Shawbrook will sponsor the system, which will enable intermediaries to compare products from specialist lenders on mortgages, buy-to-let, bridging, second charge and commercial.
Brighstar’s sourcing system EasySource will launch on 1 June.
Shawbrook will sponsor the system, which will enable intermediaries to compare products from specialist lenders on mortgages, buy-to-let, bridging, second charge and commercial.
Rob Jupp, chief executive of Brightstar, said: “We have worked on this technology for well over a year now with the aim of transforming the way that intermediaries work with Brightstar.
“Our revolutionary technology will allow intermediaries to quickly establish if Brightstar is able to help their client and if so, which product category would be the best choice, revealing potentially unforeseen solutions.
“The search results will feature a quick comparison tool to view selected products side by side, as well as an evidence of research document.”
EasySource can be used from any device or operating system and will provide a case-management tool and full audit trail.
Jupp explained: “The case management tool will be immensely practical in providing complete visibility on the progress of a client’s application; they will also receive a full audit trail, automated updates and direct access to their dedicated case manager to talk things through with.
“The whole ethos of EasySource is to make it easy for intermediaries, to consider specialist lending and empower them to find the most suitable options for their clients.”
Details of Brightstar’s sourcing system first emerged in June 2015.
Maeve Ward, sales and operations director, secured lending, at Shawbrook Bank., said: “EasySource really is a leap forward in mortgage sourcing technology that will change the way that intermediaries look at loans and mortgages that are outside of the mainstream.
“Shawbrook is increasingly associated with being at the forefront of new lending practices and therefore it made perfect sense for us to be associated with EasySource.”
