Santander has now added its product switch charges across a variety of major sourcing systems, saying that the transfer implies that “testing our newest offers simply bought a complete lot simpler”.
Brokers will now have the ability to produce mortgage illustrations for his or her shoppers, the excessive road financial institution says on its middleman hub.
It provides: “To verify your shopper’s present mortgage particulars, the valuation we’re utilizing and the offers accessible to them, you’ll nonetheless want to go browsing to our on-line mortgage switch service in introducer web.”
The lender mentioned it might make this alteration on Wednesday of this week.
At the time, head of Santander for Intermediaries Graham Sellar mentioned: “We’re continuously reviewing our processes and discovering methods wherein we will be extra clear with our dealer companions.
“Introducing our product switch charges to sourcing systems is the newest steps in direction of making it simpler for brokers to do enterprise with us, whereas brazenly sharing our charges reaffirms our dedication to no twin pricing across any of our mortgage merchandise.”
As a part of this overview, together with one other held by the watchdog earlier in the summertime, it’s consulting on making product transfers and remortgages less complicated and more cost effective via a variety of measures.
