BrokerSense Marketplace – Better connecting underserved mortgage borrowers with the specialist lenders who can serve them.

BrokerSense Marketplace – 更好地将服务不足的抵押贷款借款人与可为他们提供服务的专业贷方联系起来。

• 批准号: 85402
• 金额: $ 6.46万
• 依托单位: LAZY DOG SOFTWARE LTD
• 依托单位国家: 英国
• 项目类别: Collaborative R&D
• 财政年份: 2020
• 资助国家: 英国
• 起止时间: 2020 至 无数据
• 项目状态: 已结题
• 来源: https://gtr.ukri.org/projects?ref=85402
• 关键词: BrokerSense; Marketplace; Better; connecting; underserved

There is a clear existence of a bias in the mortgage market that is affecting people whose mortgage application is considered non-standard, be it either related to their income situation (self-employed, bad credit history, etc.) or to the property for which they are requesting a mortgage loan (Large Concrete Panel construction, knotweed on property grounds, etc.).Indeed, while a number of specialist lenders exist to serve this market, their offer often does not meet demand due to the existence of multiple lending criteria that render such applications very complex.In the context of COVID-19, this issue will affect a growing proportion of applicants, as the labour markets are facing a strain with 7.5 million employees on furlough and a clear increase in zero-hour contracts, all the while lenders are becoming more risk-averse and the house mortgage market is seeing a contraction.Mortgage brokers are critical intermediaries in the industry. They support clients going through the process of finding a mortgage offer that suits their situation. However, mortgage brokers charge a proportion of the loan at completion, which reduces their incentive to support less time-worthy complex cases. Specialist brokers would accept difficult cases but typically charge fees that are 5 times higher.In this project, Lazy Dog Softwares will build a first-of-class service able to suggest the most relevant lender for a given client, significantly reducing the time spent by brokers searching for a matching loan offer. Lazy Dog Softwares is thus planning to transform its existing solution, BrokerSense, to do so. BrokerSense is a SaaS platform allowing UK-based brokers to search mortgage lenders based on their affordability. In this project, BrokerSense will be transformed into a two-sided marketplace linking brokers and lenders on one tool through data on their clients. Using this data, we will develop a solution able to significantly reduce time spent by brokers searching for mortgage offers specially in complex cases.The results of our project will improve the capacity of the market to serve the needs of clients in complex situations while reducing the financial burden on them. It will therefore have a strong impact on the inclusivity and equity of the mortgage market that is critical for UK taxpayers in a context of economic contraction.

有一个明显存在的偏见，在抵押贷款市场，这是影响人们的抵押贷款申请被认为是非标准的，无论是与他们的收入情况（自雇人士，不良信用记录等）。或他们申请抵押贷款的财产（大型混凝土板建筑，在财产上种植的虎杖等）。事实上，尽管有许多专业贷款机构为这一市场提供服务，但由于存在多种贷款标准，使此类申请变得非常复杂，因此它们的贷款往往无法满足需求。在COVID-19的背景下，这一问题将影响越来越多的申请人，因为劳动力市场正面临750万员工休假和零时合同明显增加的压力，与此同时，贷款人变得越来越不愿承担风险，住房抵押贷款市场正在萎缩。抵押贷款经纪人是该行业的关键中介。他们支持客户通过寻找适合他们情况的抵押贷款的过程。然而，抵押贷款经纪人在完成贷款时收取一定比例的费用，这降低了他们支持不太值得时间的复杂案件的动力。专业经纪人会接受困难的情况下，但通常收取的费用是5倍。在这个项目中，懒惰的狗软件将建立一流的服务，能够建议最相关的贷款人为给定的客户，大大减少经纪人花在寻找匹配的贷款报价的时间。因此，Lazy Dog Software计划改造其现有的解决方案BrokerSense。BrokerSense是一个SaaS平台，允许英国经纪人根据他们的负担能力搜索抵押贷款机构。在这个项目中，BrokerSense将转变为一个双边市场，通过客户数据将经纪人和贷款人连接在一个工具上。利用这些数据，我们将开发一种解决方案，能够大大减少经纪人在复杂情况下搜索抵押贷款的时间。我们项目的结果将提高市场的能力，以满足复杂情况下客户的需求，同时减轻他们的财务负担。因此，它将对抵押贷款市场的包容性和公平性产生重大影响，这在经济紧缩的背景下对英国纳税人至关重要。