Loan Introducer
  • Home
  • News
  • Latest Issue
  • Mortgage Rates
  • House Price Centre
  • Blog
  • Commercial
  • Residential
  • Secured
  • Short Term
  • Unsecured
Facebook LinkedIn Twitter

Time: 0:0

Ryan Fowler

miLoanbroker hits registration milestone

08 December, 2014

By: Ryan Fowler

category:

0

miLoan, the secured loans sourcing system provided by Y3S Loans, has registered its 6,000th broker user.

To date the system, which calculates the cost of leaving their existing mortgage in place and ‘topping-up’ with a second charge loan, or remortgaging, has generated over 30,000 loan quotes worth £1.5bn.

Y3S director said: “The site almost didn’t happen due to funding restrictions at the time, so we are absolutely delighted to have reached yet another milestone in miLoan’s development.

“We set out to build something different that would disrupt the market but had no idea that it would become such a useful tool for so many brokers, who ultimately use it to provide better customer outcomes and a new income stream for themselves.

“Second charge regulation is in full swing and brokers need solutions – miLoan provides the answers swiftly to over 700 brokers who log in to use it each month.

“It still amazes me that our team of young people developed this website that has created millions of pounds of revenue, but even more importantly they’ve created something that solves a growing daily problem for mortgage brokers who now find themselves unexpectedly operating in a regulated second charge world.”


Recent News

ONS: House prices up 8.6% in the year to February

21 April, 2021

Ocean Finance launches messaging service

21 April, 2021

Loans Warehouse: Second charge lending up 31%

14 April, 2021

Together offers reduced rates on second charge products

14 April, 2021

Comments are closed.

Polls

Will the next six months see an increase in second charge business?

View Results

Loading ... Loading ...
BACK TO TOP

Blog

Blog: Regulation, regulation, regulation

28 January, 2016

  • 0

BLOG: The need to shop around

27 October, 2015

  • 0

Experience is everything

28 March, 2013

  • 0

Tags

  • ‘The LM Experience’
  • £50m
  • 1st HomeLoans
  • 1st Stop Group
  • 247Moneybox
  • 360 Lifecycle
  • 75% LTV
  • 85% LTV
  • Aaron Noone
  • ABC
  • Abhai Rajguru
  • Access 4 Finance
  • Access4Finance
  • Accord
  • acquisition
  • Adam Tyler
  • Adelle Rhule-Martin
  • Adrian Moloney
  • Advertising Standards Agency
  • Advertising Standards Agnecy
  • Home
  • News
  • Latest Issue
  • Mortgage Rates
  • House Price Centre
  • Blog
Facebook LinkedIn Twitter

© CEDAC Media Limited | Terms & Conditions

Advice to readers

While this website is checked for accuracy, we are not liable for any incorrect information included. We recommend that you make enquiries based on your own circumstances and, if necessary, take professional advice before entering into transactions.


© Mortgage Introducer Limited: Our Privacy and Cookies Policy

TPG

www.mortgageintroducer.com
www.investmentinternational.com
www.homebuying.co.uk
www.propertywire.com
www.everyinvestor.co.uk

Close

Enter the site

Login

Password

Remember me

Forgot password?

Login