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Mortgage mate

Easy to use interactive sales tool allowing consumers to 'see' and 'play' with a mortgage using 4 sliders;

• Change term to see interest saved and payment required

• Modify balance to see effect on payment and interest

• Change payment to see effect on term and interest

• Change interest rate to see effect on payment and interest

In addition, other debt may be added in to see how much this costs over the term of the mortgage. As TCF (Treating customers fairly) and the call for transparency gains momentum, visual tools have an important part to play in the sales and advice arena.

Deployment

Mortgage Mate (Flash application) can be deployed on;

• Your consumer or intermediaries website

• Your branch intranet

• Laptop's for advisers

You can view different older versions of this tool on the following websites;

• Skipton Building Society website: www.skipton.co.uk

• Earl Shilton Building Society website: www.esbs.co.uk