The aim of the platform, which has been developed over the last three years, is to improve the mortgage journey, as well as ensuring that the best deals are obtained for the customer, fee-free.
Having been developed over the last three years, the Mortgagez platform aims to eradicate pain points within a typical mortgage journey.
During the application process, information capture is streamlined and kept in one place to avoid duplication.
The offering also includes additional mortgage-related options integrated into the platform, including solicitor search options based on price, rating or location, as well as insurance options and removal quotes, which are going to be added soon.
Mortgagez’s ‘quick-quote’ tool facilitates the search for a mortgage across the whole of the market; according to the business, this typically takes under a minute and requires no physical sign-up.
Obtaining a quick quote will not impact a customer’s credit score.
Mortgagez said it does not aim to substitute human advice, instead offering a ‘hybrid’ model coupled with solutions from fully qualified CeMAP mortgage brokers.
Dave Miller, executive general manager – commercial, at Iress, said: “We’ve been working with the team at Mortgagez since their inception and we’re proud to have helped them create their state-of-the art platform.
“Mortgagez understand that while technology is the driving force in broker efficiency, human interaction is still paramount and their platform balances both sides of this equation.”
Vik Roda, founder of Mortgagez, said: “Having worked in the mortgage market for many years I had struggled to find a ‘go-to’ platform which combined streamlined information capture with smart mortgage solutions from experienced advisers.
“Ultimately it left me with no choice other than to develop such a platform myself.
“With the help of the fantastic team here at Mortgagez I firmly believe we have achieved this even if it has taken us a little longer than expected to get it absolutely right.”
