Iress has announced that Darlington Building Society is live with its Lender Connect software.
With Lender Connect, Darlington joins the network of lenders and intermediaries on a single platform that is designed to streamline mortgage application processes, reducing rekeying and speeding up the mortgage process.
Lender Connect automatically pre-populates a mortgage application with data already captured in advice and sourcing software, significantly reducing time and duplication. It is available to all intermediaries, regardless of the technology they are using or their business processes and can integrate with any advice software and lender portal.
Warren O’Connell, Iress’s head of business development, sourcing, said: “Lender Connect is becoming an increasingly important part of the lender/intermediary landscape and we’re delighted that Darlington has joined. This represents the latest step in a long-standing relationship and we’re proud to have helped them thus far.
“Joining Lender Connect means Darlington will have access to the largest distribution network in the UK, including 15,000 mortgage brokers, 94 of the top 100 advisory firms and more than 1.8 million online sourcing quotes every month.”
Chris Hunter, Darlington Building Society’s deputy CEO, added: “Lender Connect was a natural progression in our mortgage journey. We first launched with Iress two years ago, and since then our broker partners have experienced a much faster and smoother process.
“We recently achieved a one working day turnaround from application to approval thanks to our strategic investment in technology. Lender Connect will help us to take this one step further, giving back our broker partners even more time that they will save through not having to re-key application details.”
