Copy article

Mortgage Metrics - Broker Feedback

Journalist: Newspage News Desk, Freelance

ended 17. January 2024

Mortgage metrics: The must-have alert system for brokers

"We track falling mortgage rates between application and completion, so you don’t have to"

  • Have you used mortgage metrics?
  • How long have you used it for?
  • How much time is it saving you?

This is for the Advisers Assemble podcast and audio clips are preferred (although we can read out your comments).

Leave a link to a TikTok, or Instagram Reel or Send a WhatsApp voice note to: 07453417186

*backlinks will be provided to those featured

 

4 responses from the Newspage community

Copy all

Copy

Editor
Justin Moy
Managing Director at EHF Mortgages
We have been using Mortgage Mterics for a numbe ro fmonths now, has become an essential piece of our online kit. Ideal for those who mostly work with the high street lenders, so where many lenders have a degree of volume, but the prompts are ideal to keep on top of the frequent change of products for PT's, Remortgages and purchases. I would argue the best £20 a month I spend, just needs to add a few more lenders that it supports.
Copy

Editor
Stephen Perkins
Managing Director at Yellow Brick Mortgages
Don’t use this currently, but have considered it. Would like to see more lenders supported and a pricing plan for larger firms to bulk buy multiple adviser licences cheaper.

The main shortfall aside from only 12 lenders is that it only spots rate drops from the existing selected lender, but as advisers we look to check all lenders for cheaper products that may maximise the savings to clients.
Copy

Editor
Rohit Kohli
Director at The Mortgage Stop
We recently started using Mortgage Metrics following months of frustrating rate changes. So far I am happy with it - it has reduced some of the time we have had to spend on checking for reductions and if/when more lenders are added to the platform then I can only see it become a much-needed tool in our armoury.
Copy

Matthew Jackson
Director at Mint FS
There is nothing like Mortgage Metrics - we love tech that works for our clients and this is the definition of that.

Been using it for a few months and it is invaluable for tracking rates on offered cases and responding to clients quickly. Remove the need to monitor manually and free up the adviser's time to talk to more clients, there is no downside to it.

Hopefully, more lenders will come on board in time, but as with all new apps, this will require brokers to use it and force the lender's hands.