Knowledge Bank has added affordability calculators for every lender on the system.
This development hopes to save brokers even more time as it means they can see which lenders cater for their clients’ circumstances and work out affordability all in one place.
All search results can also be saved as a PDF or printed out as ‘evidence of research’ alongside product sourcing results.
Nicola Firth, chief executive of Knowledge Bank and its parent company Compass Systems, said: “Knowledge Bank has been designed to put brokers first and make their working day easier.
“Uploading all of the different affordability calculators so they are all in one place is just one more step to give brokers back time and space in their diary to see more clients.”
This update to their systems comes after the number of lenders on Knowledge Bank increased by 25%.