Included in the latest version of the software will be new filters and a heightened ability to source for products using more specialist criteria. Intermediaries will be able to enter a borrower’s working tax credits with the impact on income multiples automatically taken into account in the sourcing results. The ability to source BTL deals that are applicable to HMO (houses with multiple occupancy) will also be a new feature of the system.
Perhaps the most innovative feature is called ‘Near Misses’ which will allow users to see which products were narrowly missed from the source results. Using predetermined ‘tolerances’ (the default setting is 5%) the system will identify which products fall into this category. These tolerances can be set around loan to values, income or the term of the loan and products highlighted can be seen in a ‘near misses viewer’.
David Aylmer, business development and marketing director at TrigoldCrystal said: “We’re very pleased to announce yet more enhancements to the industry’s favourite sourcing system. This release has dozens of developments and enhancements which we hope will make the process of finding the right mortgage easier in this challenging time for the industry. On feature of particular note is the ‘Near Misses’ filter which I think will be invaluable in helping brokers place difficult cases. In the current environment, understanding which products fall just outside of the results provides the broker and the borrower with an opportunity to reassess the borrowing requirement.”
