Leading mortgage broker MAB strikes deal with chain progression firm
Mortgage Advice Bureau has signed an agreement with chain management tool ViewMyChain to make sales process quicker.
Leading financial services broker Mortgage Advice Bureau (MAB) has struck a deal with chain progression tool provider ViewMyChain.
Mortgage Advice Bureau says the partnership will help provide greater clarity of activity up and down the chain.

Ben Thompson, Deputy CEO at MAB, says: “We want to try and get to a place where we’re offering our advisers the chance, and the stakeholders around the whole moving process, to have complete visibility on chains. Ultimately to try and speed up the process.
“My hope is that by the time everyone embraces it – and has the confidence to use it – you start to be able to influence change in the process and much more speedy and efficient outcomes.”

Paul Halliwell, COO at ViewMyChain, says: “Mortgage Advice Bureau joins our group of trusted strategic data partners, helping to provide insight and automated progress updates against this key milestone within a property transaction.”
Chasing work
Thompson explains the issues and frustrations faced by his advisers due to the lack of transparency and effective communication in the current home buying and selling process.
“If the other four parties aren’t going quickly enough…I’m not in a great place.”
“I can be a brilliant advisor. I can probably do a lot of chasing work on behalf of the customer that maybe I don’t even need to do. But, if the other four parties aren’t going quickly enough and I can’t see anything about those transactions, I’m not in a great place to control outcomes and speeds.
“Any progression in that regard is extremely welcome for the industry. Ultimately, that’s where we want to try and get to, and move the industry more quickly,” he adds.
ViewMyChain relaunched in September with a major change to its offering so there is no need for agents to input sales information.