Fluent Protect, launched last year by Fluent Money Group, has provided upwards of £330m of cover since its inception.
Fluent Protect has a proprietary software built by its in-house tech team, led by group chief technology officer Steve Strickland-Wright.
Strickland-Wright’s team is responsible for leading new product development and has built functionality for Fluent Protect to complement back-end technology in other divisions within the group.
Daniel Payne, managing director of Fluent Mortgages and Fluent Protect, said: “Our first year of Fluent Protect has seen us exceed all targets and underlined to us the customer demand for a suite of financial products all in one place, serviced by best-in-class technology alongside highly trained human interaction where required.
New research by Koodoo has revealed that despite the government’s rumoured three month extension to stamp duty relief, buyers will have to start mortgage application procedures before 29 March if they are to be exempt.
Koodoo – a company that powers mortgage comparison for price comparison websites – has revealed that the volumes of first-time buyers trying to start the home buying process in January and February this year are at record highs.
Data from Fluent Mortgages shows that the average time between first receiving advice and completing on a mortgage today stands at 93 calendar days, longer than the stamp duty extension, meaning that consumers will need to have started the mortgage process by Monday 29 March at the latest to meet the extended deadline.
Fluent to kick off 2021 with recruitment drive
By Gary Adams 23
Fluent Money Group is to start next year looking to fill 30 new roles.
Comprising Fluent Money, which advises on second charge mortgages, Fluent Mortgages, Fluent Lifetime and Fluent Protect, the group says that its recruitment policy will be centred around its headquarters in Greater Manchester.
The group explains that it has seen “consecutive record trading months” in its mortgages, insurance and equity release businesses since the summer.
Fluent adds that a successful transition into the working from home policy forced by lockdown was enabled through the investment it has made into technology platform, which includes a smartphone app that allows for documentation approval while on the move.