So far Precise Mortgages, Shawbrook and Together have integrated their own systems with LenderGateway, the combined sourcing and case management system, meaning advisers won’t have the rekey client information into the lender’s systems.
LenderGateway will capture half of the UK’s top 10 mortgage lenders this year claims Peter Heigho, managing director of the system’s developer APAC Systems.
So far Precise Mortgages, Shawbrook and Together have integrated their own systems with LenderGateway, the combined sourcing and case management system, meaning advisers won’t have to rekey client information into the lender’s systems.
But briefing brokers about the system in London yesterday, Heigho was in bullish mood about other lenders joining the first three.
He said: “In six months’ time I reckon I will have five of the top 10 high street lenders on there.
“And the rest of them frankly organise a queue guys you should have come on when you had the chance!”
LenderGateway, which was launched on 21 September 2015, already hosts the application forms and mortgage data from the UK’s major lenders.
Last month Brightstar chief executive Rob Jupp was scathing about the two major sourcing systems Trigold and MortgageBrain – calling them “big swinging dicks”.
And Heigho joined in, adding: “The reality is Trigold and MortgageBrain are nothing more than best buy tables.
“If their data is reasonably up to date all they show is the current products that are available that roughly fit.
“Using their systems the only way to work out whether a case fits is by looking into a product’s criteria and reading into it yourself.”
MortgageBrain declined to comment and Trigold was unavailable for comment.
