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TODAY'S OTHER NEWS

Mortgage Brain bolsters second charge sourcing and appoints new staff

Mortgage Brain has strengthened its integrated second charge sourcing capability by expanding the Master Brokers accessible to network companies, as well as appointing 15 new members to its growing team.

The network now includes Fluent Money, Norton Finance, Brightstar, Positive Lending, Clever Lending and The Loan Partnership.

Granting more choice to advisers within a company or network to pass the lead on to their chosen Master Broker, the new system – available on MortgageBrain Classic – will also allow advisers to deal direct with a lender and guide on second charge products.

Additionally, Mortgage Brain has brought 15 new staff members on board over the past year to support business growth and its ongoing roll out of new technology.

With the 15 new appointments working across areas of product development, customer service, testing, product display and sales, the total headcount at Mortgage Brain currently stands at 123 across its Croydon, London and Worcestershire offices.

Mark Lofthouse, chief executive of Mortgage Brain, said: “With technology advancing at an ever-increasing pace, continuous investment is critical to our future success and that of the businesses that have put their faith in us.”

Lofthouse said that the expansion of Master Brokers ranges available on their sourcing system ‘gives networks and companies greater choice and more options’.

He added: “By integrating second charge sourcing into our mainstream first charge sourcing systems, we’ve made it as easy as possible for advisers to consider second charge lending when discussing options with their clients.”

“We’ve received excellent feedback from lenders and advisers since launch and its popularity and widespread usage is expected to grow even further.”

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