The Momentum platform will integrate with Halifax’s broker-facing mortgages available online. The move is hoped to cut costs for brokers and make it easier for them to submit business to Halifax electronically.
Brokers will be able to use the system to get Key Facts Illustrations direct from the lender, and make use of a full agreement in principle service. It will also allow brokers to carry out a full mortgage application process submitted direct to source.
Patrick Shuker, director at Crystal, says: “Understandably one of the key focuses of distributors in the current economic climate is to cut costs. Our new partnership with Halifax will enable distributors to keep costs down at the same time as delivering a high quality, fully compliant service for the customer.
“We are delighted that it has chosen to invest in our technology.”
Jack Saxton, managing director of Halifax Intermediaries, says: “We chose to invest in a partnership with Crystal in order to help provide our corporate accounts with a slicker technology process.”