Twenty7Tec has revealed that the number of Directly Authorised (DA) mortgage brokers subscribing to its MortgageSource platform increased by nearly 2,000 over 2017.

Meanwhile, over 400 new DA users have subscribed to MortgageSource so far in 2018.

MortgageSource provides mortgage intermediaries with the ability to source mortgages, secured and bridging loans, and is integrated via API into over 10 CRM (Customer Relationship Management) systems.

In the last year, a number of prominent Directly Authorised firms subscribed to MortgageSource, including the likes of The Buy To Let Club, Alexander Hall, Knight Frank, Foster Denovo, New Leaf, Contractor Mortgages Made Easy (CMME), Key Solutions and Ingard.

Phil Bailey, director of intermediary solutions for Twenty7Tec, said: “The growth we have experienced in the past year in user numbers has exceeded even our own expectations and is testament to the exceptional solutions delivered by our team. We expect to announce further significant user growth during 2018 and are delighted to be working closely with some of the most important names in the market as we embark on the next stage of our development.”

Dominic Scott, director of Alexander Hall, added: “It was clear from the beginning that Twenty7Tec was the right partner for us. A modern world requires modern mortgage sourcing. Using lenders criteria and intelligent filters, MortgageSource will result in our advisers spending less time searching for products and more time providing quality advice. Twenty7Tec’s API driven attitude is the clearly the future of our industry and Alexander Hall intend to be at the forefront of this industry evolution.”