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Brokers could save 30 minutes an application, says BM

Mortgage brokers could save 30 minutes per application when lenders’ online sites are linked to a sourcing system, says BM Solutions.

Its research shows a quarter of respondents believe that they save up to half an hour, while a further 15% believe that the savings are greater still.

The lender surmises that a broker who submits three applications a day using the facility saves an hour and a half each day, which equates to a whopping one month each year.

Iain Williamson, head of key accounts at BM Solutions, says: By talking to brokers we know that it’s the smaller things that make a difference.

“This is a great example of that. The data transfer facility is designed to make their lives easier, and those time savers really do add up over the course of a year.

Bill Safran, chief executive of Trigold, says: BM Solutions is always one step ahead with technology, and as a valued partner of our E-Trading Centre, it’s fantastic that it is able to pass these kind of time savings on to its brokers.


House price inflation up in April, says DCLG

Annual house price inflation rose in April to 11.3% from 10.9% in March, statistics from the Department for Communities and Local Government reveal. Annual house price inflation in London was 14% in April, up from 13.9 % in March.Between March and April there was a rise of 1.2% in the prices index of properties bought […]

Equity release can help the elderly

National Carers’ Week is a good time for brokers to highlight the role equity release can play in helping people live more comfortable lives in their own homes in retirement, says Jayne Almond

MI online service offers ARs customised websites

Mortgage Intelligence has launched an online service that gives its app-ointed representatives the chance to have customised websites.Each website will be custom-built to members’ branding specifications and will include a jargon buster, a mortgage calculator and contact forms for clients to leave their details.Sally Laker, managing director of MI, says: “Today it is essential for […]

Connells appoints mortgage recruitment manager

The Connells Group has appointed Georgina Morley as mortgage services recruitment manager.Morley has been appointed to supervise all mortgage services vacancies throughout the company. She began her career with Connells as a mortgage administrator in the company’s Stevenage office. Morely also had several area and regional management roles with various corporate companies before she joined […]

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Considerations for overseas workers in Germany

With Germany’s strong economic growth leading the eurozone’s recovery, many UK businesses are keen to be part of the success story: recent data shows that there are currently more than 280,000* employees working for a UK-controlled company in the country.


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