Accord extends API technology to buy-to-let cases

Accord Mortgages has added buy-to-let functionality to its API technology, making it easier for brokers to submit mortgage applications for landlords.

Related topics:  Mortgages
Rozi Jones
7th March 2022
mortgage tech fintech
"We’re pleased to be extending this to buy-to-let business too, meaning all our propositions can now be accessed in one place."

Brokers using Iress’ Trigold and Xplan Mortgage or Twenty7Tec's Apply software will now be able to process buy-to-let applications via Iress’ Lender Connect system, giving advisers the ability to pre-populate Accord’s MSO platform which is predicted to save up to 20 minutes per case.

Jeremy Duncombe, managing director of Accord Mortgages, said: “Brokers have benefited from the digital efficiencies we’ve seen with our MSO platform and API connectivity working hand-in-hand for residential cases, and we’re pleased to be extending this to buy-to-let business too, meaning all our propositions can now be accessed in one place.

“It’s yet another way we’re improving our buy-to-let proposition; streamlining elements of the application process saves brokers time and effort, which will be felt even more so for advisers submitting multiple applications for portfolio landlords.”

Kelly Bretherton, head of product at Iress, said: "We're thrilled that Accord's buy-to-let products are available through Iress Lender Connect. The ability to apply for an ever-expanding range of products through Lender Connect means that brokers can work on a huge range of mortgage scenarios and apply without having to re-key critical information. This greatly increases efficiency, reduces the chance of errors, and makes the overall process much more streamlined."

Nathan Reilly, director of lender relationships at Twenty7Tec, added: “January and February have been record months for APPLY engagement from our users, which shows advisers are increasingly looking at the ways technology can drive additional time saving and efficiency when submitting applications to lenders.

“In order to continue this positive trend, it’s vital advisers can realise the benefits of integration across even more cases, so we’re delighted that APPLY will also now support buy to let submissions for Accord Mortgages.”

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