Twenty7Tec, a provider of online sourcing systems, has today announced that Complete FS, mortgage packager and distributor on the south coast, has selected the company’s combined mortgage and secured lending system as its preferred sourcing solution for both their intermediaries and in-house Enquiries/Placement Desk.
Mortgage intermediaries registered with Complete FS will receive free access to the system to enable them to source mortgage products from the distributor’s panel of lenders from today. Within a month intermediaries will have the additional functionality of sourcing secured loan products.
Intermediaries will be able to access the platform on any mobile, tablet or laptop device and from any operating system.
The Enquiries/Placement Desk and underwriters at Complete FS will use the system to help intermediaries in selecting appropriate lenders and products for their clients. Complete FS will also maintain a record of each enquiry and will provide all of its intermediaries in both networks and Directly Authorised firms, access to the platform.
James Tucker, managing director of Twenty7Tec, said: “After a thorough analysis, we are delighted that Complete FS have chosen us as their preferred sourcing system for both in house staff, and introducers. Our combined sourcing platform and its focus on accuracy aims to help packagers and distributors, such as Complete FS and their intermediaries, streamline the process of sourcing and submitting business. We believe this will not only result in better service to the intermediary market, but most importantly better outcomes for borrowers.”
Tony Salentino, director of Complete FS, said: “We believe this is a major step to improve the sourcing and correct selection of products for the intermediary market. In addition it shows real added value to the packager, intermediary, network relationship with the end borrower benefiting from the combined strength and expertise of all parties.
“The second phase of development will allow users to compare a remortgage against a secured loan assisting the intermediary and borrower in making a more informed decision with evidence of the research undertaken to aid the outcome.
“We are delighted to be the first packager/distributor to offer this additional service, which will further improve customer outcomes and support the proposition offered by our Placement Desk.”