Covernet UK, the broker support services provider, has launched a customised version of the MortgageStream case management system.
Covernet provides a suite of products and services that allow mortgage and protection brokers to develop their businesses through increased income opportunities and slicker, more cost efficient business processes.
Covernet UK has negotiated a discount for members in the first year of the MortgageStream system, which will help brokers manage the new business pipeline, relationships and sales communications with customers. MortgageStream is the case management of choice for over 1000 mortgage advisors and operates at the heart of the mortgage sales process with full integration to all of four of the main sourcing systems.
Paul Holden, sales director at MortgageStream, says: “Covernet UK has developed a strong proposition by offering over 30 products and services from one website. The site is easy to navigate, and more importantly offers a host of new income opportunities. Often, directly authorised brokers feel as if they are on the sideline of promotions and incentives unless they commit to one network or the other. Covernet UK’s mortgage clubs and mortgage packaging arm, which are freely available to all advisors will really strike a chord with brokers.
“Effective client management enables brokers to increase their core revenue while developing new revenue streams and we’re delighted that from all of the options available they chose the MortgageStream system.”
Ian Kelly, managing director at Covernet UK, adds: “There is a huge amount of pressure on brokers as they develop their businesses within a fairly vigorous statutory compliance environment. The ability to manage client activity is not just a fancy way of increasing sales conversions but a crucial element in providing compliance evidence and fundamentally growing a business. We believe that MortgageStream offers the most rounded system with a robust and user-friendly core system combined with the flexibility to add other complementary products.
“The systems supports all aspects of a brokers’ mortgage business including leads, clients, fees and commissions, lead sources, lenders, advisers, packagers, solicitors etc. It is little wonder that over 1000 brokers have MortgageStream at the heart of their business.”