Velocity System Updates – 20th February 2025

Improvements

INSIGHT

4 Applicant Filter added to live Sourcing

Live Sourcing reports now have an additional filter to refine results.

SOURCE

Affordability – Offline Message

Lenders who are offline at certain hours will now display “Calculator is currently offline” in the Notes section of search results

Bug Fixes

APPLY

Virgin Money

The existing Lender details have been amended to be picked up from the ‘Current lender details’ section rather than the ‘Other Property Details’

NatWest

The lender name for Co Op has been shortened to 30 characters as it was too long.

Nationwide BS

The ‘Self Employed (LTD Director)’ employment option was removed. This is because it was determined that only the ‘Self Employed’ option was necessary.

In addition, the “Vendor Gifted” deposit source option was removed for standard schemes because APPLY does not support Discounted Schemes. This resolves the error that occurred when “Vendor Gifted” was selected as the deposit source for a standard scheme.

 

SOURCE

Affordability (Santander)

The lender calculator’s income-related error was not returned to Velocity. This issue was identified and added to the Notes.

 

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