You are here: Home - News -

IFonline to launch with roadshows in November

  • 01/10/2000
  • 0
IFonline, the independent mortgage-trading platform, will finally be ready for launch to its 3,000 p...

IFonline, the independent mortgage-trading platform, will finally be ready for launch to its 3,000 pre-registered intermediaries in November, writes Ben Marquand.

The long-awaited debut will be accompanied by a series of 15 national roadshows designed to advise mortgage intermediaries about the system.

IFonline aims to provide registered intermediaries with the ability to search, sort and select a mortgage online and follow its progress electronically.

The site will contain calculators and ‘total cost of credit’ comparison tools. It will also allow online agreements in principle and real-time case tracking.

Mike Douglas, sales and marketing director at IFonline, said the long delay between conception and launch was due to the detailed preparation of the site.

“It was a huge project, but we have always been on target to launch in November,” he said.

At present IFonline has the backing of over 70 lenders. A number of these are now fully online and ready to accept electronic applications, and the rest are currently nearing completion.

Douglas said: “If you are going to send electronic applications you have got to get the security right. Securing the encryption codes for applications and protecting the registration of intermediaries and lenders is a massive task.”

Some of the major lenders, such as Abbey National and Halifax, have not yet signed up to platform, but Douglas said that he was not disturbed by this.

“Once mortgage intermediaries demonstrate that they want a national independent trading platform I think the other lenders will sign up.”


There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.


Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.


Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.


Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
  • My week on Twitter 🎉: 104 Mentions, 47.7K Mention Reach, 66 Likes, 50 Retweets, 41.6K Retweet Reach. See yours with…
  • Our first day of the Mortgage Administrator iVent has been a great success – don’t forget to join us again tomorrow…
  • Mortgage Administrator iVENT 2018: How to spot mortgage fraud -
  • RT @DanielleDennis9: Our first ever virtual event is looking great! Make sure you log in today, take a look around the stands and watch the…
Read previous post:
IFA confidence boosted as 60% report steady increase in mortgage business

By Rachel Williams Research commissioned on behalf of the ZIFA Mortgage Network has confirmed that I...