Sesame’s appointed representatives (ARs) can now choose to use the latest version of Mortgage Brain, after the system passed the network’s compliance process. ARs previously only had access to Mortgage Brain’s old version.
Mortgage Brain said it has already seen an “encouraging number” of Sesame members moving across to the system.
John Cupis, managing director for mortgages and general insurance at Sesame, said the companies had worked closely together during the design and development stages of the system.
He said: “MortgageBrain delivers real and substantial benefits to brokers and incorporates a number of features and capabilities that are simply unavailable elsewhere.
“Like the Key, we’re sure that Mortgage Brain’s latest system will play a pivotal role in enhancing the mortgage advice and sales process for our members.”
Mark Lofthouse, chief executive of Mortgage Brain, said: “We’re delighted to have completed this agreement with Sesame and look forward to working with its AR network.
“Lots of Sesame members that have not been able to use Mortgage Brain before are moving over. Our user numbers and market share have both increased substantially in the last 12 months and we now have 30% to 40% market share.”
