Rightrate®, developed by London based advisers, Mortgages and Insurers Solutions, has won the award for “Best Innovation in the SME Finance Sector” at the Business Moneyfacts Awards 2021.
Announced on 15 April 2021 in an exciting online virtual event. Their innovative mobile application Rightrate® scooped the coveted award, beating the likes of Santander, American Express and Investec Bank.
The Moneyfacts Awards are the largest business finance awards ceremony of its type in the UK and one of the highlights of the finance industry calendar. The awards are totally independent and presented annually for product excellence and outstanding service, covering a range of financial services.
Commenting on the win, Lee Tillcock, Business Moneyfacts Editor said: “Calculating the best rates and returns on mortgage investments, the Rightrate app allows consumers, financial advisers, and specialist lenders to use artificial intelligence (AI) and live market data to calculate instant value on the best possible return on mortgage investments at every price point.”
Mark Edwards, founder of Rightrate®, said: “For us, utilising advanced technology is the future of our industry. The Rightrate® app enables our clients and partners to find the right mortgage products in a new, fast and transparent way. We’re delighted to have won this award and thank the industry for recognising our groundbreaking app. We look forward to releasing exciting new features for Rightrate® in the coming weeks and months that will further enhance the user experience.”
The Rightrate® app is an industry first. It helps users instantly find the right mortgage to maximise return on investment.
Rightrate® uses Artificial intelligence and real-time mortgage data to compare thousands of buy to let products and their impact on return on investment.
It currently has a five-star rating on the Google Play and Apple store and can be downloaded to a smartphone by following the links below: