Hampton Mortgage Servicing (HMS) has signed a three year contract with Phoebus Software Ltd (PSL).

Hampton Mortgage Servicing provides a comprehensive specialist administration and servicing platform for Shared Equity and second charge mortgage portfolios. With the benefit of a combined 150 years’ experience in mortgage and operational management, the Hampton Mortgage Servicing team has a proven track record in realising value from Shared Equity mortgage portfolios.

The implementation will involve the migration of its existing book onto the Phoebus cloud based platform, a service that is becoming increasingly popular with both new and existing clients.

This win continues to cement PSL’s position as the market leader in providing servicing software solutions to the third party administration market both in the UK and Ireland.

Richard Pike, PSL’s sales and marketing director, says “Hampton Mortgage Servicing is a notable client win for PSL, achieved through our solid reputation as an effective market leader in the provision of servicing software as well as great client engagement. The Phoebus servicing solution via the cloud will provide Hampton Mortgage Servicing with a highly flexible and reliable solution.”

Paul Morris, managing director at Hampton Mortgage Servicing says, “Phoebus has an incredibly good reputation for being both flexible and reliable. We compared a number of different providers and  the PSL system had the most integrity and was thus most suitable for our needs. We have got to know the Phoebus team very well over the years and we are pleased that they are implementing our solution for us.”