The ‘deep search’ criteria engine for mortgage advisers will offer a free version which will provide access for brokers to look at all lender criteria pages in one place.

A recent survey conducted by Criteria Hub found that 72% of brokers spent over two hours a week just checking such criteria manually.

Jason Hegarty, director at Criteria Hub, said it wanted to ensure that whatever level of subscription advisers chose, there would always be a no-cost option, which would save them time by providing access to all lender criteria pages in one place.

“From what we have seen and from our own experience as brokers, we all want to save time in researching lender criteria,” said Jason.

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“The free option is there for anyone who just wants a one-stop shop where they can access lender criteria pages.

“Lenders partnering with us can also be sure that every adviser who uses Criteria Hub has full access to their printed criteria for free.”

“We understand that not everyone will want the deep search facilities we offer to start with, but there is no doubt that many advisers who start on the free version will want to make use of the full menu of services we can offer, once they have tried it,” Jason continued.

“We have already had so much great feedback from existing users.

“They have not only seen that they are saving valuable time – which they can use to concentrate on talking to new customers – but also, thanks to the accuracy of Criteria Hub, more of their cases are going through first time.”