The Orbiter system, has been in a pilot with approximately 50 brokers in recent months.
Brokers using the system will have a choice of applying direct to the lender, via Orbiter’s mortgage club, or using a packager panel.
The system will also give the choice to source from a range of prime and specialist products that can either include or omit non-broker products.
Pete Thomson, sales and marketing director at Orbiter Group, says: “Orbiter will offer a state of the art sourcing and compliance service to the intermediary mortgage market. The system has been in an advanced pilot over the summer and we are now preparing for our full launch. We are encouraging advisers to pre-register to ensure they can use the system as soon as it goes live, which will be in September.”