"We’ve been working with the team at Nationwide for a number of years now to continually improve the application submission process for advisers."
Twenty7tec has announced an upgrade to its APPLY integration with Nationwide Building Society.
The upgrade will increase the percentage of pre-populated data shared between APPLY and Nationwide’s intermediary trading portal, NFI Online, and deliver a purchase Decision in Principle (DIP) certificate alongside an automated property valuation decision within the submission module.
APPLY streamlines the application submission process by acting as the single point of transmission for all data, documents and communication relating to the application.
The upgrade will now see the production of a DIP certificate within APPLY. If property details are provided, brokers will also be able to get an assessment of the value and be alerted should there be any reason the property isn’t mortgageable by the Society. In addition, at least 95% of data will pre-populate into NFI Online, reducing the broker’s need for rekeying of data.
Nathan Reilly, director of customer relationships at Twenty7tec, said: “We’ve been working with the team at Nationwide for a number of years now to continually improve the application submission process for advisers. After making significant enhancements to the APPLY integration in 2022, we’re pleased to be making yet another positive step forward by delivering an even more efficient journey for users early in 2023."
Andy Tilsley, intermediary digital relationships lead at Nationwide, commented: “We continue to demonstrate our commitment to digitise the mortgage journey with technology being the key to improving the service we offer brokers and their clients. The use of APIs means that brokers no longer need to input their clients’ details into separate systems to progress an application getting a Decision in Principle faster than ever before. These latest enhancements aim to build on both simplicity and efficiency. We greatly look forward to continuing work with Twenty7tec to further improve the services we offer brokers.”
