Twenty7tec has introduced an update to its affordability solution SOURCE, in a bid to provide advisers with a more efficient way to research lender affordability.
Advisers can now populate additional data fields introduced to support more complex customer demands, including self-employed and contractor scenarios.
The enhanced functionality will present additional fields that will help advisers populate further data to retrieve more accurate maximum borrowing amounts from lenders.
This enhancement will be immediately available to all users as part of their standard SOURCE license.
Nathan Reilly, director at Twenty7tec, said: “We’ve been working on this update for some time, as we appreciate that affordability has become an increasingly complex matter and one that has intensified over the last 12 to 18 months.
“In turn, we feel technology has a part to play in helping the market respond to this challenge by providing solutions that ensure a greater degree of efficiency and accuracy.
“We’re naturally pleased to be rolling this added functionality out to our users at no extra cost and we’re also committed to exploring how we can make further improvements over the coming month.”
