AttentiV Systems has completed the implementation of the
Summit banking system at Leeds Building Society.
The system will be used by the Society’s Gibraltar branch to offer Euro Mortgages for purchases and remortgages of properties on the Costa del Sol.
Following the project Leeds Building Society became the first UK
Building Society to offer a Euro Mortgage product in Gibraltar.
The AttentiV Summit system will be used by Leeds Building Society to process a mortgage application from initial customer enquiry and quotation, through to completion and then during the lifecycle of the mortgage, giving the Society the facility to sell and administer Euro Mortgages.
Kim Rebecchi of Leeds Building Society commented, “AttentiV had already proven their ability to build a system capable of managing Euro Mortgages and came to us with a system that required the minimum amount of customisation. Their track record along with the guarantee of a fast implementation were just two of the reasons for their appointment.”
Customer demand for a competitive mortgage product led Leeds Building Society to look at the possibility of offering a Euro Mortgage alongside its existing Sterling Mortgage products in Gibraltar. The Society will target UK residents, UK expatriates and Gibraltarians with a Lifetime Tracker Euro Mortgage which tracks the EURIBOR, currently 2.13%, + 1% for the lifetime of
the loan.
Kim continued “It has been a significant achievement to be able to sell and administer mortgages in a different currency within 34 days of receiving the system – testament to the excellent support from the AttentiV team, together with the superb team work from the Leeds Building Society business areas. I’m delighted that we can now offer our customers a highly competitive mortgage product for their home purchase on the Costa del Sol.”
