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20 July 2006

Platform launch clickapplication - new online facility launched to complete online sales process

Platform, the intermediary lender of Britannia, has announced today that it will be launching its new online application tool ‘clickapplication’ on Monday 24th July. The facility will save intermediaries valuable time by enabling them to submit a full application through the company’s website by also using its online pre-sale KFI and decision tool, ‘clickKFI’ and ‘clickdecision’.

As well as saving time for intermediaries, clickapplication also has a host of additional benefits.

Keys features of clickapplication:

Simple to use

Convert Key Facts Illustrations (KFIs) to decisions to applications

Validates information

Accepts payment of fees online

Allows packaged and unpackaged cases

Allows selection of exclusive products and Mortgage Clubs

Links to Policy Manual throughout process

Reuses information from clickdecision – no re-keying required

In addition, to raise funds for Platform’s corporate charity CLIC Sargent, the UK’s leading children’s cancer charity, the company will be donating ten pence for every application submitted online until the end of February next year.

Commenting on the launch Paul Hunt, Platform’s Head of Marketing said: “We are delighted to announce the launch of clickapplication, the next step of our online development. This tool is a significant milestone in the company’s ongoing ecommerce strategy as it allows the whole sales process to be completed online for the first time and follows on from the incredible success of clickdecision, which has now given over 130,000 decisions.”

“Online technology now plays such an important part in today’s intermediary mortgage market, it is difficult to see any lender who is serious about this distribution channel not having some form of online offering now. At Platform, we wish to remain at the forefront of the specialist mortgage market and the launch of clickapplication, along with our recent criteria enhancements, will enable us to maintain this position with intermediaries.”

The launch of clickapplication follows a rigorous external pilot programme conducted with a panel of intermediaries.

 

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