Clydesdale Bank has added two new residential and buy-to-let application forms on the Mortgage Trading Exchange (MTE).

The new forms are now available to all users of the platform and are designed to save intermediaries the need to rekey data and submit for processing. They will automatically pre-populate all necessary client information, which is already held on an intermediary’s database, and are instantly received at the lender’s processing centre.

John Tooth, head of mortgage distribution and strategy, at Clydesdale Bank, said: “We’re delighted to make these new forms available to brokers. The Mortgage Trading Exchange is a hugely popular channel for mortgage placement in the industry and our new electronic Residential and BTL forms have been created to offer brokers an incredibly fast