The mortgage market has never been more complex.
Products change rapidly, lender criteria evolve constantly, and advisers are expected to navigate increasing regulatory requirements while delivering a faster, more personalised experience for clients.
Technology plays a critical role in making that possible. But as the market becomes more sophisticated, advisers shouldn't have to work harder to access the information they need. The challenge isn't reducing complexity by removing detail - it's presenting that detail in a way that's clearer, faster and easier to act on.
That's the thinking behind the latest enhancements to Xplan Mortgage (XPM). Every update has been designed to simplify the adviser experience, making sourcing more intuitive and efficient while preserving the depth of information advisers rely on to deliver confident, compliant advice.
A simpler sourcing experience
One of the biggest themes of the latest Xplan Mortgage release is reducing friction in the sourcing process.
The sourcing journey has been redesigned to simplify product searches and reduce unnecessary clicks. Rather than moving between multiple screens, advisers can now access loan requirements and search filters through a single, tabbed interface.
Key actions have also been brought to the forefront, creating a workflow that will feel familiar to many advisers (especially fans of Trigold) while making the overall sourcing experience more intuitive.
Product comparisons have also been enhanced, with the ability to expand results to a full-page view at the click of a button. This makes it easier to compare products and discuss options with clients.
Faster access to the information that matters
As mortgage products become more varied and lender criteria more complex, speed of access to information is increasingly important.
The latest XPM enhancements allow advisers to double-click any product to instantly access lender notes through a tabbed layout, removing the need to open additional documents or browser windows.
For buy-to-let cases, a new quick-add function allows advisers to enter the number of properties owned by a landlord rather than inputting every property individually, helping reduce administration for more complex cases.
Supporting a broader range of client needs
Client circumstances continue to evolve, and sourcing technology needs to keep pace.
The latest release expands XPM's sourcing capabilities by introducing support for additional lending scenarios, including:
- Further advances.
- Joint Borrower Sole Proprietor (JBSP) products.
- Multi-Unit Freehold Blocks (MUFBs).
- Green mortgage options through new EPC filtering.
These enhancements help advisers navigate a wider range of client requirements without needing to rely on separate research processes.
Strengthening compliance and record-keeping
Compliance remains a key consideration for mortgage advice firms, and sourcing technology plays an important role in supporting robust advice processes.
The updated product list report in Xplan Mortgage now includes full product descriptions, a record of the filters used during the search and the products selected by the adviser. This creates a stronger audit trail and provides additional evidence to support recommendations.
By integrating these reporting capabilities into the sourcing process, advisers can spend less time compiling documentation and more time focusing on their clients.
Built with advisers, for advisers
The latest XPM release forms part of Iress' ongoing investment in mortgage sourcing technology and reflects direct feedback from advisers.
We’ve worked closely with advisers to identify friction in their day-to-day workflows and understand what needs to change to help them operate more efficiently in a fast-moving market. The result is a more intuitive, scalable platform that reflects how advisers work today.
Our aim is to meet current needs while giving firms confidence they're using technology built for the future, not constrained by legacy processes. Advisers need reliable technology that can keep pace with product volatility, support compliance, and deliver better client outcomes without adding complexity.
Early feedback from advisers has been positive. John Tarazi, Director at Echo Finance and part of the pilot programme for the upgrade, had this to say: "The redesigned sourcing journey and new features like the Joint Borrower Sole Proprietor option made our lives simpler and gave us more time to speak with our clients about their options. Xplan Mortgage really feels like a system built around the daily realities of a mortgage adviser."
The future of mortgage sourcing
The latest XPM enhancements reflect a broader trend across the mortgage market.
Advisers increasingly expect sourcing technology to do more than compare products; they want integrated platforms that reduce administration, support compliance, and create a more connected advice process.
By simplifying sourcing workflows, expanding product capabilities and strengthening reporting, the latest Xplan Mortgage release is another step towards that goal.
As the mortgage market continues to evolve, adviser technology will need to evolve alongside it. The latest investment in XPM reinforces Iress' commitment to building a sourcing platform designed not only for today's market, but for the future of mortgage advice.
Read our article: 7 essential features of modern sourcing software
Book an Xplan Mortgage demo
Complexity is inevitable. Your sourcing experience doesn't have to be.
See how XPM is helping advisers simplify complex sourcing, strengthen compliance and deliver better, personalised mortgage advice.
Book a demo today and discover the latest enhancements.
