As a result of the link-up TFC Homeloans will be able to introduce binding decisions and key facts illustrations for borrowers, direct from Kensington.
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Ian Giles, director of marketing at Kensington Mortgages, said: “Everyone is talking about technology and point of sale decisioning but it is important that lenders do not lose sight of how brokers actually do business. The specialist mortgage market is the core area of expertise for packagers as many brokers need advice with the more complex process of product selection. Yet when it comes to e-commerce some lenders seem to have forgotten what an important role packagers play in the advice process.”
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Jennifer Wilson, marketing manager at TFC Homeloans, admitted that the integration of user friendly technology would be a growing focus for the industry throughout 2007. She said: “TFC Homeloans recognise the important role that technology has to play in enabling us to provide brokers with the best possible service and we are always keen to develop opportunities that benefit our customers. Joining K-link and integrating with Kensington is one such opportunity and is the latest development in our long-term plan to remain at the forefront of technology in the specialist mortgage market.”
