Title Insurance enables us to proceed without requiring the need for our solicitors to conduct a full investigation of the title.
The system’s buy-to-let sourcing is also being updated in line with Prudential Regulation Authority regulations, while iPipeline’s LifeGenie product is being integrated to produce indicative life quotes.
Deane will be a member of both the audit and remuneration committees, acting as chair of the audit committee.
Both parties said they would welcome the opportunity to work together again.
Vanessa Bamford and Leonie Cavanagh have joined as internal BDMs.
Masthaven manually underwrites cases – helping borrowers whose circumstances may not tick all the traditional boxes to secured lending.
The FLA reported second charge business falling by 22% in volume in October year-on-year but Tim Wheeldon, chief operating officer of Fluent Money, expects this to be a mere blip.
The system features a panel of second charge lenders in Shawbrook Bank, Precise Mortgages, Paragon Personal Finance, Masthaven Bank and Step One Finance.
The burglary, which took place in October, saw a number of personal computers stolen.
Wheeldon thinks more trust should be placed in underwriters rather relying om computer-generated underwriting.