LMS has announced its new partnership with Mortgage Brain on LMS SELECT.
The strategic partnership will provide conveyancing services to Mortgage Brain’s customers, streamlining the process from sourcing to completion with the option to use multiple integrated services in addition to quote sourcing.
Through the integration of the LMS SELECT portal, Mortgage Brain clients can source a conveyancing product for their customers and access real-time quotes delivered in under 30 seconds with breakdowns from law firms.
The work with Mortgage Brain will open SELECT to a further user base of 15,000, and LMS is offering an incentive for all Mortgage Brain customers to use the platform. Clients will be able to progress work with PLS Solicitors for a fixed fee of £250 + VAT with a guaranteed turnaround time of 10 days.
Travis Scholes, commercial director at LMS, said: “SELECT is designed to make the start of the conveyancing journey much more simple, something which has always been at the heart of what we do at LMS and something that Mortgage Brain is very much aligned with us on. This strategic partnership made perfect sense as we both look to streamline the mortgage process for as many stakeholders as possible and ease the pain points of intermediaries and lenders.
“We look forward to seeing the results, especially as we continue to refine the partnership, and are pleased to be collaborating with another forward-thinking business in the market for the benefit of all.”
Pollyanna Puddephat, head of marketing at Mortgage Brain, added: “Mortgage Brain was founded on the need to drastically simplify the mortgage process and to ease pain points of brokers and lenders. We are always looking for ways to streamline processes and LMS SELECT really delivers on this, fulfilling a key aim of driving true customer centricity and bringing value for all stakeholders.
“The team we’ve been working with just gets what we’re trying to do, and we’ve no doubt that the partnership will add a tremendous amount of value to our clients in 2023. This is one of a number of partnerships that we will be announcing over the coming months to support our intermediary customers.”
