Specialist buy-to-let (BTL) lender Keystone Property Finance has announced a new partnership with identity verification provider, ID-Pal.
The move will improve Keystone’s digital onboarding process for both mortgage brokers and borrowers.
Through the partnership, Keystone will leverage ID-Pal’s identity verification solution to seamlessly verify identities and addresses via a secure, branded client-facing app. ID-Pal’s real-time decisioning and automated workflows reduce the full client onboarding process to just seconds.
This will make Keystone’s mortgage application process easier for both brokers and landlord clients, saving the amount of time spent on administrative tasks.
Keystone managing director, Elise Coole, said: “We are always looking for new ways to streamline our customer journey and we are confident our new partnership with ID-Pal will cut a significant amount of time off our application processing times.
“We’ve always put technology right at the heart of our business, having created our bespoke system from scratch when we launched in 2018. Our new relationship builds on that and ensures we have a cutting-edge offering that rivals anything in the specialist BTL market.”
CEO and founder of ID-Pal, Colum Lyons, added: “Our partnership with Keystone Property Finance is a natural fit, sharing, as we do, a common vision when it comes to harnessing the power of technology to improve how our customers do business. We are pleased to be supporting such a crucial part of the housing market through this challenging time, and beyond.”
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