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How is your Mortgage Brain?

Technology once again is working for all parties in the financial news this week it has been noted that UKMortgages, the application launched by Mortgage Brain, has been downloaded more than 81,000 times since launching in 2012. Consumers have accessed and used the mortgage search tool more than 826,000 times in that period. As a result of using the application, consumers have also viewed broker contact details more than 43,000 times. The application is available across the iPad, iPhone and Android platforms as well as on Windows 8 and Windows Phone devices.

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Owned by six of the UK’s largest mortgage lenders Barclays, Lloyds, Nationwide, RBS, Santander and Virgin Money, Mortgage Brain was started as a mortgage- sourcing provider but has now evolved through organic development and acquisition to offer a range of mortgage software from mortgage client management software through sourcing and application submission and most recently the provision of apps for both advisers and consumers.

In a world where consumers increasingly run their lives digitally through mobile devices and smart phones, these apps it is a great place if you are a potential buyer to begin your homebuying experience. The app includes tools which enable you to work out how much you can borrow and how much monthly payments will be and it can help calculate if money can be saved by remortgaging as well as the impact of rates changing and overpayment. Enables Independent Financial Advisors know that when it comes to trying to find the right mortgage it’s still the case that many brains are better than one even if one is a high speed digital one!

Issued by: Enable Independent Financial Life Planners
25c North Street, Bishops Stortford, Herts CM23 2LD
Telephone: 01279 755950 – Fax: 01279 657339
Enable Independent Financial Life Planners is a trading style of Enable Independent Limited is authorised and regulated by the Financial Conduct Authority.
It is important always to seek independent financial advice before making any decision regarding your finances. If you would like any assistance, please contact us.
NOTHING CONTAINED IN THE ARTICLES SHOULD BE CONSIDERED AS GIVING INDIVIDUAL FINANCIAL ADVICE

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