Harpenden Building Society criteria provided by Mortgage Brain

11 May 2021

UK, May 11 2021: Mortgage technology expert Mortgage Brain has extended its partnership with Harpenden Building Society, taking on the provision of the criteria pages on its intermediary-facing website.

The pages break down the mutual’s lending criteria for both its residential and buy[1]to-let product ranges, and includes dozens of different criteria, ranging from the age of the borrower at application to details about the property such as its acreage and whether it is being purchased at auction. Criteria can be filtered based on a host of categories and topics, while there is also a dynamic search function meaning that potential criteria results are presented as the broker types.

The powering of the criteria pages is the latest stage of the partnership between Mortgage Brain and Harpenden. Earlier this year the two businesses collaborated on the design of an affordability calculator for the lender’s intermediary website, having previously relied on manual processes. It has proven so successful that the affordability calculator is now being utilised by internal staff too.

Craig Middleton, mortgage sales and distribution manager at Harpenden Building Society, said: “The new criteria pages are a fantastic addition to our intermediary website and will undoubtedly make it much easier for brokers to establish whether we can help with their client. We look forward to working with Mortgage Brain on further technological innovations which will support our broker partners.”

Neil Wyatt, sales and marketing director at Mortgage Brain, added: “We have always been clear about our determination to streamline the mortgage process and make it more efficient. Over the last year Mortgage Brain has embarked on a host of collaborations with forward-thinking lenders, putting our mortgage technology expertise to use in new and innovative ways which provide tangible benefits to brokers and their clients.”