Acre has reported a significant increase in mortgage volume on the platform in the first six months of 2023 and helped its 10,000th family get the protection they need on a protection-only case.
This growth reflects an over 400% year-on-year growth in mortgage volume for Acre.
Looking forward, Acre expects to expand its mortgage club and network partnerships, while also adding new tech and data capabilities to help brokers have a different type of discussion with clients about buying a home and preventing foreseeable harm. Acre also plans to extend its client portal beyond the current consumer credit report to allow credit report refreshes, giving the homebuyer a place to monitor their entire financial wellbeing.
Justus Brown, CEO and founder of Acre, said: “The mortgage industry is creaking under the strain of the ever-changing housing market. Brokers need to be savvy in minimising the pain homeowners face when looking for a new mortgage or remortgaging. Resilience comes down to having the right information and acting swiftly.
“Our technology makes that possible and it is wonderful to see the market respond so well to what we are trying to achieve. Our focus for the rest of the year is how we can make brokers work simpler, easier to stay accountable and, most importantly, not put clients at any unnecessary financial risk.”
George Williamson, director and adviser at Mortgage Advice Brokerage, added: “The Client Portal in Acre has been a game changer for us and our clients, especially the Credit Reports that auto-populate into the CRM and then into Sourcing, without us having to type anything – this makes it so much easier and accurate”