BLOG: Say hello to the future of mortgage lending 

SAY GOODBYE to the old mortgage process SAY HELLO to the future of mortgage lending 
 
The mortgage application process hasn't changed much over time. Yes, it’s had a few tweaks along the way, but it’s never had a complete overhaul. Until now.  
 
The mortgage market has reached a tipping point 
 
Mortgages haven’t evolved in almost a century, unable to break free from the status quo and tradition. The industry has been mired by constantly shifting regulations, processes built on top of processes and progress restricted by legacy systems. We have reached a tipping point. We understand pressure on margins means lenders need to reduce operating costs. Customers demand more and expect seamless application experiences. Technology has evolved rapidly in recent years, it’s now time for a mortgage revolution. 
 
Time for disruption 
 
Designed from the ground up, the Mortgage Hub puts customer experience first. Powered by open banking technology, it's transparent, secure and fast. Mortgage Hub is the first ‘digital by design’ white-label mortgage platform in the UK. The revolutionary platform covers the entire mortgage lifecycle from origination to post-completion servicing and product switch. 
 
Leveraging Open Banking and API technology, the Mortgage Hub is making the cumbersome mortgage process far more efficient, eliminating the need for repetitive data entry. The approach means borrowers can benefit from a highly accurate decision-in-principle in under 20 seconds. The platform, launched earlier this year, provides agility and increased accuracy to help improve the user experience. 
 
We admit it, we're biased, so don't just take our word for it! 
 
We're delighted to share that the Mortgage Hub won ‘Innovation Award of the Year' at the 2021 National Credit Awards! We are in illustrious company as other winners of the credit industry ‘Oscars’ included Virgin Money and Starling Bank. The prestigious award recognises how Mortgage Hub is transforming the home buying process. 
 
Stuart Anderson, Chief Commercial Officer, said: 
 
"Target Group created the Mortgage Hub in collaboration with experts from parent Tech Mahindra's portfolio companies. Combining mortgage market expertise with leading-edge technology and award-winning customer experience design. We are incredibly proud of Mortgage Hub and look forward to seeing the platform transform the mortgage experience by putting the customer firmly at the heart of the process" 
 
Transform your customer experience, transform your business 
 
Taking data-driven development to the next level, we're empowering banks, building societies, brokers and specialist lenders to delight their customers. Mortgage origination is complex, involving a host of third parties and their systems that don't talk to each other. Neither do they speak to you, the lender. You have the power to do something – to make customer dreams become a reality. 
We've built a way to address deep-rooted issues in the market directly. We've created a new normal for the industry. We've streamlined the origination workflow for lenders, brokers, and customers using cutting-edge technology and behavioural science. 
 
You'll get reduced operating costs, increased broker throughput and simplified admin. The Mortgage Hub can turn an average 14-day completion into less than two days. From Open Banking to address lookups, with our Hub you not only get a world class product, you also get the future. 
 
Experience the revolution for yourself 
 
To understand why the Mortgage Hub is genuinely unique and to discover the many ways it will benefit your business, book a demo at: www.TargetMortgageHub.co.uk

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