Precise Mortgages joins CoreLogic UK’s portfolio landlord platform

Published on

Precise Mortgages has partnered with CoreLogic UK to support with property risk management and decisioning software.

The lender, which is part of the OSB Group, will be using CoreLogic’s Buy to Let Hub platform to help support their buy-to-let underwriting process and speed up the time to offer for their broker partners and their portfolio landlord clients.

The platform will provide Precise Mortgage’s broker network with easy access to record portfolio information and validate property addresses in a standardised format ready for submission. This simplified process will ensure Precise Mortgages and their brokers meet the Prudential Regulation Authority (PRA) underwriting standards, whilst streamlining their processes.

Dawn Mirfin (pictured), underwriting and real estate director, OSB Group, said: “The partnership with CoreLogic UK is a win win for all involved and will help support a smoother customer journey for brokers and their portfolio landlord clients.

“The additional time saving and simplification benefits to brokers such as the ability to upload multiple properties in a portfolio at the same time and to be assessed as part of a single application are a game changer. Plus, the property schedule is valid for 12 months as long as there are no changes to the portfolio.

“If brokers need any support with the BTL Hub, our award winning team is here to guide them through the process, and if the portfolio schedule is included with the submission we can even upload to the Buy to Let Hub on their behalf.”

Mark Blackwell, CoreLogic UK chief operating officer, added: “We are delighted to be working with Precise Mortgages and extend the Buy to Let Hub software further across the OSB Group.

“This will not only improve operational efficiencies ultimately helping get mortgage offers out faster but will also enhance the engagement between Precise Mortgages, their intermediaries and landlord clients.”

Latest POLL

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

More2life unveils Tailored Interest Reward lifetime mortgage

More2life has launched its latest lifetime mortgage, Tailored Interest Reward, designed to provide later...

Pivot provides complex multi-loan deal for Denby Dale development

Pivot has completed a funding package consisting of three loans for a residential development...

HREF reports record month for lending

Hilco Real Estate Finance (HREF) has recorded its strongest month to date, completing three...

Mortgage advisers failing over-50s on later life lending, Key warns

Mortgage advisers are not doing enough to support over-50s with later life lending options,...

Other news

More2life unveils Tailored Interest Reward lifetime mortgage

More2life has launched its latest lifetime mortgage, Tailored Interest Reward, designed to provide later...

Pivot provides complex multi-loan deal for Denby Dale development

Pivot has completed a funding package consisting of three loans for a residential development...

HREF reports record month for lending

Hilco Real Estate Finance (HREF) has recorded its strongest month to date, completing three...