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Study on lender IT to focus on instant offers

Instant offers using automated valuation models are what separates the best lenders from the rest, says Frank Eve Consulting as it launches its ann-ual benchmark study on lender intermediary technology.

The sixth annual study, in association with the Council of Mortgage Len-ders, the Intermediary Mortgage Len- ders Association and Mortgage Strategy, will look at how lenders use technology in the broker lending process.

Frank Eve, managing director of Frank Eve Consulting, says: “Instant offers have become a key differentiator and this study will identify the lenders planning to offer this functionality.”

The study will take place in August and September and participating len-ders can link their websites to Mortgage Strategy’s. The results will form the basis of the 2007 Mortgage Strategy Technology Awards to be held at the Mortgage Business Expo in London.

Companies interested in the survey should email enquiries@frankeveconsulting.co.uk

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