SourceLet offers a range of products including an online tenant referencing facility, which offers a likelihood to default score.
The Source’s sister company has also launched a range of insurance products including landlord rent guarantee, landlord property insurance and tenants liability and contents insurance, much of which is pulled from the Source platform.
Future launches will be extended in the new year to gas and electricity safety certificate testing, landlord emergency cover as well as the Government’s new eco deal.
Martin Gwynne who heads up the proposition and joined SourceLet from Homelet earlier this year said: “We have identified the things that frustrate letting agents about the referencing and insurance products available to them today. We have removed and improved these to create real value for money products offering a great service combined with leading edge technology.”
Kevin Paterson, Source MD (pictured) added: “Whilst SourceLet will be aimed at letting agents, initially we want to encourage the mortgage broking community to tap into this lucrative sector. We believe we have created a range of tools that will enable brokers to generate more leads and more business from this elusive part of the market enabling them to truly take advantage of the counter-cyclical nature of the property market they serve.”
