BM Solutions News

BM Solutions launches additional borrowing online decision

23 January 2008

BM Solutions has today announced that brokers will now be able to get an online decision for all additional borrowing applications.

The new move mean that BM Solutions is one of the first lenders to have a completely paperless additional borrowing process. Previously, brokers have had to fill in a paper form for the second stage of the application. Within the new system:


• Brokers will enter their client's full details on the One Minute Mortgage

• The One Minute Mortgage will return a Decision in Principle

• Brokers can then print a KFI and upgrade it to a full application.

The new streamlined process will cut out any post delays in the process, and allow them to get a decision swiftly.

Phil Rickards, head of sales comments, "This is a brilliant new enhancement to the One Minute Mortgage. Reducing the burden of time and administration for brokers goes a long way to making their lives easier. This means that they can submit their additional borrowing applications, confident that they will receive same speed and support that they are used to from BM Solutions."

BM Solutions is the UK's number one specialist lender, providing market leading products in the Buy to Let, Self-cert, Sub-prime and First Time Buyer sectors. Five star service is supported by forward thinking technology: recent process enhancements include emailed confirmation of offers to the broker, Buy to Let multiple applications copy and instant offers, all delivered through the comprehensive One Minute Mortgage system. Visit bmsolutions.co.uk for full information of online service features.

For further information contact:

Clare Mortimer
claremortimer@hbosplc.com
PR Manager

Emma Partridge
emmapartridge@hbosplc.com
Press Officer