Nicola Firth was a mortgage broker for 13 years, first as an appointed representative then directly authorised with her own brokerage for seven years. Frustration as a broker of finding the best rate for a client but discovering the lender wouldn’t accept the criteria – and neither would the next lender on the list or even the one after that, led her to found Knowledge Bank in 2016, the UK’s first criteria search system.
After 18 months testing and development Knowledge Bank launched officially in September 2017. In just one year it has grown so much that it now holds over 70,000 different criteria, from more than 150 lenders, across eight criteria types, including residential, buy-to-let, second charge, equity release, self-build, overseas mortgages, bridging and commercial. Knowledge Bank enables brokers to search for unlimited criteria and save all results in client files, providing evidence of research for the very first time.
Nicola will be participating in our Fintech and future-proofing your business session.