Independent buy-to-let mortgage broker Mortgages for Business has launched its specialist whole of market sourcing and portfolio management tool, Mortgage Flow.
Mortgages for Business claims Mortgage Flow provides a comprehensive, up to the minute screen based reference library of the best buy-to-let mortgages currently available in the market and also allows brokers to fully submit and track the progress of their cases online 24 hours a day.
The sourcing system - which is a rebranded and updated version of the firm's previous Blue Sky offering - is available to existing clients for a reduced price, with new customers offered free 14 day trial.
Mortgages for Business says it expects of roll out a portfolio management tool in mid February, which will form part of added the functionality it expects to roll out as the year progresses. The firm is also working in conjunction with mortgage lenders BM Solutions and The Mortgage Works (TMW) to integrate the offering with the lender's systems to "make life easier" for users.
"Fundamentally pretty much all sourcing systems are residential and do not do buy-to-let very well because it is not their primary aim," explains Nick Blunt, head of business partner development at Mortgages for Business.
"May of them do an 'ok' job. Our system is buy-to-let and buy-to-let alone," he concludes.IFAonline
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