Charcol Evaluates sub-prime software

The decision comes after an extensive and exhaustive piloting of the system.

Ray Boulger, Senior Technical Manager at John Charcol, commented: “Our advisers need speed and certainty to help them provide the best advice to our clients and Evaluate offers both. The most important feature of a sourcing system is its accuracy and we were particularly impressed that Evaluate delivered 100% accuracy throughout the trial. We also liked the fact that it presents a detailed shopping list that is specific to the enquiry for each lender. This enables our advisers to request all the documents needed at the point of sign-up rather than when the case is underwritten – a significant advantage – particularly in the current environment where products are being withdrawn increasingly rapidly.”

Evaluate aims to deliver a whole of market sourcing solution by the end of 2008.