The HBOS subsidiary reported that the largest number yet of brokers had received online mortgage offers and submitted business over the bank holiday weekend.
Activity was up 100 per cent on both Good Friday and Bank Holiday Monday compared to last year’s figures with the number of applications and decisions in the ‘multiple hundreds’.
Alan Cleary, head of sales at BM Solutions, said: “These figures are a testament to our online proposition. We have always maintained that a true online service is one that is available when the broker needs it.
“This is often outside traditional office hours as broker’s clients mostly request appointments in their spare time. By offering a 24/7 service, brokers can give the best service to their clients.”
Andy Frankish, managing director of Mortgage Talk, said: “We had a very busy Easter period reflecting market activity which, of late, has been strong, in fact the Tuesday following Easter Monday produced record levels for us.
“The holiday period was a catch-up time for many brokers to submit business and the beauty of having access to online systems means that they are always open for business.”
Rob Clifford, managing director of Mortgageforce, said: “Brokers need to maximise sales and the availability of lender systems 24/7 are very welcome, particularly so for brokers connected to estate agents who expect to be busy over weekends and such periods as Easter.”
John Stewart, director at PMI Independent Financial Advisers Ltd, said: ”We didn’t write much business over the period and are finding the market reasonably flat at the moment.”
