Santander product transmission across major procurement systems will be enabled – Staking Strategy

Santander now adds speeds to its product transmission in a range of major procurement systems, saying the move means “it’s easier to check out our latest deals.”

High Street Bank said on the intermediate hub that brokers will now be able to make mortgage illustrations for clients.

It added: “To check the client’s current mortgage details, the valuations we use, and the transactions available to them, you still need to log in to our online mortgage transfer service on the Introduction Internet.”

The lender said the change will be made this Wednesday.

At the time, Santander director Graham Sellar said: “We have been reviewing our processes and finding ways to be more transparent with our broker partners.

“Introducing our product transfer rates into the procurement system is the latest step in making it easier for brokers to do business with us, while publicly sharing our prices reaffirms our commitment to unmatched pricing for any collateral product.”

As part of this review, and another one from Watchdogs earlier in the summer, it is consulting on simpler, less expensive product transmissions and reduced through a range of measures.