Mortgage Brain launches ConveyancingBrain

The free to use online system offers instant access to conveyancing quotes, reports and the ability for brokers to manage ongoing cases, view case details and add case notes to solicitor’s files.

With commission payments of up to £300 per case the service will offer brokers an additional income stream.

Mark Lofthouse, chief executive of Mortgage Brain, said: “Our commitment of providing mortgage brokers with value added products and services that can help them generate additional revenue streams is as strong as ever.

“Wherever possible we want to make sure brokers have instant access to a comprehensive range of complimentary services that they can use to maximise their earning potential and at the same time, provide the best possible service to their customers.

“The launch of ConveyancingBrain achieves all of these objectives and represents another step in our long-term business strategy which we’ve developed to support the UK mortgage market.”

ConveyancingBrain’s panel of solicitors all have Conveyancing Quality Scheme (CQS) accreditation.

Brokers will be able to obtain a range of conveyancing quotes including property sale, purchase, sale & purchase, remortgage and transfer of equity.

All quotes are automatically saved on the system and valid for 21 days, while brokers can adjust what they want to earn on individual quotes.