Digital Remortgage Technology Unveiled
ULS Technology has launched its digital Rapid Remortage service, which is available on the ULS DigitalMove platform, to the market.
It’s part of the new DigitalMove Plus suite, and it is believed that most remortgage cases will be eligible.
The service was exclusively launched last month through Openwork Conveyancing.
More than 500 cases have already been completed, with turn around time being around seven hours.
Paul Shearman, Proposition Director at Openwork, said:
“Remortgages and Product Transfers are currently the life-blood for most mortgage advisers given the reduced levels of purchase business.
“The launch of ULS’ Rapid Remortgage proposition has therefore been very timely and whilst its early days, we have already had a number of cases complete very fast.
“The fact that it is also available for cashback and fixed fee cases, as well as standard remortgages, is a real plus, providing our advisers with the opportunity to earn income and delight a wide spectrum of clients.”
Karen Rodrigues, Sales Director at ULS Technology, said:
“Rapid Remortgage is a game changer. We have been working very closely with our top conveyancing firms to deliver this proposition that benefits everyone – the conveyancer, the client and, of course, the intermediary.
“We are offering clients the peace of mind that legally there is no reason why their remortgage cannot take place sooner than expected. We have had fabulous feedback from our conveyancing partners as well as the intermediary sector.
“I would like to thank Openwork for working with us on our Rapid Remortgage and we are now excited to share this with all our intermediary partners.
“This service means we will get you and your clients to completion quicker than ever before which really helps with broker cash-flows – and from an intermediary viewpoint that has never been more important.”