Hundreds of SimplyBiz advisers switch to Mortgage Brain

PR Log (Press Release) – Jun 23, 2009 – SimplyBiz, the UK's fastest growing financial services support company, announced last month that it was offering Mortgage Brain's technology systems free of charge throughout 2009. Since then over 400 advisers have selected Mortgage Brain as their exclusive mortgage technology provider to support their business.

SimplyBiz advisers are now using Mortgage Brain's flagship sourcing system to enable them to conduct a quick, yet comprehensive, whole-of-market mortgage search and selection process to identify the best products to meet their client's needs.

The Key, Mortgage Brain's market-leading point-of-sale and back office solution, is also being used to control and manage the entire mortgage process from initial contact and fact find through to product sourcing, client management and seamless integration with insurance and protection companies.

With a further systems integration with the Mortgage Trading Exchange (mte), SimplyBiz Mortgages' members also have instant access to the industry's only true common trading platform and are now able to electronically complete and submit AIPs and Full Applications to lenders accounting for circa 70% of all mortgages sold.

Mark Lofthouse, CEO of Mortgage Brain, comments, "We're delighted to see so many SimplyBiz advisers making the switch to Mortgage Brain so soon. It's testament to our systems' capability, reliability and the credibility they have in the market place. We're proud to be working with SimplyBiz in its drive to deliver the best systems to support its advisers with their point-of-sale, mortgage sourcing and electronic trading needs."

Philip Holroyd, Managing Director of SimplyBiz Mortgages commented, “The offer of a free Mortgage Brain package is another way in which SimplyBiz has demonstrated its support to its member firms by offering products that improve their service proposition and bottom line profitability. Our strategic partnership with Mortgage Brain has clearly delivered real business benefit to members.”