Pepper adds electronic verification on applications - Mortgage Strategy

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Pepper Money has introduced electronic verification on applications.

This announcement is intended to simplify the application process for brokers and their clients and it removes the requirement for brokers to obtain and upload paper documentation.

In addition, Pepper Money has added a product for brokers, which allows them to select a firm of conveyancers from the lender’s panel to use for remortgage transactions.

Pepper Money sales director Paul Adams says: “At Pepper Money, we are always looking for ways that we can help make it easier for brokers to find solutions for their clients and this is the latest in a series of planned changes to make the mortgage application process smoother for brokers and their clients without compromising our commitment to hands-on, pragmatic underwriting.”

Legal & General Mortgage Club head of lender relationships Danny Belton adds: “A growing number of customers have a diverse range of circumstances that require a specialist approach with hands-on underwriting, but that does not mean the application process needs to be any more complicated.

“The introduction of E-ID by Pepper Money is an important step in making it easier for advisers to find a home for their clients with specialist circumstances, and one that we fully support.”


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