Mortgage Brain completes API integration with Aldermore

Published on

Mortgage Brain has completed a significant API integration with specialist bank Aldermore to enhance the accuracy and speed of mortgage criteria searches.

The new technology allows brokers to access real-time product and criteria updates directly from the intermediary section of Aldermore’s website, covering both residential and buy-to-let products.

By automating the update process, Aldermore can now apply changes across its systems through a single, centralised mechanism, removing the need for multiple manual inputs and significantly reducing the likelihood of data discrepancies. The result is a faster and more reliable sourcing experience for brokers.

Neil Wyatt, sales and marketing director at Mortgage Brain, welcomed the development, noting its broader implications for the market.

“We are thrilled to partner with Aldermore and to integrate our API technology with their systems,” he said. “We believe in being ‘better together’, uniting lenders, brokers, and networks in order to drive positive change for the industry overall. We want searches to be simple and accurate, so that brokers can concentrate their time on keeping their clients happy. We look forward to making this happen with Aldermore.”

Real-time access to lender criteria means improved suitability and faster decisions, with the added benefit of a more streamlined fact-finding process. Time previously spent navigating outdated information can now be focused on advising clients, reinforcing trust and strengthening relationships.

Jon Cooper, director of property distribution at Aldermore, highlighted the operational gains for the lender as well. “Integrating Mortgage Brain into our system will help our team stay updated on product changes, benefiting both brokers and clients,” he said. “Keeping criteria current ensures brokers receive accurate results first time, which can be the difference between a borrower securing their dream home or losing it.”

From Aldermore’s perspective, the automation of criteria and product updates not only enhances internal accuracy and resource efficiency but also offers a scalable and cost-effective solution for long-term system development. As the bank continues to grow its specialist lending proposition, the ability to expand its product range without major overhauls to infrastructure will be increasingly valuable.

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Cambridge BS opens applications for deposit-building Rent to Home scheme

The Cambridge Building Society has opened applications for its Rent to Home property in...

Life changes could create new wave of accidental landlords

Changes in personal circumstances rather than investment plans could push more homeowners into the...

Remortgage searches jump 40% as borrowers return after summer

Remortgage activity drove a sharp rise in mortgage searches during September, with Twenty7tec recording...

Step One Finance adopts OMS origination platform

Step One Finance has introduced a bespoke loan origination system developed with One Mortgage...

Yorkshire BS HQ woodland found to have high biodiversity value

A four-hectare area of woodland at Yorkshire Building Society's Bradford headquarters has been identified...

Latest publication

Other news

Cambridge BS opens applications for deposit-building Rent to Home scheme

The Cambridge Building Society has opened applications for its Rent to Home property in...

Life changes could create new wave of accidental landlords

Changes in personal circumstances rather than investment plans could push more homeowners into the...

Remortgage searches jump 40% as borrowers return after summer

Remortgage activity drove a sharp rise in mortgage searches during September, with Twenty7tec recording...