The UKmortgages app was launched in April and contains details of broker-only mortgage products and advisers across the country, with mortgage comparison information on the free application.
The product aims to create a new sales channel for brokers by recommending them to potential consumers using the ‘find a broker’ tool. All brokers who use Mortgage Brain’s mortgage sourcing systems are promoted on the app.
Although currently only available on iPhone devices, iPad and Android versions of the product are in development.
Mark Lofthouse, CEO at Mortgage Brain, said: “The initial consumer downloads and adoption of our app, along with broker participation within our ‘find a broker’ function, is absolutely fantastic.
“The app, being the UK’s most comprehensive mortgage search, compare and review mobile application available, is having a major impact amongst consumers.
“The most important aspect of the app, however, is the fact that real leads are being put through to brokers at no cost to the broker.
“This is fantastic news for the mortgage intermediary market and reinforces the time and investment spent in developing the app, which has a primary function of supporting brokers and their new and on-going sales opportunities.”
