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Platform is making progress towards Poso

Platform is likely to provide instant offers for brokers by the end of the year.

The lender last week revealed that it has delivered its first same-day mortgage offer using automated valuation models technology but wants to do even better over the next few months.

If it launches a point-of-sale offer, it will join lenders such as GMAC-RFC, BM Solutions and Edeus with Poso capability.

The same-day case was a conforming self-cert remortgage from Park House Associates and was received by Platform through its online decision tool Clickdecision.

Head of marketing Paul Hunt says: “We are delighted to announce our first sameday offer using AVM technology and our Click online systems and recognise that this is the first stage in making the same-day offer a typical experience for our customers by the end of the year.

“As each day passes, we are building a greater understanding of the technology and want to ensure that our eventual instant online offer proposition not only compliments our risk appetite but also matches or exceeds our pro-ven ability to deliver best of breed online solutions to our intermediaries.”

Park House Associates head Peter Woods says: “In an ind-ustry where long-winded paperwork can often hinder time to offer, it is refreshing that a lender can offer a technol-ogical solution to alleviate these problems rather than create them. I am delighted with the results.”


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