available technology.”

“In today’s rapidly changing market it is more important than ever that mortgage brokers remain competitive and are in the best possible position to meet their customers’ needs.”

IFA VERDICT

MARIA KOLEVA, MORTGAGE CENTRE IFA, MAYFAIR, LONDON

“An iPad app like this is definitely very useful. We use Prospector at the moment but if they come up with an iPad app, that would be interesting,” said Maria Koleva, who takes keen interest in anything technical and leads IT support in the company.

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