Twenty7tec’s Velocity users benefit from Natwest integration

Published on

Twenty7tec has integrated Natwest into the APPLY module.

It will streamline the research and application process for intermediaries by removing the need to re-key data and navigate multiple systems.

Velocity users will now be able to submit both Decision in Principle (DiP) and Full Mortgage Applications (FMA) to Natwest via APPLY, and have the ability to download a DiP certificate, upload required customer documentation, make customer card payments and manage case updates and decisioning through APPLY.

This end-to-end integration has been piloted by Connells Group and Mortgage Advice Bureau (MAB), and now it is being rolled out more widely to all Velocity users.

Nathan Reilly

Nathan Reilly, director of customer relationships at Twenty7tec, said: “With advisers still having to navigate regular product and rate changes, there has arguably never been a greater onus on speed and certainty for advisers, whilst still having to maintain the same level of accuracy.

“By seamlessly passing data from the research process through to submission, the integration between APPLY and NatWest meets the needs of advisers by delivering a more efficient and robust submission process, alongside giving them more time to help their customer navigate a constantly evolving market.”

Bradley Fordham, head of NatWest Distribution, added: “This collaborative integration using NatWest APIs focussed on simplification and journey, ensuring that advisers can use one application to research and support their customers’ before submitting and managing an application.

“This maximises the advisers time with their customer, improves accuracy in the process and speeds up decisioning.

“As the journey utilises the same APIs that support the NatWest portal, the adviser can be assured that the application will provide the same customer outcome and packaging requirements.”

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

Swap rates fall but funding risks remain, warns Moneyfacts

In a week that saw more than 20 lenders reduce their fixed mortgage rates,...

Growing calls for government to overhaul Stamp Duty for FTBs

Mortgage industry figures are urging the government to review stamp duty for first-time buyers...

L&G launches later life lending campaign

L&G has launched a later life lending campaign featuring short documentary-style films highlighting the...

West Brom reduces rates by up to 0.18%

West Brom Building Society has reduced rates across its two-year fixed purchase mortgage range,...

more2life calls for innovation and technology to drive later life lending growth

Later life lender more2life has called on the wider industry to ensure product innovation...

Latest publication

Other news

Swap rates fall but funding risks remain, warns Moneyfacts

In a week that saw more than 20 lenders reduce their fixed mortgage rates,...

Growing calls for government to overhaul Stamp Duty for FTBs

Mortgage industry figures are urging the government to review stamp duty for first-time buyers...

L&G launches later life lending campaign

L&G has launched a later life lending campaign featuring short documentary-style films highlighting the...