Barnsley mortgage fintech set for expansion with new recruitment drive

A mortgage criteria specialist is expanding its workforce after experiencing an increased demand for its services during the COVID-19 pandemic.

Knowledge Bank has announced plans to take on more staff following growth during the lockdown.

The firm, which offers a database of mortgage lending criteria containing over 111,000 different criteria from over 200 lenders, responded immediately to the Chancellor’s unveiling of payment holidays by providing a free COVID-19 feed of lender changes of criteria.

The company is now looking for a broker support specialist, a digital executive and a new head of media sales as part of its ongoing growth.

Nicola Firth, CEO of Knowledge Bank, commented: “The need for a comprehensive criteria search system has come into its own in the past two years, but particularly since the outbreak of Covid-19.

“There were weeks during lockdown where there were in excess of a thousand criteria changes in a single week and we are still seeing several hundred changes per week now. It was simply impossible for mortgage brokers to keep on top of the vast swathe of changes that were happening without the use of Knowledge Bank.”