Standard Life Bank launches online affordability calculator
The new service will provide intermediaries with instant information detailing the amount their clients may be able to borrow when taking out a Freestyle mortgage.
The service, which went live this week, is part of Standard Life Bank’s ongoing campaign to provide a streamlined and efficient online service for intermediaries.
Standard Life Bank Head of Sales, Alan Dring, said that the new service was quick and efficient to use, with intermediaries simply needing to input client income and expenditure and answer a few simple questions to find out how much their clients may be eligible to borrow.
“The launch of this new online facility will enable intermediaries to calculate this with ease, saving both time and money.” Mr Dring said. “ This is another great tool to help intermediaries grow their business.”
Standard Life Bank’s unique service to intermediaries also offers participating advisers dedicated quality resources to help with business planning, marketing, exploiting client databases and training and sales.