M:Qube set to launch “mortgages in minutes, not weeks”

12th February 2020

07 Feb 2020: Joanne Atkin of Mortgage Strategy Gazette reports on why M:Qube is different…

M:Qube is about to launch into the mortgage market but it is no ordinary lender – it’s a fintech business first and a mortgage lender second…

… Tony Connell, chief product officer, with a tech background at FICO, Visa Europe, Experian and Royal Mail, explained how the system is a data driven process with real time decisioning: “First, we assesses the property the borrower wishes to buy.

“The system accesses 140 points of data on a property using various sources such as four AVM providers, the Land Registry, Rightmove and Whenfresh to gain a myriad of information. This would include the method of construction, square footage, number of rooms and floors, flood and subsidence risk and so on.

“This gives a clearer picture as to which lenders would lend on the property and if indeed it is mortgageable. Data on the borrower is then collected, categorised and verified followed by real time underwriting.”…

Read the full article here or visit Mortgage Finance Gazette.

MQube Stuart Cheetham and Richard Fitch
M:Qube’s Stuart Cheetham & Richard Fitch

(Courtesy of Mortgage Finance Gazette)

 

 

WhenFresh scoops “Data Enabling Solution of the Year” at DataIQ Awards 2021

1st October 2021

Congratulations to all DataIQ Awards 2021 winners & finalists! The team here at WhenFresh are enormously pleased and proud to have won the Data Enabling Solution of the Year at the prestigious DataIQ Awards 2021! The great and the good of the data industry dusted down their long-unused black ties and posh frocks for the […]

WhenFresh awarded high rank in prestigious Insurtech Insights Future50

27th September 2021

The full Future50 Europe report is now available for download Selected from thousands of contenders, WhenFresh are proud to have been selected as one of the Insurtech Insights and Sønr Future50 Europe – the industry’s definitive ranking of the insurtechs shaping the insurance landscape. This award is a culmination of months of work by Insurtech […]

WhenFresh partners with Bluesky to give Insurers & Mortgage Lenders easy access to National Tree Map™ data

6th August 2021

London, 6 August 2021: WhenFresh has teamed up with tree mapping specialists Bluesky to make its National Tree Map™ (NTM™) data available to insurers and other Big Data users, via the UK’s property ‘Data Supermarket’, the WhenFresh API, to address one of UK residential properties’ most significant risks. For insurers and mortgage lenders, the proximity […]