"EasySource is a multi-modular platform which looks at all available options for a client and provides intermediaries with better, more transparent outcomes every time."
EasySource allows intermediaries to search across different lenders and product types, including specialist mortgages, complex buy-to-let, bridging loans, second charge loans and commercial finance.
The initial questions asked of the broker will include details of the existing mortgage rate, monthly payments and the remaining term plus any early repayment charges and fees. EasySource will then show the overall cost for comparison for both remortgage and second charge options.
Once a product has been selected EasySource will pre-populate an ESIS and the broker will receive a tailored list of information required by the given lender. EasySource also includes an intelligent case management and tracking system.
The site will also act as a learning resource, allowing intermediaries to earn rewards for completing learning objectives.
Rob Jupp, chief executive of Brightstar, said: “We have worked on this technology for over two years with the aim of transforming the way that brokers work. Brightstar’s revolutionary new EasySource application is a multi-modular platform which looks at all available options for a client and provides intermediaries with better, more transparent outcomes every time. With this system I truly believe that we are leading the way and shaping the future of specialist finance.
“For the very first time intermediaries will be able to search across multiple product types and compare prices. They will have everything that the FCA needs to provide evidence of research, including near misses, but it will also be immensely practical providing real time updates and access to real human beings to talk things through with – both at Brightstar and at the lenders.”