Teachers Building Society is the first BEP Systems client to have both mortgage and savings systems developed.

BEP Systems will deliver origination solutions for the Society’s range of teacher exclusive mortgages, as well as for buy-to-let and holiday let products. Additional borrowing, transfer of equity and change of repayment type for borrowers will also be supported.

Simon Beresford, CEO at Teachers Building Society, said: “BEP Systems impressed us with their track record of delivering solutions in the mortgage origination sector and their capability for savings software. The solutions will ensure we can offer new and existing Society members cutting-edge experiences now and into the future.”

Chris Little, managing director of BEP Systems, added: “I’m thrilled to be working with a highly respected building society to improve the efficiency of their origination systems. In particular this is a significant appointment for us as it is our first client for whom we’ll be providing savings systems. This further demonstrates the versatility of our Apprivo2 platform, the fastest growing system in the UK serving specialist finance providers.”