MCI Club has integrated its digital broker platform, Burrow, into Knowledge Bank’s application programming interface (API).

The club suggested move is to provide brokers with up-to-date criteria information when qualifying new and existing mortgage customers.

Through the Burrow platform, potential borrowers coming from search engines, a broker’s website or other channels, will answer a set of questions to receive a qualified, personalised mortgage report. MCI Club indicated that this is then available to the broker, enabling them to engage effectively with the customer.

The mortgage report uses a combination of product, affordability and criteria sourcing data, and the club added that the Knowledge Bank integration will provide more qualified and up-to-date eligibility information to enable to customers receive a wider range of options.

Knowledge Bank CEO, Nicola Firth, said: “Innovative technology providers such as Burrow and MCI Club recognise the value that criteria data adds to the advice process. Knowledge Bank is the UK’s most comprehensive mortgage criteria search system.

“By integrating with Knowledge Bank, the Burrow digital broker experience translates responses from consumers and matches these against over 100,000 criteria from more than 200 lenders. The effect will be to take client qualification to a new level, providing a wholly unique consumer experience and enhancing the reputation of the brokers who use both Burrow and MCI Club.”

Head of MCI Club, Melanie Spencer, added: “Following the launch of the Burrow platform in March 2020, we’ve continued to onboard several broker firms onto Burrow and they are already receiving greater volumes of qualified enquiries as the mortgage market re-establishes itself after the COVID-19 lockdown.

“Knowledge Bank increases the credibility of the platform by providing more up-to-date and qualified data to the end-consumer, ensuring better and more relevant conversations with our member brokers.”

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