To enter, brokers must be a subscriber to Knowledge Bank, and the prizes are available to both existing and new subscribers.
This year, prizes include an iPhone 13, flights to Jersey and a £200 D&D restaurant voucher.
Each of the 12 days has been sponsored by either a lender, one of the Knowledge Bank’s service partners, or a trade press publications, all of which have offered prizes for the daily giveaway.
The prize of the day will be revealed on an advent calendar on Knowledge Bank’s website.
The daily winners will be announced on social media and will be contacted personally by the Knowledge Bank team notifying them of their win.
Nicola Firth, CEO of Knowledge Bank, said: “It’s great that our campaign has become a fixture of the festive period.
“Brokers look forward to the prize draws, and with another incredibly busy year, the prizes are well deserved!
“We couldn’t run the campaign without the support of our brilliant sponsors, so we have to thank everyone who has donated a prize.
“The range of prizes this year are probably the best we’ve had, from the latest tech, to flights to Jersey.
“Our criteria database is bigger and more comprehensive than ever, and as a result, brokers have been flocking to join.
“Now, more than ever, being able to search a lenders’ criteria is an invaluable advantage and those who are using Knowledge Bank are really seeing the benefits.
“We want to wish everyone good luck for the first prize draw, and also a merry Christmas from everyone at the Knowledge Bank team.”