Mortgage Brain has welcomed the Cumberland Building Society to its Sourcing Brain and Criteria Brain platforms.
This new partnership will give brokers improved access to the building society’s range of mortgage products.
The Cumberland Building Society is known for its holiday let mortgages, which are available across the whole of the UK. It also provides residential lending to brokers located within their core operating areas of Cumbria, Southwest Scotland, North Lancashire and West Northumberland.
Once brokers join the building society’s panel, their client and property can be located anywhere in the UK.
This strategic move to join Sourcing Brain and Criteria Brain will help the Cumberland achieve its long-term aim of evolving its distribution strategy by adding more brokers to their panel in order to reach greater numbers of borrowers across the UK.
Home Mover, First Time Buyer and Remortgage residential product ranges will now be available to source via Mortgage Brain’s Sourcing Brain platform. In addition, brokers will be able to access the Cumberland Building Society’s product criteria via Criteria Brain.
Grant Seaton (pictured), head of intermediary lending at the Cumberland Building Society, said: “We’re delighted to team up with technology leader, Mortgage Brain, to offer brokers even greater access to our residential mortgage range. Our aim is to expand our presence in the intermediary market over time and this partnership promises to do just that.
“We look forward to the many opportunities to connect with more intermediaries and better support them in addressing the challenges of their cases.”
Neil Wyatt, sales & marketing director at Mortgage Brain, added: “A very warm welcome to The Cumberland Building Society to Mortgage Brain’s sourcing platforms.
“The inclusion of The Cumberland, known for its commitment to ‘kinder banking’, enriches our platforms, offering our community of over 15,000 intermediaries even greater access to valuable lending solutions.”