Twenty7tec will upgrade its Apply integration with Halifax to make the current decision in principle (DiP) application process easier for advisers.
Apply is an online platform that allows advisers to submit cases to multiple lenders at once for DiPs and full mortgages, as well as providing lender and product details. It also allows the customer, lender and intermediary to communicate and can integrate with third party platforms and consumer websites. The platform is used by all participants in the mortgage market, from lenders to mortgage advisers, comparison sites, and customers.
The new features will let advisers get DiP applications for self-employed customers and retrieve DiP certificates in Apply.
Twenty7tec has confirmed it is in talks about a merger with Bluecoat Software, which will mark the sourcing company’s entrance into the mortgage advice-focused software sector. This move followed Twenty7Tec’s recent partnership with Hometrack, which gives users of CloudTwenty7 access to Hometrack’s automatic valuation model for brokers.
Nathan Reilly, director of lender relationships at Twenty7Tec, said: “Since rolling out the Halifax integration early in 2021, we’ve seen strong engagement levels from advisers submitting DiPs to Halifax via Apply, with many praising the increased efficiency and time saving.
“We’re pleased to be in a position where advisers will now be able to place even more Halifax cases through CloudTwenty7 and download a DiP certificate that can be shared with their customers.”
Esther Dijkstra, managing director intermediaries, (pictured) added: “I am delighted that Twenty7tec has chosen to expand its Apply functionality with our update. This update is designed to provide the best service possible and is a step toward the capability to submit full mortgage applications via our API services, with more changes expected shortly.”
