Acre sees 200% year-on-year growth in mortgage submissions 

Acre has seen record levels of activity through its intermediary platform, achieving 200% year-on-year growth in mortgage submissions.

Acre is also on track to exceed its own target of 10% of the UK’s new mortgages written using the platform this year.

In the past 12 months, the firm also introduced a number of upgrades to its client portal and case management workflow, allowing it to integrate seamlessly into firms’ operations.

In particular, Acre made a number of improvements to its protection features, introducing an enhanced health fact find, risk reports, protection declaration and Consumer Duty dashboard, alongside enhanced multi-policy sourcing, helping brokers to hold informed conversations with clients around their protection needs. 

Justus Brown, Acre founder and CEO, said, “Acre is transforming the mortgage industry – combining innovation, technology, and input from a growing community of users allows us to simplify the property-buying journey and make it easier to do business.

“In another record breaking year, we have seen sole proprietors, national brands and networks with almost 1,000 advisers turn to us and onboarded in record time.

“We have proven we can be the central cog in the mortgage system, working with other leaders in the ecosystem across insurance, protection, payments and more to improve the journey for broker and client.”

Chris Caulfield-Jones, director of risk and compliance at Cornerstone Finance Group, said: “Acre has been instrumental to our business growth aligning with our own comprehensive inhouse technology platform.

“Their approach to rethinking the use of data across the mortgage journey, matching our own ethos, serves up greater efficiencies in addition to fuelling more informed client conversations.

“We continue to be delighted by the improvements from Acre, bringing their technology into our organisation to help future-proof our ongoing commitment to strive for excellence in the mortgage & protection market for both clients and advisers.”

Nicola Ventrella, operations director at The Right Mortgage, added: “Acre’s impact on our business has been clear, and the system continues to evolve at pace.

“The move to Acre has supported the way we deliver mortgage and protection advice by streamlining processes for advisers, improving data visibility, and allowing us to embed good practice across the network.

“It has helped us strengthen our overall proposition, both in terms of efficiency and the quality of service we offer to clients.

“It’s evident they understand the needs of firms like ours, and we look forward to continuing to work together as the platform develops further.”

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