Specialist finance broker Smart Money has launched a bespoke second charge sourcing system.

Smart Money Sourcing allows brokers to source their own second charge quotes at any time of day.

Paul Crewe, Smart Money’s managing director, said: “Smart Money work exclusively on behalf of our networks & introducing brokers so when we first began to create our template it was vital that we consulted with our partners to ensure we designed a system with our partners needs in mind and that satisfied the requirements of the Mortgage Credit Directive at the same time.

“Smart Money Sourcing delivers across every area and allows our partners the opportunity to produce second charge loan quotes at their fingertips and via any mobile device, which they can then submit directly onto our CRM and track the progress online as well.”