Legal & General Mortgage Club unveils SmartrCriteria

Published on

Legal & General Mortgage Club has announced the launch of SmartrCriteria, a digital system which provides brokers with access to a range of criteria and follow up questions.

It is designed to help brokers arrive at the best possible outcome for their clients “as quick as possible”.

SmartrCriteria holds nine years’ worth of data from the club’s Mortgage Support Services and offers brokers 394,000 criteria outcomes from over 95 lenders.

The new 24/7 system, which will be continually updated through work with lenders, will enable brokers to gauge whether a lender would consider their customer’s case at any given time.

Brokers will continue to have access to the Club’s Mortgage Support Services via phone and the live chat function.

SmartrCriteria can also be used as a training tool for new brokers to help them narrow down lending criteria and find the right solution for their client.

Kevin Roberts, director of Legal & General Mortgage Club. said: “Looking for the best mortgage options can be a time-consuming process for brokers and their customers, and with ever changing lender criteria, it can be difficult to stay on top of it all.

“SmartrCriteria has been built with this in mind, designed to make placing cases both quicker and easier, resulting in better outcomes for both brokers and the end customer.”

Greg Cunnington, director of lender relationships and new homes at Alexander Hall, who has trialled SmartrCriteria, added: “This is a really great move from Legal & General Mortgage Club. The technology behind SmartrCriteria does the heavy lifting for advisers, allowing them to spend less of their time speaking to various lenders and more time concentrating on what really matters – maintaining strong client relationships and giving good advice.”

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

East Midlands newbuild prices fall as developers respond to weaker demand

The average asking price of newbuild homes coming to market in the East Midlands...

Principality adds final piece to BDM team with London & SE appointment

Principality Intermediaries has announced the appointment of Melissa Burke as business development manager for...

Arc & Co. secures £16.4m loan for Fareham premium care home development

Specialist debt and equity advisory firm Arc & Co. has completed a £16.4 million...

Former Wales and Lions rugby star joins Howden

Howden has appointed former Wales and British & Irish Lions rugby player Dafydd James...

Reeves weighs property tax overhaul to replace stamp duty

The Treasury is examining plans for a new levy on homes worth more than...

Latest publication

Latest opinions

Tuning into later life lending conversations

There are certain conversations in our profession that can genuinely change the course of...

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...

Other news

East Midlands newbuild prices fall as developers respond to weaker demand

The average asking price of newbuild homes coming to market in the East Midlands...

Principality adds final piece to BDM team with London & SE appointment

Principality Intermediaries has announced the appointment of Melissa Burke as business development manager for...

Arc & Co. secures £16.4m loan for Fareham premium care home development

Specialist debt and equity advisory firm Arc & Co. has completed a £16.4 million...