BM Solutions launches online processing with £50 extra proc fee

Amanda Jarvis

January 17, 2003

This follows a very successful pilot where over 1,000 intermediaries pre-registered for 'BM Solutions Online' in its first four days alone.

It has been designed to save time and money for intermediaries with easy-to-use and real-time case tracking, product matching, client illustrations and finance tools.

In addition to the extra £50 proc fee, BM Solutions is giving away a Mini Cooper. For every completed case submitted online, the intermediary is automatically entered into a prize draw. In other words the more online completions, the better the chances of winning the Mini!

Michael Bolton, director of mortgages, Birmingham Midshires, said:

“The pilot has been a great success with a huge take-up from participating intermediaries, who've benefited from significant time savings. We aim to have 20% of our mortgage applications processed over the Internet by the end of the year. We'll be adding even more enhancements to BM Solutions Online in the near future.”

Graham Lee from The Independent Mortgage Centre and the first to process an online application with BM Solutions, said: “I'm very impressed with the site and find it exceptionally user-friendly – one of the best I've seen. With our latest online case it took only one and a half hours from submission to instructing the valuer”.

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