During the pilot period db mortgages will be working with its selected packagers to ensure that its systems and telephony are tested in a live environment.
Three regional packagers have agreed to work with db mortgages on the pilot scheme: Pinnacle Mortgage Funding, Essex, The Mortgage Service, Exeter and The Select Partnership, Chester.
The pilot scheme will start on Thursday 20 April 2006 and once the technology is fully proven, will be rolled out to the full packager market on a phased basis.
Bill Dudgeon, managing director of db mortgages, commented: “The team has been working very hard to bring the business to this stage and it is really exciting to be part of a new venture that will make a big impact on the intermediary mortgage market.’’
Mark Bergin, director of sales and marketing added: “We have built a team of experienced and dedicated people here in Chester who will really add value to the business and differentiate us from the rest of the competition.”