Smartr365 celebrates new milestone as it now covers half of the UK market
Smartr365 today announces that, through its lender partnerships, it now covers more than half of the UK mortgage market by volume, with an expected rise to 62% in the first quarter of 2023.
The adoption of technology in the mortgage market has been steadily increasing over the last five years, before which appetite for lender integration was non-existent. Starting with an industry-first partnership with Halifax three-and-a-half years ago, Smartr365 has made breakthrough achievements in this space and is now the industry’s leading end-to-end mortgage platform.
Following the announcement of its API integration with Nationwide earlier this week, Smartr365 expects to reach over 6,000 users by the end of June 2023, with two major network integrations already in the pipeline, in addition to key strategic relationships with the likes of SBG and the L&G Mortgage Club.
As another successful year draws to a close, Smartr365’s end-to-end functionality will soon be available to more than 75% of UK brokers , either directly or via integration.
The Smatr365 platform, offers a range of services, from automated digital ID and open banking, to protection, conveyancing, and a fully automated GI sales process with Uinsure. Their platform offers all key market stakeholders – Introducer, Broker & Client – a seamless, time-saving solution for mortgage applications.
Conor Murphy, chief executive officer, Smartr365 commented: “The mortgage market has historically been reluctant to adopt technology so looking at the sector now it seems almost unrecognisable from what it was just four years ago when Smartr265 was born.
“Our mission was always to revolutionise the mortgage industry through tech – and we are proud to say that we are now at a point where we can say we have done exactly that.
“As we reach this major milestone, we’re excited to continue supporting more and more brokers with our services, via valuable partnerships with our industry counterparts or directly, in 2023 and beyond.”