Age Partnership triples standard mortgage lending through Knowledge Bank
Age Partnership has tripled its residential and buy-to-let mortgage business since signing up to criteria searching system Knowledge Bank.
"This is exactly why Knowledge Bank exists; to make life easier for brokers and intermediaries to place cases."
Age Partnership offers a standard mortgage solution for over 50s who don't qualify for its equity release products or whose circumstances better suit a traditional residential or buy-to-let mortgage.
Age Partnership's mortgage desk manager, Anthony Barratt, said: “Since using Knowledge Bank, we’re able to deal with our clients’ cases in a much more time efficient way. This frees up time for our advisers to provide the client lead service that we pride ourselves in, as well as giving them time to speak to an ever increasing number of clients.
“As a result, we have seen the amount of business we are writing more than treble, which is an amazing result.”
Nicola Firth, CEO of Knowledge Bank, commented: “This is exactly why Knowledge Bank exists; to make life easier for brokers and intermediaries to place cases.
“We now have more than 70,000 individual criteria being kept up to date by more than 150 leading lenders across residential, buy to let, equity release, self-build, second charges and overseas mortgages.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
This week's biggest stories:
Santander
Santander launches 98% LTV ‘My First Mortgage’
First-time Buyer
Improved affordability sparks 20% rise in first-time buyers: NationwideÂ
Inflation
Further rate cuts dampened as inflation rebounds to 3.4%
Mortgage Rates
Two Big Six lenders increase mortgage rates as swaps rise
Interest Rates
Looser Fed policy stance could slow further rate cuts, policymakers warn
Vida
Vida launches high LTV 'Pathway' mortgage range