Business volumes jump 25% at BDS Secured

BDS Secured Loans has seen business volumes jump 25%, since the introduction of its online sourcing system.
It has also seen a 40% increase in new broker registrations since the system was launched in July.

The sourcing system is provided by Promise Solutions and is a bespoke version of its Promise Quote system.

It allows brokers to source their own secured loans based on criteria and submit applications directly into the BDS processing system.

BDS Secured Loans will then undertake the necessary credit checks and confirm when the requested deal is available. In addition, the system provides direct links to double-check valuations and the ability to provide quotes to clients
within seconds.

Mark Clinton, director of BDS Secured Loans, says: "We are delighted with our enquiry levels, particularly in this difficult period for the industry. The feedback we are receiving from brokers is beyond our wildest expectations and bodes well for our future."

Source: http://www.mortgagestrategy.co.uk/cgi-bin/item.cgi?id=171608&d=403&h=401&f=402