Bristol & West has announced a plan to consolidate its mortgage processing into two centres, based in Bristol and Solihull. This would involve the closure of its distributed mortgage processing units during 2006.
The announcement has been made well in advance of the change in order to ensure a smooth transition for brokers.
The move will enable B&W to build its capacity in line with current strong growth, and take advantage of economies of scale to deliver a highly flexible and responsive processing service. The change will also enable the business to exploit a significant investment in technology which includes a new broker website.
Roland McCormack, head of Bristol & West Mortgages, says: “We are looking forward to growing our market share in 2006. This consolidation programme will move us toward the efficiency and preparation for growth that we are anticipating. During the programme we will be open for business as usual.”