Solent Mortgage Services has unveiled a new product aimed at helping brokers undertake independent product research.
The Solent Enquiry to Application System allows brokers to upload client information and find suitable products to meet their requirements.
The service is free to use and available via SMS’ online portal, Porthole.
Kelvin Cooper, managing director of SMS, says: “Using our SEAS facility will give brokers access to world-class compliant products and help ensure they provide high standards of customer care.
“SEAS is available at all times and gives immediate access to powerful tools providing accurate and compliant product analysis.”
But Danny Lovey, proprietor of The Mortgage Practitioner, says: “I’m sceptical. Brokers should use their experience and client knowledge to place deals – the most efficient system is a well-tuned human brain.”