News

Twenty7Tec Confirms Launch Plan for MortgageApply Platform

2nd October 2017

Twenty7Tec is today pleased to confirm the impending launch of its common application submission platform, known as MortgageApply.

MortgageApply is a central portal that utilises open API's to enable Intermediaries to securely submit applications and supporting documentation to multiple Lenders, from one single system. It is designed to entirely eliminate the re-keying of fact find data, and ultimately the use of Lender portals – even post submission.

James Tucker, Managing Director of Twenty7Tec, explained "“We have built the first web based universal mortgage application system that any Intermediary can use and access – even from their tablet or mobile phone".

Twenty7Tec Optimises MortgageSource API for ‘Digital Enabled Advice’

25th July 2017

Twenty7Tec today announces a set of further enhancements and optimisation to the API (Application Programming Interface) behind its award winning MortgageSource system, that will support mortgage intermediaries looking to offer digitally enabled advice to their clients.

With this latest release, all the functionality available to Intermediaries via the companies MortgageSource platform, can now also be integrated directly into Intermediary or Aggregator websites via the Twenty7Tec API. This integration can support the delivery of digitally enabled advice for those Intermediaries who wish to offer such solutions to their clients.

Phil Bailey, Director of Intermediary Solutions at Twenty7Tec, commented "We strongly believe that the ability to offer the option of digitally enabled advice (Otherwise known in the market currently as ‘Robo Advice’) is a critical component in an Intermediary being able to service the needs of all clients, regardless of their circumstance".

TMA to offer mortgage & secured loan sourcing from Twenty7Tec to all Members

11th April 2017

TMA Mortgage Club, one of the UK’s leading Mortgage Clubs today announces it has partnered with Twenty7Tec Group, an award winning provider of mortgage and secured loan sourcing systems, to offer its club members access to the Twenty7Tec systems.

Phil Bailey, Strategy Director of Twenty7Tec, said: "TMA Member firms include some of the top performing intermediaries in the country, and we’re delighted to have the opportunity to support them through the provision of our award winning technology”."

Twenty7Tec Enhances Further Advance and Porting Product Sourcing

16th January 2017

Twenty7Tec, the leading provider of technology solutions to the Lending industry, today announces a further enhancement to its MortgageSource system, that will enable brokers to compare further advances and ported products to purchase, remortgage or second charge lending options.

James Tucker, managing director at Twenty7Tec, said: "This is the first time a sourcing system has been capable of looking at a re-mortgage, further advance and a secured loan, all from the same results screen and backed up with our compliant Evidence of Research document."

Twenty7Tec Announces Planned PRA System Enhancements

19th December 2016

Twenty7Tec, the leading provider of technology solutions including online sourcing system MortgageSource, today announces its planned system enhancements in light of the Prudential Regulations Authority’s (PRA) proposed changes to buy to let underwriting standards.

Phil Bailey, Strategy Director of Twenty7Tec, said: "The PRA is clearly looking to flex its muscles with these changes. Tougher guidelines for affordability and stress testing is throwing yet more regulation towards the buy to let market and technology providers need to adapt quickly to support intermediaries."

Twenty7Tec adopts iPipeline’s Protection Nudge Solution - LifeGenie™

13th December 2016

iPipeline® - a leading provider of next-generation solutions and services to the life and pensions market - today announces that Twenty7Tec has adopted their digital sales aid with nudge capability, LifeGenie.

James Tucker, managing director at Twenty7Tec, said: "LifeGenie is a fantastic widget that allows our mortgage advisers to prompt their clients into thinking about their protection needs without seeking any additional information. LifeGenie is one of the most powerful sales aids an adviser can have right in front of them - a protection cost tailored to the client, with no additional detail required, allowing the adviser to start the conversation about what could happen if the client didn’t have any protection in place."

Phil Bailey joins Twenty7Tec as Director of Strategy

23rd November 2016

Twenty7Tec Group, a leading provider of technology solutions to the lending industry, has today announced the appointment of Phillip Bailey to the position of Director of Strategy.

James Tucker, managing director at Twenty7Tec, said: "Phil brings to our company a huge amount of experience and knowledge of how intermediaries actually use technology on a daily basis. His appointment here is a sign of our commitment to being at the very forefront of technological development in the mortgage industry, and I look forward to working closely with him in the months and years to come."

SimplyBiz Mortgages to offer mortgage and secured loan sourcing

3rd October 2016

SimplyBiz Mortgages, one of the UK’s leading Mortgage Clubs today announces that it has partnered with Twenty7Tec Group, a leading provider of mortgage and secured loan sourcing systems, to offer its club members access to the Twenty7Tec systems at preferential rates.

James Tucker, managing director at Twenty7Tec, said: "SimplyBiz Mortgages are one of the top Mortgage Clubs in the UK and we are delighted to have the opportunity to support their members by providing them with the latest iteration of our mortgage, secured loan and bridging sourcing system. We are confident that being able to compare all 3 product types on one single platform, combined with the accuracy and criteria driven nature of our sourcing, will add real value to SimplyBiz Mortgages firms."

In defence of sourcing systems...

5th August 2016

Historically, sourcing systems were viewed as a necessary evil, a compliance tick box exercise. The broker relied more on their own skill and knowledge, as well as their relationships
with local BDM’s to help place a case...

James Tucker, managing director at Twenty7Tec, said: "Such has been the level of criticism of the lack of development in sourcing technology in the last 10 years that many have questioned what, if any real improvements have been made in that time, and perhaps rightly so."

Clever Lending launches sourcing system

13th June 2016

Master broker Clever Lending has launched its own second charge sourcing system for brokers, in association with finance software specialists Twenty7Tec.
Called ‘Clever Sourcing’, the system allows brokers to get accurate, quick product quotes for their clients.

James Tucker, managing director at Twenty7Tec, said: "We were delighted to support the delivery of the sourcing system for Clever Lending. It’s an easy to use interface and advisors will benefit from having so much useful information at their fingertips."

AToM launches CRM system with Twenty7Tec sourcing

31st May 2016

Specialist mortgage packager AToM has launched a broker CRM system with specialist sourcing from Twenty7Tec. The CRM (customer relationship management) system was built from scratch and has been named AToM Together. The system integrates all the lenders on AToM’s panel including Kensington and Bluestone which were added this year.

James Tucker, managing director at Twenty7Tec, said: "Up until a couple of years ago, the duopoly that existed in the market ensured very little debate around the virtues of sourcing systems. Everybody had their favourite and, unless your Network said otherwise (And sometimes even when they did), you stuck with it. It was very much a case of ‘better the devil you know"

Twenty7Tec partners with Legal and General to give DAs seconds quotes

13th May 2016

A partnership between Legal and General Mortgage Club and technology firm Twenty7Tec will allow brokers to compare first and second charge loans for their clients and produce documentary evidence of their research.

Target announce the integration of Twenty7Tec’s sourcing software

14th April 2016

Target Group, the financial services outsourcing and software provider has announced the integration of Twenty7Tec’s mortgage and secured loan sourcing software into the firm’s broker management system, ‘Bluechip’

James Tucker, Managing Director of Twenty7Tec, commented: "We are delighted to have been selected by such a prestigious organisation as Target Group to integrate our sourcing platform into their broker management system. We believe this integration will deliver significant efficiencies for Target Bluechip users, who will no longer need to re key their client data into a separate system to select the most appropriate secured lending products".

Enterprise Finance Launches Apex: New Mcd-compliant Broker Portal

4th April 2016

Market-leading master broker, Enterprise Finance, today announced that its new broker portal, Apex, has been live since the 4th of January and has been rolled out to the market and accepting new business since Monday 21st March.

James Tucker, Managing Director of sourcing developers Twenty7Tec, commented: "We are delighted to have been chosen by Enterprise Finance to power the sourcing capabilities in their new Apex system. We have worked with the team at Enterprise on this project for some months now, and it’s clear that they intimately understand the way that technology can be used to drive the best possible outcomes for both intermediary and end client."

Packager launches free sourcing system

23rd March 2016

Brunel Mortgages & Loans has partnered with Twenty7Tec to offer its brokers a free sourcing system. All the packager’s specialist mortgage and secured loans are available for brokers to get their own quotes and illustrations. The brokers will also be offered Evidence of Research to help the advice process with their clients.

James Tucker, Managing Director at Twenty7Tec, added: "We are delighted to have been selected by Rob and the team at Brunel to provide our sourcing technology to their introducing brokers. In the post-MCD (Mortgage Credit Directive) world, being able to quickly and accurately identify specialist lending options are vital in offering the best possible service to clients, and the combination of our technology, and the team at Brunel, is a compelling proposition."

Personal Touch FS to provide Secured Loan and Bridging Sourcing from Twenty7Tec to all Network members to ensure MCD Compliance

March 2016

Personal Touch Financial Services today announced that it has selected LoanSource from Twenty7Tec as an integrated product sourcing system for Secured and Bridging loans, which will be provided to members as an inclusive network benefit.

James Tucker, Managing Director at Twenty7Tec, commented: "LoanSource was conceived for specialist distributors, directly authorised firms and major Networks such as Personal Touch to support their compliance with the MCD regulations. Both Personal Touch AR’s and their clients will benefit greatly from the ability to consider all available lending options that this integration will bring. This decision is reflective of the strong relationship that we have built with Personal Touch over the last year, and we look forward to collaborating closely on this, and other projects, in the years to come."

Twenty7Tec Completes and Launches Required MCD Changes

February 2016

Twenty7Tec Group Ltd, the leading provider of software to the financial services markets, including mortgage, secured loan and bridging sourcing systems, today confirms that it has completed the required developments to enable its systems to be fully compliant with the forthcoming Mortgage Credit Directive (MCD).

Jorge Monte, Product Director for MortgageSource at Twenty7Tec, commented: "We have been working tirelessly for the past 12 months to deliver the most comprehensive solution available to Intermediaries operating in the post MCD world, and we are delighted to have completed this project. Our thousands of users have reacted well to the developments that we have completed and we look forward to announcing further enhancements to our systems shortly."

Blueberry Mortgages selects Mortgage and Secured Loan sourcing from Twenty7Tec

January 2016

Blueberry Mortgages, a rapidly growing directly authorised mortgage brokerage, has selected Mortgage Source from Twenty7Tec as its sole mortgage and secured loan sourcing platform.

James Tucker, Managing Director of Twenty7Tec, commented: "In our discussions with Blueberry, it was very clear that they understood the vital role that fully integrated, modern technology plays in helping advisers deliver the best possible client outcomes. Blueberry has grown very rapidly since inception, and we look forward to supporting them in their plans for further expansion."

The Lending Channel selects Secured Loan sourcing from Twenty7Tec

October 2015

The Lending Channel, a leading Packager of secured loan products (Formerly known as Blimey Loans), has today confirmed that it has selected LoanSource from Twenty7Tec, as its preferred secured loan sourcing platform.

James Tucker, Managing Director of Twenty7Tec, commented: "The Lending Channel have a proven track record in the secured loan market, and we are delighted that they have chosen to adopt our technology, both internally and for their introducer intermediaries."

Crystal Specialist Finance Launches eSource Online Sourcing System

September 2015

Crystal Specialist Finance has launched eSource as its combined mortgage, secured loan and bridging online sourcing system for brokers, and urged intermediaries to adopt digital technology to maximise point-of-sale business.

James Tucker, Managing Director of Twenty7Tec, added: "We are excited to have the opportunity to work with such a dynamic and rapidly growing organisation as Crystal, who absolutely understood from the outset the benefits that great technology can bring to their business."

Integrating a mortgage sourcing system

21st July 2015

Personal Touch integrated Twenty7Tec's mortgage sourcing system into its own back office technology at the end of 2014. David Carrington, sales and marketing director, recounts the journey and how it has benefited advisers and the network.

John Penn Joins Twenty7Tec Group

July 2015

Twenty7Tec, the leading provider of online mortgage and secured loan sourcing systems, has today announced the appointment of John Penn, as the company’s new Product Manager for its MortgageApply platform.

James Tucker, Managing Director of Twenty7Tec, commented: "John fits exactly the profile of the sort of individual we are looking for, and his experience and knowledge will be invaluable as we take our MortgageApply platform to market."

Connect Mortgage Club selects Mortgage, Secured Loan and Bridging sourcing from Twenty7Tec

July 2015

Twenty7Tec, a provider of online sourcing systems, today announces that Connect Mortgage Club, a leading intermediary Network, has selected the company's combined mortgage, secured loan and bridging sourcing system as its preferred sourcing system for Network members.

James Tucker, Managing Director of Twenty7Tec, commented: "We are delighted to have been selected by Connect Mortgage Club to provide a combined sourcing solution for all of their Network members."

Twenty7Tec Launches Combined Mortgage, Secured and Bridging Sourcing System

June 2015

Twenty7Tec, the leading provider of technology solutions including online sourcing systems, today announces the launch of the company’s combined mortgage, secured and bridging loan sourcing system.

James Tucker, Managing Director of Twenty7Tec, commented: "The launch of this system is further evidence of our commitment to leading the way in delivering cutting edge technology solutions to the financial services industry."

Brightstar Financial selects Twenty7Tec to power new Easy Source Platform

June 2015

Twenty7Tec, a provider of online sourcing systems, has today announced that Brightstar Financial, the leading specialist lending distributor, has selected the company’s combined mortgage and secured lending system to power sourcing in Brightstar’s own ‘easysource.co.uk’ platform.

James Tucker, Managing Director of Twenty7Tec, commented: "We are delighted that our combined system has been selected by Brightstar to power their new Easysource.co.uk platform, and we look forward to working closely with them."

Derek Kilner Joins Twenty7Tec

May 2015

Twenty7Tec, the leading provider of online mortgage and secured loan sourcing systems, has today announced the appointment of Derek Kilner, as the company’s new Product Manager for its MortgageSource platform.

James Tucker, Managing Director of Twenty7Tec, commented: "Derek is a great addition as he brings with him a wealth of industry experience that I have no doubt will help us continue to grow our market share in this sector."

Complete FS launches on-line sourcing through Twenty7Tec

April 2015

Twenty7Tec, the leading provider of online sourcing systems, has today announced that Complete FS, mortgage packager and distributor on the south coast, has selected the company’s combined mortgage and secured lending system as their preferred sourcing solution for both their intermediaries and in-house Enquiries/Placement Desk.

James Tucker, Managing Director of Twenty7Tec, commented: "After a thorough analysis, we are delighted that Complete FS have chosen us their preferred sourcing system for both in house staff, and introducers."

MortgageSource selected as inclusive new technology solution for Personal Touch advisers

January 2015

Personal Touch Financial Services today announced that it has selected MortgageSource from Twenty7Tec Group as an integrated product sourcing system which will be provided to members as an inclusive network benefit.

MortgageSource will be the only sourcing system to be integrated with Toolbox, the Personal Touch bespoke in-house CRM system. This integration will enable Personal Touch advisers to seamlessly source mortgages and produce KFI’s from within the Toolbox system itself, ensuring all client data captured via the Toolbox fact find is utilised in sourcing. In turn this will drive efficiency in process by producing more accurate sourcing results for Personal Touch members, whilst eliminating rekeying of data.

James Tucker, Managing Director of Twenty7Tec, commented: "After an extensive due diligence process, we are delighted to have been selected by Personal Touch as the firm’s preferred sourcing system. This integration will deliver tangible improvements in the way that Personal Touch members are able to select appropriate products for their clients in an efficient and effective manner."

MortgageSource selected by Homeloan Partnership

January 2015

Twenty7Tec, the leading provider of online sourcing systems, today announces that MortgageSource, the company’s revolutionary mortgage sourcing system, has been selected by national mortgage network HomeLoan Partnership (HLP). MortgageSource will be integrated with HLP’s new CRM system, and provided to over 250 Authorised Representative Firms of the Network effective from Q1 2015.

James Tucker, Managing Director of Twenty7Tec, commented: "After a thorough analysis of all available options, we are delighted to have been selected by HLP to be the Network's chosen sourcing system provider for the next 3 years. The integration that we and 360 Dotnet have accomplished will drive huge efficiency in process for HLP members, enabling them to better service both their new, and existing clients."

MortgageSource integrated with 360 Lifecycle CRM

January 2015

Leading provider of online sourcing systems Twenty7Tec Group, and CRM solutions experts, 360 Lifecycle, have today announced a major software partnership initiative. The partnership will see users of the 360 Lifecycle CRM system able to access fully integrated mortgage sourcing and KFI production from within the 360 system, powered by MortgageSource from Twenty7Tec.

James Tucker, Managing Director of Twenty7Tec, commented: "This partnership represents a significant step forward in both our and 360’s quest to deliver a truly integrated system that delivers efficiency in process for both adviser and client. We are delighted to have the opportunity to work with 360 Lifecycle, who share our vision of how best to deliver meaningful technological innovation in this sector."

MortgageSource System Released

October 2014

Twenty7Tec has today announced the formal release of MortgageSource, the company’s online mortgage sourcing system for Mortgage Brokers and Financial Intermediaries.

James Tucker, Managing Director of Twenty7Tec, commented: "We are delighted to formally release MortgageSource to the wider market. This system is the result of working with our lender and intermediary partners to deliver a sourcing system that really adds value and drives efficiencies in the advice process. I would like to thank all those who have contributed to what we believe to be a significant advance in mortgage sourcing technology."

MAB Selects MortgageSource

February 2014

MortgageSource has been selected by Mortgage Advice Bureau (MAB), one of the UK's largest independent mortgage brokers and networks, to power online mortgage sourcing within MAB’s in house point of sale and CRM system, known as MIDAS Pro.

James Tucker, Managing Director of Twenty7Tec, commented: "Developing a purely web based platform enables us to easily integrate mortgage sourcing into the unique workflows and processes of our clients point of sale and CRM systems, such as MIDAS Pro. This level of integration drives a more dynamic and efficient advice process, offering significant benefits for Brokers, Networks and Lenders alike."