K-link is helping to drive automation and reduce costs throughout the application process as intermediaries can now seamlessly enter a client’s information, source a product, produce a KFI and receive a decision in principle direct from Kensington through any one of the 11 mortgage distributors that form the Techlinx consortium.
The technology enables brokers to source and apply for specialist products from a panel of lenders through their chosen distributor with the confidence that they can provide a full audit trail and KFI direct from Kensington with only a light footprint that has no impact on their client’s credit rating.
Kensington continues to invest in technology to increase its level of automation, develop a fitter and leaner operating model and improve its online proposition for all UK mortgage intermediaries. And this K-link integration with Techlinx is further evidence of how the lender’s investment is benefiting brokers, making it easier for them to do business with Kensington.
Ian Giles, director of marketing at Kensington, said: “The UK mortgage sector is undergoing arguably the biggest change in its history and as the landscape of the market changes, clever implementation of technology will hold the key to determining tomorrow’s winners.
"This does not mean using technology for technology’s sake, but investing in systems that harness existing experience, knowledge and relationships to target the way intermediaries do business, drive down operating costs and improve efficiency.”
Jason Rogerson, director of Techlinx, says: “We see technology as playing an integral part in the future of mortgage lending, and are we are committed to providing next generation cutting edge solutions that will help our users continue to add value to the application process as experts in mortgage distribution. This integration with K-link is a fine example of lenders and distributors working together and harnessing technology for the benefit of the end broker.”
