The new system allows brokers to obtain quotes, including a full cost breakdown, on all of Tiuta’s product range.
Approved brokers will be able to submit an online Decision In Principle, and obtain an automatic Approval in Principle immediately (subject to the Auto AIP criteria). To apply for approval, brokers will need to complete Tiuta’s Broker Accreditation Form, which is downloadable from the website.
Brokers have online case tracking in real time, which is particularly useful for monitoring the status of cases.
Commenting on the new technology platform, Gary Booth, CEO at Tiuta, said: “Many bridging loans are not regulated, but our experience tells us that our brokers are looking for both speed of offer and the ability to operate as if they were regulated. Our new technology platform provides both of these propositions and, along with competitive rates and products, brokers can clearly differentiate themselves in the current market.”
For more information visit www.tiutaplc.com.