Acre sees mortgage volume grow by 400% in H1

Intermediary platform Acre has seen a sharp 400% year-on-year increase in mortgage volume on its platform in the first six months of 2023.

Acre’s platform aims to give brokers the quickest and simplest path to mortgage approval, including affordability and sourcing capabilities, enhanced reporting, referrals for conveyancing, general insurance and wills, alongside integrations with common network and IFA back-end systems and marketing tools.

Justus Brown, CEO and founder of Acre, said: “The mortgage industry is creaking under the strain of the ever-changing housing market.

“Brokers need to be savvy in minimising the pain homeowners face when looking for a new mortgage or remortgaging.

“Resilience comes down to having the right information and acting swiftly. Our technology makes that possible and it is wonderful to see the market respond so well to what we are trying to achieve.

“Our focus for the rest of the year is how we can make brokers work simpler, easier to stay accountable and, most importantly, not put clients at any unnecessary financial risk.”

George Williamson, director and adviser at Mortgage Advice Brokerage, added: “The Client Portal in Acre has been a game changer for us and our clients, especially the Credit Reports that auto-populate into the CRM and then into Sourcing, without us having to type anything – this makes it so much easier and accurate.”

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