6.04 COVERAGE

Criteria platforms, like mortgage sourcing systems, often cover different product areas. Both providers say their system is whole of market (for the product sectors they offer). For example, Knowledge Bank has over 123,000 individual pieces of criteria from lenders.

Figure 6.07: Does the provider describe the system as being “whole of market”?

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Knowledge Bank has over three times the numbers of lenders on its platform than Criteria Hub. This is largely due to the wider range of product categories that it contains criteria for.

Figure 6.08: Number of lenders on the system as of 30 September 2020

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Criteria Hub cover first charge residential mortgages and buy-to-let, whereas Knowledge Bank also covers a number of other specialist mortgage areas.

Figure 6.09: Product areas a user can access

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Knowledge Bank provides users with the ability to compare criteria for remortgages with that for second charges.

Figure 6.10: Can users compare remortgages to second charges?

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This data was collated in January 2021. Trek Publishing Limited accepts no liability for loss or damage to material submitted for publication.
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