Y3S to launch first secured loan network

Y3S will provide a number of benefits to those who take up the offer including a dedicated expert to help with plan-fitting and underwriting cases, so that clients receive the best deal possible, and  access to miLoanQuoter, a brand new system to help its network users to quote secured loans, refer cases out of normal criteria, request underwriting assistance and create loan documents at the click of a mouse.

Y3S Director Matt Cottle said:

"Our future network users will get exclusive access to all of the tools that have helped make Y3S Britain's most successful intermediary broker. The systems on offer together with the best underwriters in the business will help anxious brokers find a new balance at a time when they are most concerned about the cost of implementing regulation into their organisation. Our compliance department will eliminate their fears, by taking the regulation reigns for them, allowing them to get on with the job they are used to doing."

Barney Drake, Operations Director, said:

"Smaller packagers who become Y3S network users will be able to access our award-winning processes from the off. They'll immediately feel the benefit of what can be achieved through working with a packager that writes volume business, such as increased conversion of business that is out of criteria, elevated commission structures, access to limited lenders and exclusive products."

The firm is currently piloting the scheme to establish the best processes before launching to the wider packager market in the coming weeks.