Mortgage Brain up for sale

Mortgage Introducer

May 9, 2017

Mortgage Brain is working with advisers from Deloitte on a potential sale, The Sunday Times reported at the weekend.

The software developer based in Bromsgrove which is co-owned by Britain’s six biggest mortgage lenders is set to fetch between £50m and £100m.

Post tax profits at the company were £2.3m on revenues of £7.2m in the year to March 2016 according to its most recent accounts.

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