Benefits for packagers, clubs and networks
Time and cost savings:
- Early validation of your customers' details (by comparing them with the Official Entries and having an early telephone conversation with the customer) means any discrepancies can be found and fed back to you as soon as possible. In most cases, this means that you can amend your records prior to sending the mortgage offer - saving you the unnecessary costs of a re-offer.
- Automated data collection techniques leading to less manual processing and further time and cost savings.
- Keeping customers informed and identifying any complexities early on (e.g. cases requiring a transfer of equity) leads to fewer cancelled cases.
Increased revenue:
- Faster time to completion leads to increased throughput ability.
A better customer experience:
- Having first identified the complexity of a case, we contact the borrower as close to instruction as possible to identify and manage their expectations around timescales - and then proceed accordingly.
- Everything is packaged up neatly for the customer, with forms already completed and available to simply check and sign. This makes the remortgage process seamless.
Increased control:
- Automation not only plays a vital role in speeding up the process; it also provides a stable and rigorous means of tracking and tracing.
"As a mortgage packager who places a high degree of importance on service and quality of that service we insist on only working with business partners who express and indeed display that same ethos…"
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Stewart Rodger
Director
Just Mortgage Packaging Ltd