The system is in its final stage of testing and is designed to be used both offline and online. It will enable intermediaries to work quickly and efficiently to source and select the best products for their clients. Intermediaries will be able to conduct around 80% of the mortgage search and selection process from one screen, conduct multiple client specific searches and generate personalised best buy tables.

Current Mortgage Brain users will be able to upgrade to the system at no additional charge as part of the product roll-out programme. A comprehensive series of nationwide training seminars, together with online training and supporting documentation, will also be available to aid transition.

Throughout the entire product design and development, Mortgage Brain consulted and worked with individual advisers, larger companies, Appointed Representative (AR) networks and mortgage clubs to ensure their business requirements would be met.

Mark Lofthouse, chief executive of Mortgage Brain, commented: “We are not just talking about an incremental upgrade to our current, market leading systems; this really is a totally brand new product. It provides brokers with facilities and features not available anywhere else and its sourcing capabilities are far superior than those in any other system currently available.”

He added: “It has been purposefully designed, for example, to enable intermediaries to get the best mortgages available for their clients in the shortest possible time and its unique online and offline functionality also offers intermediaries enhanced flexibility and portability. I am sure it will prove to be a big hit.”

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