Portal expected to make remortgaging faster and simpler for brokers and clients
Specialist lender Kensington Mortgages has partnered with digital platform Koodoo to create an online remortgage portal for brokers and clients.
The portal, which is now live, presents brokers and borrowers with the remortgage rates or products available as they come to the end of their fixed rate term. It is one part of Koodoo’s origination platform, which includes digital distribution through leading comparison sites, a digital decision engine, underwriter portal, and integrations with digital data sources to assist underwriting.
Vicki Harris, chief commercial officer at Kensington Mortgages, said they are delighted to unveil the new remortgage switch portal, which they believe will make remortgaging faster and simpler for brokers and clients alike.
“Our aim is always to innovate and help improve the way our mortgages work, and with the help of Koodoo we’re doing just that, as well as reaffirming Kensington’s place as a leader in specialist lender mortgage technology,” Harris added.
Seb McDermott, chief executive at Koodoo, stated they are also thrilled to have joined forces with Kensington to deliver a portal that enables a product switch in minutes for Kensington customers and their brokers.
“We look forward to continuing our partnership with Kensington as we work together to harness technology for the benefit of customers, brokers and underwriters in the mortgage industry,” McDermott said.