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Orbiter, founded in 2008, was created by a group of like minded individuals who realised that the research tools/systems being offered to the Mortgage Adviser were not up to contemporary professional standards.
The Mortgage Adviser needs tools which are more powerful, faster and more accurate than any consumer comparison site. Furthermore, in this modern era, the system should be web based, hence offering the fastest and most simple way to disseminate product updates.
Using tried and tested sourcing technology as a base platform, Orbiter launched in to the UK residential first and second charge market place in December 2008. With its belief that Brokers should be able to offer advice on direct to consumer products, Orbiter has insisted on adopting a genuine whole of market product range, including the “non-intermediary” products.
The current mortgage market is extremely challenging. Brokers are facing enormous pressures, from reduced fees to a lack of mortgage transactions. By offering its base model for free, Orbiter believes it is genuinely helping during these “pinch” times.
If you would like to discuss the strategy and vision for Orbiter moving forward please contact Wayne Smethurst
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