NewsSecond Charge

Specialist lenders partner with MortgageBrain

A list of specialist lenders have partnered with Mortgage Brain for the distribution of their second charge products on MortgageBrain Classic.

Central Trust, Masthaven Bank, Norton Finance, Precise Mortgages, Paragon Personal Finance, Shawbrook Bank, Step One Finance, United Trust Bank and 1stStop Group are those that have partnered.

The specialist lenders’ competitive products including fixed variable rate, residential and buy-to-let products will now be available for users of MortgageBrain Classic.

Buster Tolfree, commercial director at United Trust Bank, said: “Mortgage Brain’s integration of its second charge sourcing has made it incredibly easy and straightforward for advisers to consider second charge lending when discussing options with their clients.

“As the main provider of sourcing systems it made perfect sense to choose Mortgage Brain to showcase our products and we’re delighted that its users will have instant access to them.”

These partnerships come as MortgageBrain Classic now features a fully integrated second charge sourcing capability at no additional cost.

Advisers using this new feature can compare any and as many products as they like and select the time period to give the most accurate comparison possible.

Mark Lofthouse, chief executive of Mortgage Brain, added: “The feedback and response we’ve received from advisers, networks and lenders since the launch of our fully integrated second charge sourcing system has been fantastic.”

The new functionality will be available to MortgageBrain Anywhere users over the next few months.

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