Legal & General Mortgage Club has attracted 1,000 broker registrations in the first week after launch of SmartrCriteria, its criteria search system.
SmartrCriteria offers advisers 394,000 criteria outcomes from more than 95 lenders across the residential, buy to let and new build sector. Legal & General Mortgage Club also has plans to expand the system to later life lending and other sectors soon.
The system was trialled with four different mortgage broker firms including MSN, First Mortgage Direct, Springtide and Alexander Hall.
Legal and General Mortgage Club said it will continue to update the system and is keen to receive any feedback from brokers.
Kevin Roberts, director, Legal & General Mortgage Club comments: “It’s fantastic to see what great uptake SmartrCriteria has had in just one week. Searching for the right mortgage can be a timely process, so it’s great to see how by harnessing technology we can support more brokers to find the best mortgage for their customer and ultimately make their clients’ home ownership dreams a reality.
“At Legal & General Mortgage Club, we’re determined to do the heavy lifting for brokers, allowing them to focus more of their time giving good advice. This is just one of the steps we’re taking to improve the end to end mortgage journey and streamline applications.”
Victoria Hartley is contributing editor at Mortgage Solutions, Specialist Lending Solutions, Your Money and Your Mortgage at London-based publishing company AE3 Media.
She has an MA in Radio from Goldsmiths after gaining a 2:1 in a Comparative American Studies BA at Warwick University. She also holds a TEFL qualification and taught overseas in Mexico and Japan from 1994 to 1997.
Her role includes editorial oversight of the news, analysis and features, event content management and strategic and editorial consultancy for the AE3 Media group. She is an experienced video, broadcast and live-event host and regularly chairs web and podcast debates and interviews.
Multiple award nominations have resulted in two wins: Santander Media Awards, trade journalist of the year and Headlinemoney Awards, mortgage journalist of the year (B2B). Here is one of the award-winning pieces: https://www.mortgagesolutions.co.uk/news/2011/07/21/exclusive-tale-bailey-fraud-witness/
Previous roles include editorships of Mortgage Solutions, consumer title What Mortgage and trade title Credit Today as well as a stint freelancing for a variety of outlets including The Guardian and Which? Money.