Free mortgage sourcing system for intermediaries

eMoneyfacts.co.uk, which has undergone a major revamp and is now more than a credible alternative to the existing systems currently available to the broker market.

eMoneyfacts is free to use for any broker, and offers both the broker and network markets a number of benefits including mortgage sourcing, transactional capability and much more.

Brokers and advisers have been calling for a system they know they can rely on when providing advice to their clients and the Moneyfacts reputation for accurate and whole of market data is at the heart of the new look eMoneyfacts.co.uk sourcing system.

eMoneyfacts.co.uk was established in 2004 as a free to use system for subscribers of the Moneyfacts monthly magazine. During this time, the website has built up a satisfied user base of over 8,000 brokers.

Paul Yallop Head of eMoneyfacts comments: “The new site has been based on the valuable feedback we’ve received from advisers and broker user groups and as a result we feel we now offer a real alternative to the existing sourcing systems. Launching as a free to use service is a hugely exciting evolution for eMoneyfacts.

“We’ve been receiving fantastic feedback from brokers already using the service. But we’re not resting on our laurels, and have a number of interesting developments lined up over the coming months.

Here are some of the key features of eMoneyfacts.co.uk

Residential, Sub Prime, Buy to Let and Commercial Mortgage sourcing
Free to use – no more monthly subscription costs to worry about
Fast, accurate, whole of market mortgage sourcing
Full product details, avoiding the need to obtain additional underwriting information
Comprehensive filters, meaning reduced search time for brokers
System designed to match the sales process – making client interviews more professional
eMoneyfacts has joined forces with UKValuation Ltd to offer free pre-valuation reports for a limited period.
A web based sourcing system – avoids having to waste valuable time waiting for updates
Product information updated as it happens, direct from Moneyfacts’ databases
True cost calculations possible for term of your choice in years and months
Fully integrated with MTE (Mortgage Trading Exchange)
Unique compliance centre including product knowledge testing with free email access to a panel of compliance experts
Includes IDD, Fact Find, Audit Report, Suitability Letter and diary system
Commercial Mortgage search option
Business Club – offering access to a range of exclusive business deals to provide clients with better deals
Access to the Moneyfacts’ news bulletin and the product update bulletin – ensuring you have the latest product sent to your inbox twice a day
Access to product information on all personal finance products – Savings, ISAs, Personal loans, Credit Cards and Current Accounts

Yallop continues: “We’re already finding that many brokers are moving away from their current sourcing systems, as they discover the many benefits that eMoneyfacts.co.uk has to offer.

“eMoneyfacts offers the broker and networks much more than a mortgage sourcing system, it is a one stop online shop that provides access to everything you’ll need to give your clients a seamless and highly professional service.”