Mortgage Intelligence opts out of Santander’s fast-track facility

Mortgage Intelligence has confirmed that it is no longer using Santander’s fast-track facility.

Sally Laker, managing director of Mortgage Intelligence Holdings, says it stopped using the system on May 1.

She says: “We continually review our product range to ensure our offering meets the needs of our many broker members while being a strong advocate for quality in the broker industry.

“Following consultation with our members and with their full support, we have chosen to opt out of the Abbey fast-tack process as of May 1.”

Yesterday, Legal & General Network announced that it is no longer offering its advisers the facility.