Intermediary mortgage and protection platform Acre has integrated data from Land Registry in to its property portal in a bid to speed up the application process.
The function will allow mortgage brokers to access information about properties in the UK which it says will minimise the number of cases falling through as risks will be identified earlier in the process and managed during conveyancing.
The firm’s property portal pulls data from 45 other sources and adds it to the fact find. The company said this gives brokers the ability to source the right products for a client.
Acre launched to market last year as an end-to-end platform for intermediaries by bringing together the CRM, application and sourcing software.
Justus Brown, founder and CEO of Acre, said: “Around 27 per cent of the fallen-through home sales last year were due to survey issues or difficulty securing a mortgage. Brokers can now easily access vital records via Acre in order to uncover any stumbling blocks earlier on in the process, which means that the risk of the deal collapsing is reduced.
“Plus, as Acre’s technology pulls this data into its platform, we can reduce the time and efforts for brokers at the early stages of the application process, leading to happier, less frustrated clients.”
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS
