Bluestone Mortgages unveils online broker portal

Published on

Bluestone Mortgages has launched ‘Bluelink’, its new online broker portal, designed to provide a streamlined and efficient decisioning and online mortgage application process.

The portal’s interface was built in-house giving Bluestone complete control over future development and integration with other systems. It offers real time validation with the aim to help save broker’s time if the enquiry falls outside of criteria. In these cases, brokers can see why the enquiry won’t fit criteria to help them manage customer expectations and find an alternative lender.

Bluelink allows brokers to jump to different sections of the Decision in Principle and Full Application so they can enter information in the order they capture to help save time, with a ‘traffic light’ system to see which sections are completed and where information is still needed.

David Torpey, Bluestone Mortgages’ managing director, said: “Technology is a key part of our proposition which is why we had to get it right. We made the decision to develop our broker portal in house to enable us to have more control over the day one functionality and future development.

“Over the last few months we’ve been road testing it with some of our biggest firms because it needs to add value to their businesses, not just ours. Although our brokers now have access to an intuitive decisioning portal we’ll still give them direct access to our Underwriters when they need it.

“Our customers don’t fit the traditional high street profile so it’s important that we have a thorough understanding of their situation, sometimes the best way to do this is to pick up the phone and talk to the person who has authority to make a sensible credit decision.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Mortgage Works cuts switcher rates for existing landlords

The Mortgage Works has announced reductions of up to 0.25 percentage points on selected...

Homeowners stay put as remortgaging nears parity with home purchases

Britain’s homeowners are increasingly choosing to refinance rather than move, with remortgage activity now...

Co-operative Bank in sub-4% mortgage arena following rate cuts 

The Co-operative Bank for Intermediaries has reduced selected residential and buy-to-let mortgage rates, bringing...

Access FS appointment to lead recruitment strategy

Access Financial Services has appointed Rob Jarvis as business development manager, tasking him with...

Accord Mortgages cuts residential rates by up to 0.40%

Accord Mortgages has cut rates on a broad range of residential products, with some...

Latest publication

Latest opinions

Right of Light risks: a looming shadow over construction projects

Gone are the days when a Right of Light infringement could be swiftly dealt...

Could a move to ‘enhanced advice’ also mean mandatory protection conversations?

The FCA’s recent Mortgage Market Discussion Paper (DP25/2) has got the industry talking about...

Take off the rose-tinted glasses and stop chasing a rate cut

Every six weeks the financial world raises its eyebrows at the prospect of a...

Job cuts to inflation shock: preparing for a mortgage arrears crisis

The latest data on jobs paints a picture of a rapidly weakening labour market. The...

Other news

The Mortgage Works cuts switcher rates for existing landlords

The Mortgage Works has announced reductions of up to 0.25 percentage points on selected...

Homeowners stay put as remortgaging nears parity with home purchases

Britain’s homeowners are increasingly choosing to refinance rather than move, with remortgage activity now...

Co-operative Bank in sub-4% mortgage arena following rate cuts 

The Co-operative Bank for Intermediaries has reduced selected residential and buy-to-let mortgage rates, bringing...