Criteria Hub has added 100 new buy-to-let and residential search criteria, its parent, Mortgage Brain, has announced.
Criteria Hub, acquired by Mortgage Brain in March, has expanded its niche criteria and existing searches, largely based on suggestions from both adviser and lenders using the system, increasing the existing 700 search criteria which provides over 45,000 lender entries for advisers to search.
Some of the additional search criteria include: buy-to-let with refurbishment needed, buy-to-let unemployed applicants, residential and buy-to-let with escalating ground rents.
Mark Lofthouse, CEO of Mortgage Brain, said: “Access to specific lending criteria is becoming even more vital, as vanilla cases are no longer the norm. The majority of the new criteria were suggested by brokers and lenders already using Criteria Hub.
“By expanding the search terms following feedback, we continue to show our support for our customers and recognise their input as integral to providing the systems that they need.
“Our advisers can now provide even better advice and lender options to their customers. Our proposition continues to transform the mortgage process, and this development represents our continued commitment to listen, invest and innovate.”
Mortgage Brain saw a 70% increase in usage in the first six months post acquisition of Criteria Hub.
