Leeds Building Society is set to pair with Mortgage Brain, a technology provider for the mortgage industry, in an innovative collaboration intended to streamline the mortgage search process for intermediaries. This will be achieved through the introduction of a fully customised Criteria Brain integration on Leeds Building Society's intermediary website.
Mortgage Brain will directly power the lender's criteria policy pages on their website, facilitating easier access to comprehensive and current information on both residential and buy-to-let mortgage ranges. This initiative will not only save Leeds Building Society essential time, with the lender now only required to update policy information from one entry point, but it will also reduce the administrative workload for both brokers and lenders.
This advancement in the mortgage search process brings with it several key benefits. Automatic updates will ensure that website criteria information remains current for both Mortgage Brain users and brokers. The central point of data input eliminates inefficient rekeying of information, thereby saving brokers crucial time and reducing pre-application policy calls to the lender. Significantly reducing administrative workloads, it also reassures brokers that the information they access is the most current, enabling them to cater effectively to their clients' varied needs.
Neil Wyatt, Sales and Marketing Director at Mortgage Brain, emphasised the company's dedication to improving the mortgage process by leveraging proven and innovative technology. He highlighted Mortgage Brain's recent collaboration with Leeds Building Society as a prime example of this commitment, demonstrating their focus on simplifying mortgages through innovative solutions.
Neil Wyatt said, "At Mortgage Brain, we are dedicated to streamlining and enhancing the mortgage process through the sharing of proven technology. Our latest collaboration with Leeds Building Society is a key example, showcasing our commitment to simplifying mortgages through innovation." Neil Wyatt further added that this initiative with Leeds Building Society is "part of a growing trend, as more lenders choose our technology to enrich their website policy pages, recognising the value it brings to the industry."
James O'Reilly, Head of Intermediary Partnerships at Leeds Building Society, confirmed this sentiment: "The integration of these new criteria pages will further simplify the process for brokers and is the latest in a series of innovations the Society has delivered." James O'Reilly highlighted that this venture with Mortgage Brain enables their intermediary partners to provide more precise and efficient services, reflecting their commitment to excellence in mortgage lending services.
Mortgage Brain, renowned for its proactivity in supporting lenders, networks, entities and intermediary mortgage advisers, has consistently been at the forefront of technological innovation aimed at enhancing mortgage procedures. This collaboration with Leeds Building Society further attests to their ongoing efforts to simplify mortgage processes while delivering accurate and current data for all involved in the process.