Selina Finance chooses Phoebus mortgage servicing platform

13 August 2024

Phoebus has secured a five-year mortgage servicing contract with second charge lender Selina Finance.

Selina Finance chose Phoebus for its best-of-breed digital capability, advanced technology and proven track record in providing excellent servicing.

Speed was of the essence for Selina Finance who wanted to be up and running on the Phoebus system as soon as possible. Timing from the first conversation between the two firms through to user testing and finalisation of the contract, took just 15 weeks.

Selina Finance will use the latest Phoebus capabilities which have been designed with a contemporary user interface so it is intuitive and easy to use.

Adam Oldfield, managing director at Phoebus, said: “Selina Finance is an innovative, ambitious and growing lender and is a very welcome addition to our client user group. By leveraging our technology, Selina Finance can efficiently manage its mortgage book, ensuring seamless operations and enhancing overall customer experience.”

Randolf Luttner, chief operating office at Selina Finance, commented: “Phoebus has an excellent track record for servicing and I have been very impressed with the technological capabilities the team has been able to demonstrate. The servicing platform is second to none and I know Phoebus’ will deliver a robust, easy to use, intelligent system for our staff to use.

“We wanted to be up and running quickly and Phoebus has been able to deliver on that requirement with remarkable speed and accuracy. We are looking forward to working with Phoebus in the coming years.”