Pepper Money now on Affordability Hub

Published on

Pepper Money has become the latest lender to go live on Mortgage Brain’s Affordability Hub.

Affordability Hub formally launched last year and provides advisers with the ability to source products for their clients based on the results from the affordability calculators provided by partner lenders.

It is available at no added cost to fully registered users of Criteria Hub, Mortgage Brain’s criteria-based sourcing system, as part of their existing license.

Paul Adams (pictured), sales director at Pepper Money said: “Affordability is an important consideration for brokers in choosing the right lender for their customers, and often the most suitable lender may not be one they first consider particularly if there is some complexity in the way the customers earn their income.

“A platform like Affordability Hub is a great tool in helping brokers to quickly and easily research the available mortgage options and is particularly useful as brokers can see the maximum loan size available from high street lenders alongside specialist lenders like Pepper Money. As we take a hands-on approach to underwriting every application, there may be scenarios where we are better equipped to meet the customer’s needs than a high street lender.

“By considering a wider group of lenders, brokers can be confident they have sourced the best solution for their customers.”

Neil Wyatt, sales & marketing director at Mortgage Brain, added: “Momentum is building behind Affordability Hub, with advisers carrying out hundreds of searches every hour on the platform.

“The system is a game changer for advisers, allowing them to use their time more efficiently, safe in the knowledge that Affordability Hub has provided a fully compliant audit trail to support their advice. It is already making a big difference to the workloads of adviser businesses of all sizes.”

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

The 4.3 million borrowers your pipeline is probably missing

There are 4.3 million self-employed workers in the UK and nearly one in five...

Mortgage industry bodies launch new ED&I survey

AMI and IMLA have launched a new industry-wide survey aimed at measuring progress on...

Landbay turns to broker education as Renters’ Rights Act reforms approach

Landbay is set to host a broker-focused webinar examining the implications of the Renters’...

Fleet cuts five-year buy-to-let fixes and widens 75% LTV options

Fleet Mortgages has cut pricing on selected five-year fixed buy-to-let products and expanded its...

HSBC UK cuts mortgage rates by up to 25bps across residential and buy-to-let range

HSBC UK has reduced mortgage rates across parts of its residential and buy-to-let range,...

Latest publication

Other news

The 4.3 million borrowers your pipeline is probably missing

There are 4.3 million self-employed workers in the UK and nearly one in five...

Mortgage industry bodies launch new ED&I survey

AMI and IMLA have launched a new industry-wide survey aimed at measuring progress on...

Landbay turns to broker education as Renters’ Rights Act reforms approach

Landbay is set to host a broker-focused webinar examining the implications of the Renters’...