Mortgage Brain has teamed up with eConveyancer to offer its users access to eConveyancer’s nationwide network of conveyancing firms.
Through seamless data transfer between systems, Mortgage Brain users now have access to two of the UK’s primary conveyancing systems. In June, Mortgage Brain became the first mortgage sourcing company to integrate its software with LMSs conveyancing system.
The eConveyancer initiative will enable users of Mortgage Brain’s Mortgage Broker sourcing, compliance and point-of-sale support system to access the eConveyancer software platform free of charge. The platform allows users to instruct on-line, check costs, and receive automatic updates on each transactions progress, from a nationwide panel of over 150 solicitor firms. As part of the deal, Mortgage Brain users will receive a fee of £100 for every conveyancing instruction completed by eConveyancer.
Nigel Hoath, managing director at eConveyancer, commented: “The integration of our software with Mortgage Brain will enable introducers, as part of their normal sales process, to provide their clients with a compliant conveyancing service at the touch of a button, and earn substantial extra revenue for little effort or investment. eConveyancer, by acting as a conveyancing trading platform, enables introducers to earn from conveyancing, but not at their client’s expense as the solicitor’s aim is to provide extremely competitive prices without compromising quality. It also features a case tracking system that provides regular updates on the progress of a transaction and the option for introducers to add their own preferred solicitors to the panel.”
Mark Lofthouse, CEO of Mortgage Brain added: “We are committed to providing our customers with value added services and partnering with appropriate organisations that can help them generate additional revenue streams. eConveyancer is an ideal partner for Mortgage Brain as our respective products and services complement each other and our systems are the most widely used by introducers. This is a tremendous offer, which has the potential to deliver improved customer service, greater levels of productivity and profitability for our users.”