ULS Technology PLC New Conveyancing Service with Magellan Homeloans
06 September 2017 - 4:00PM
RNS Non-Regulatory
TIDMULS
ULS Technology PLC
06 September 2017
ULS Technology plc
("ULS", the "Group" or the "Company")
New Conveyancing Service agreed with Magellan Homeloans
ULS Technology plc (AIM:ULS), the provider of online B2B
platforms for the UK conveyancing and financial intermediary
markets, announces the launch of a new conveyancing service
developed for the mortgage lender Magellan Homeloans
("Magellan").
Magellan provides its mortgage services exclusively via
intermediaries, with a specific focus on providing affordable
mortgage finance to borrowers with more complex borrowing
requirements.
As well as helping their customers to move home, Magellan offers
re-mortgage products and services that require conveyancing. This
re-mortgage related conveyancing service that has been tailored for
Magellan, will be provided exclusively by ULS.
Ben Thompson, CEO of ULS commented:
"We are really pleased to be working with Magellan, who enjoy
great success in helping many customers to move home and to
re-mortgage.
"Magellan is the third lender over the last year to choose ULS
for its conveyancing services. We are delighted to be gathering
some additional momentum with mortgage lenders, as this is a
central element of our growth strategy that is expected to enable
us to continue to grow our market share, against the backdrop of a
somewhat subdued housing market."
Enquiries:
ULS Technology plc Tel: 01844 262392
Peter Opperman, Chairman
Ben Thompson, CEO
John Williams, Finance Director
Numis Securities Limited Tel: 0207 260 1000
(Nomad & Broker)
Stuart Skinner / Paul Gillam,
Corporate Advisory
Michael Burke, Corporate
Broking
Walbrook PR Limited ulsgroup@walbrookpr.com or Tel: 020 7933
8780
Paul Cornelius
Helen Cresswell
Nick Rome
This information is provided by RNS
The company news service from the London Stock Exchange
END
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