Home Buyer Systems (HBS) has announced it will allow brokers to produce KFIs for direct mortgage products to help them deal with the withdrawal of intermediary exclusives.
By enabling intermediaries to search the whole of the market, HBS says it will allow brokers to either charge a fee for their services or to retain client relationships to sell related products. Richard Angliss, managing director of HBS, explains: “Unlike some other mortgage sourcing systems (that only carry intermediary mortgage products) our sales and compliance system sources from the Defaqto database that covers lenders' direct products and lenders that do not deal with intermediaries. “It is therefore able to produce a KFI for every mortgage choice whether it is an intermediary or di...
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