Non-conforming lenders settle on Trigold


Six lenders in the non-conforming mortgage market have agreed to jointly support a new module for Trigold's mortgage sourcing system Prospector AAA.

GMAC-RFC, Kensington, SPML, igroup, First National, and Mortgages plc, which account for 80% of the market, have picked the technology to meed their needs for a system that can deal with more detailed checks of clients matching products. Unlike standard mortgages, clients looking for non-conforming loans are less likely to seek the best interest rate, as against finding a product that allows them to borrow at all with, say, a number of county court judgements against their names. Be being able to deal with more complex patterns of factors, the system means intermediaries can use the n...

To continue reading this article...

Join Professional Adviser

  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
 Be the first to hear about our events and awards programmes.



Already a Professional Adviser member?


More on Mortgages

Client conundrum: Mortgage overpayments versus investments

Client conundrum: Mortgage overpayments versus investments

1.4 million people will see mortgage deals end this year

Laura Suter
clock 22 February 2023 • 3 min read

Summer economic update: Sunak confirms stamp duty holiday in 'mini-Budget'

Mini Budget

Hannah Godfrey
clock 08 July 2020 • 2 min read

FCA sounds alarm on equity release advice

'Tick-box exercise'

Hannah Godfrey
clock 17 June 2020 • 1 min read