Newcastle Intermediaries has joined Experian’s mortgage eligibility hub in order to reduce the time spent by brokers during the early stages of the mortgage process and provide clients with greater certainty on borrowing options.

The pre-qualification technology, available through Experian’s intermediary distribution partners including Mortgage Gym, The New Homes Group and Trussle, allows brokers to help their clients identify the options open to them based on an aggregated view of affordability, credit history and current lending criteria for lenders who share this information.

Newcastle Intermediaries says it has adopted the “highest level of integration” to simplify the process and provide brokers with “the most comprehensive and accurate lending decisions”.

Franco Di Pietro (pictured), head of intermediary mortgages at Newcastle Building Society, said: “This partnership with Experian is part of our wider and significant investment into digital capability and will make it easier and faster for brokers to place their business with us. The technology will deliver immediate time-saving benefits for brokers who have access and gives them a more accurate indication of lenders’ willingness to lend earlier in the process.

“It’s one of the ways we’re transforming our mortgage process to make us even more accessible to brokers, whilst making them more efficient and adding real value to their business.”

Paul Speirs, managing director of consumer information services at Experian UK&I, added: “We’re delighted to welcome Newcastle Intermediaries onto our pre-qualification panel. By using our pre-qualification technology, it provides them with a much better understanding of a prospective customer’s financial situation, making it easier to determine which products are right for them.

“Not only does pre-qualification free up valuable time, but it also ensures that there’s no impact on the customer’s credit score.”