Kensington Mortgages has integrated with Twenty7Tec’s application submission system, MortgageApply.
Users of MortgageApply will now be able to submit mortgage decision-in-principle applications to Kensington via API, without the need to re-key data onto the Kensington portal.
Mark Arnold, chief executive of Kensington Mortgages, said: “At Kensington, we are always looking for ways to speed up the loan process and make it as easy as possible for brokers to work with us.
“This is particularly important in the specialist sector where applications are generally more complex, so we are delighted that with MortgageApply, our broker partners will now have a more simplified and streamlined journey based on cutting edge technology and expertise.”
The integration will be rolled out to firms within Mortgage Advice Bureau (MAB), before a full roll out to all Twenty7Tec MortgageApply users over the coming months.
Kensington joins a number of other lenders currently live on MortgageApply, with a further 11 lenders expected to join the platform through 2019.
James Tucker, chief executive at Twenty7Tec, said: “Both respective technical teams have worked exceptionally hard to deliver a best of breed integration, and we look forward to working with Kensington as we roll this out to all of our users.”
Peter Brodnicki, chief executive of Mortgage Advice Bureau, said: “Using technology to significantly enhance the customer and broker experience is a priority for MAB, which is why we have backed Twenty7Tec’s plans for MortgageApply from the outset.”