This is available when intermediaries submit them to SMS through Mortgage Trading Exchange (mte).
Speaking about the new functionality, Ian Balfour, sales & marketing director at SMS said “ Electronic trading is a key strategic goal for SMS. We see the facility for intermediaries to access a whole range of lenders and interact with them up to completion through a simple easy to use conduit like SMS’s Porthole, as being an important tool for the enhancement of the whole service offered by lenders and intermediaries. We have been a partner of Beacon Homeloans since they launched last year and we have been working towards closer technology ties. Our introducers are already benefiting from this enhancement and we are proud to be the first to be able to offer this facility.”
Clive Willson, sales director at Beacon Homeloans, commented, “SMS is a major force in the packaging community and has a reputation as a leader in this field. We are delighted that they are the first company to be able to offer intermediaries direct access to Beacon through mte.”
