Excellent tool for professional mortgage advisers
Excellent tool for professional mortgage intermediaries that cuts out a lot of work and saves the busy broker hours of their valuable time. Very reasonably priced
25 September 2019
Unprompted review
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Company details
Information provided by various external sources
On demand affordability checks and product sourcing for mortgage brokers
Contact info
Park Cross Street 32, LS1 2QH, Leeds, United Kingdom
- brokersense.co.uk
We have been using Broker Sense for…
We have been using Broker Sense for several months now and have to say it’s a real time-saver. Often as a Broker you have a good idea which provider will lend the most from gut instinct but going into each Lenders website to run the calculations to evidence that can be so laborious - Broker Sense dramatically reduces that wasted time.
It’s great to use in front of a client too to illustrate in an extremely visual way the major differences in maximum borrowing capacity from Lender to Lender.
4 April 2019
Unprompted review
Reply from BrokerSense
Thanks for the review Malcolm. glad it's proving useful!
Great system and a very useful tool but…
Great system and a very useful tool but still looks to be some teething problems with several lenders' affordability calculators. Had a few results come back with incorrect information passed to the lenders for additional income meaning the figures were way off!
Other than that I can't complain with the usability and it has saved me quite a lot of time with numerous cases already
4 April 2019
Unprompted review
Reply from BrokerSense
Thanks for the review.
Could you drop us a quick email with the client names and some information on what additional income were incorrect?
We were aware of an issue with Nationwide and benefits income which has now been resolved.
Overall we know that nothing can replace a brokers knowledge, and so we aim to provide a quick overview that helps you zero in on the right lenders as quickly as possible. We do however want to ensure that the results are as accurate as possible and would always welcome feedback which we aim to resolve quickly.
Time saving affordability system for…
Time saving affordability system for brokers
Positive's - easy to use, time saving with some great features.
Negatives - A small number of lenders (including Nationwide) don't appear in the search and the clients age is no longer appearing to work on the data entry, instead, a default age of 30 years old is currently being used. Reporting the issues has not resulted in a response.
Shortly after writing this review Brokersense responded (see below). I have amended my rating from 4* 5* as this reflects the value of their software to my business.
4 April 2019
Unprompted review
Reply from BrokerSense
Hi Calvin
Thanks for the review, glad to hear its saving you time.
Sorry to hear you haven't had a response though. We do aim to respond to every email we get, but we must have missed this one.
We have fixed the issue with DOB, which was present for users on Internet Explorer and down to the limitations of that browser. DOB does not actually have a significant impact on results however. Nationwide should return results and does consistently in testing. Sometimes lender websites respond slowly, and if that happens, id recommend refreshing the results.
Regards
Stuart
This app saves me a lot of leg work…
This app saves me a lot of leg work with ruling out unsuitable options
4 April 2019
Unprompted review
Reply from BrokerSense
Glad you are finding it useful Christine!
A good first port of call
I find BrokerSense's affordability tool helpful for initial client meetings where there is no particular property in mind and the client(s) want a generalised idea of their borrowing potential.
The main potential downside from my perspective is getting the client(s) hopes up in case credit bureau data doesn't match the inputs given!
4 April 2019
Unprompted review
Reply from BrokerSense
Great review Evan! Credit agency data is always frustrating, another part of the industry in need of an overhaul we think!
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