Mortgage Brain expands second charge options

The technology provider’s second charge sourcing capability now includes Fluent Money, Norton Finance, Brightstar, Positive Lending, Clever Lending and The Loan Partnership.

Launched in May this year, the platform enables advisers to compare suitable first and second charge mortgage products side by side. They can pass the lead on to their chosen master broker, or advise on second charge products and deal directly with a lender.

Mark Lofthouse (pictured), chief executive of Mortgage Brain, said: “The expansion of the range of master brokers available on our second charge sourcing system gives networks and companies greater choice and more options when selecting their second charge solution that best suits their business needs.”

“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.”

In June, Mortgage Brain announced it had signed up nine lenders to its second charge sourcing system.