With this agreement, Appointed Representatives of Primis will gain access to Twenty7Tec’s CloudTwenty7 platform
Twenty7Tec, a provider of technology solutions to the UK mortgage industry, has signed a five-year agreement to provide its CloudTwenty7 platform to Primis, the LSL Property Services-owned mortgage network, which provides solutions to financial services intermediaries relating to the arrangement of mortgages and noninvestment insurance products. With 856 affiliated Authorised Firms, and over 2,200 individual Authorised Representatives, Primis is the second largest mortgage network in the UK.
This agreement sees all Appointed Representatives of Primis gaining access to the SOURCE and APPLY modules of Twenty7Tec’s CloudTwenty7 platform, which will be integrated into Primis’ own Toolbox system.
Twenty7Tec has also extended its agreement with TMA Mortgage Club, to provide both SOURCE and APPLY to TMA members at preferential rates.
SOURCE is Twenty7Tec’s award-winning mortgage sourcing system, which enables Authorised Representatives to source across mortgages, secured and bridging loans, along with equity release products, on one single platform.
APPLY enables the submission of mortgage applications to multiple lenders from one single platform, without the need to re-key client data. Advisers can submit documents, case notes and receive status updates all the way through to completion of the case.
James Tucker, CEO of Twenty7Tec, said: These agreements extend the long-standing relationship that we have held with both Primis and TMA. In our collaborations with their teams to date, we have been hugely impressed by their desire to use technology both as an enabler of advice, and to support their advisers in delivering the best possible outcomes for customers. In both Primis and TMA we have found partners who share our vision that advances in technology should be made with advice at the very forefront.
Toni Smith, Chief Operating Officer at Primis said: Our aim is to provide the intermediary and end customer with choice, flexibility and high quality solutions and Twenty7Tec are the perfect partner to enable us to continue to deliver this. Operating in this ever-changing financial services environment and with advancements in technology, the next 5 years will allow us both to shape the future of mortgage advice.
Twenty7Tec’s CloudTwenty7 platform is designed to make the process of searching, applying for and obtaining a mortgage simpler, faster and more efficient. The platform is used by all participants in the mortgage market, from lenders to mortgage advisers, to comparison sites and end customers.
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