NewsSecond Charge

Promise upgrades its second charge platform

Promise Specialist Lending has upgraded its bespoke second charge platform in the hopes of offering speed, accuracy and clarity for brokers.

Brokers are able to enter enquiries on the sourcing platform or call Promise directly, and supports the FCA’s desire for brokers to explain and evidence why cheaper products are not being offered.

Steve Walker, managing director at Promise Specialist Lending, said: “Active sourcing brings together the best technology with human expertise exactly how brokers want it.

“The latest underwriting upgrades allow Promise underwriters to combine sophisticated sourcing with human underwriting to deliver instant and  accurate verbal or written quotations.

“We want to ensure that brokers talk direct to an underwriter and get fast, accurate, written quotations from the person who will be responsible for getting the case paid out if it proceeds.

“Speed and accuracy is important, especially if the broker just wants a quick comparison quote, but ownership and accountability is what underpins a high quality end to end second charge service.”

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