Target Group has unveiled Mortgage Hub, its new mortgage originations system.

Over two years in development, it provides the lender and broker with a single view of what is happening on every case so both know exactly what is happening at any given time without the need for extra emails, phone calls, notifications or chasing.

It was developed in this way after months of research where Target spoke to brokers, lenders, conveyancers, surveyors, and borrowers.

Mortgage Hub is modular by design, and “highly” configurable, Target says. It will link with other systems and platforms including panel managers, CRM systems, product, and criteria sourcing systems. This integration avoids the need for brokers to input their client details multiple times.

Katie Pender, managing director at Target Group, said: “We thought carefully about the design of the Mortgage Hub to make it as easy to use as possible. It has been a long time in development and pilot in order to ensure that it is as close as possible to what people throughout the mortgage industry say they need to make their lives easier. This means the process is now simpler and quicker for borrowers and all involved.

“Because we know that things don’t stand still, we have also built in the ability to update the Mortgage Hub at speed, so we can be highly responsive to lenders’ changing needs. This also means we can update it quickly as the economic environment changes. There have been so many sudden changes in our market in the past few years with the pandemic, stamp duty holidays and the fallout from the Liz Truss budget, we wanted to be able to respond to any other potential future events instantly and with the Mortgage Hub we can.”