Woolwich has launched a new mortgage sales tool, Mortgage Application Xpress, which the Barclays subsidiary claims offers a faster, simpler and more efficient way for intermediaries to do business online.
Using Mortgage Application Xpress (MAX), brokers will be able to confirm mortgage decisions at point of sale and certify ID and proof of address online.
MAX is expected to save brokers time, as it offers a one-stop application process and it is intuitive so it removes duplication and the potential for errors, and tells brokers exactly which documents are needed to be submitted with the application.
This strengthens our promise to the intermediary market to build on our service, stated David Finlay, intermediary business director at Woolwich. The latest online sales tool is a result of feedback from intermediaries to provide them with a single platform for all mortgage sales-related activities.