Brokers can now search lenders’ policies on a range of new issues using Criteria Hub.

The criteria searches recently added to the system, which is owned by Mortgage Brain, include lenders’ policies regarding contractors in the construction industry; the maximum number of storeys in buildings where there is no lift; purchases of off-plan properties; splitting of a title deed on completion; sole application joint proprietor; tower blocks with cladding; and applicants on furlough.

Mortgage Brain intermediary sales director Sharon Marshall says: “It’s been a tumultuous time for the mortgage market of late, with lenders and brokers alike having to rapidly adapt to the challenges presented by Covid-19. 

“But even outside of the pandemic brokers are faced with an ever-changing and complex criteria landscape, which is why Criteria Hub is such an important innovation, making it far easier for advisers to understand lenders’ policy and identify the right products for their clients.

“It’s crucial for us to respond to how the market is changing which is why it’s so vital that we continue to expand the number of criteria on the platform. 

“We would like to pay tribute to advisers for their amazing support, and to lenders who have recognised our mission and embraced it.”