Vered Estates and MortgageMarket Launch New Loan Portal
The new Red Property Finance platform streamlines home loan applications for South African property buyers.
Updated on Oct. 21, 2026 in Real Estate — General
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Vered Estates and MortgageMarket have partnered to launch Red Property Finance, a technology-driven platform designed to simplify home loan applications. The system allows buyers to submit a single application to multiple lenders simultaneously.
Why it matters
The platform aims to improve security by eliminating the need to send sensitive financial documents via unencrypted channels like email or WhatsApp. It also significantly reduces the time required for data entry during the home loan process.
The ZeroCapture system reduces data entry time to approximately two minutes compared to the 40 minutes previously required for manual applications. This service is available to all property buyers regardless of their estate agency.
The players
MortgageMarket
A South African company founded in 2019 that specialises in technology-driven mortgage origination services.
Vered Estates
An estate agency that has formed a strategic partnership to implement the new home loan financing platform.
Tim Akinnusi
The co-founder of MortgageMarket who established the company to modernise the bond application process.
South African Reserve Bank
The central bank responsible for maintaining price and financial stability through monetary policy.
The details
Buyers upload their documents into the ZeroCapture system, which automatically extracts information to populate multiple lender applications. While MortgageMarket facilitates this process, it does not provide Vered Estates with access to the sensitive financial documents of buyers.
Timeline
2019: MortgageMarket was co-founded by Tim Akinnusi.
2021: MortgageMarket raised R10 million from IDF Capital.
September 2026: The ZeroCapture system was officially launched.
23 September 2026: The South African Reserve Bank raised the repo rate to 7.25%.
October 2026: Red Property Finance launched.
Culture Shift
This partnership reflects the broader shift towards digital transformation within the South African property market. It aligns with the increasing digitisation of South African mortgage origination services, moving away from manual paperwork towards automated systems.
Property buyers can now complete loan applications in approximately two minutes, significantly reducing the administrative burden of home purchases. This process offers a more secure method for handling sensitive financial information than traditional email or WhatsApp messaging.
The takeaway
Automated data capture systems are becoming an essential tool for streamlining the lengthy home bond application process. Buyers should prioritise using secure, encrypted platforms to protect their financial data when applying for mortgages with multiple banks.
Further reading
For more information on the local property market, visit the South Africa Real Estate — General section.
More information
View detailed MortgageMarket home loan information on their official website.
Source note: This article includes information reported by Propertyflash.
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