Twenty7Tec has announced that TSB has been added to its APPLY module following a successful trial.
The module has been rolled out to all users of the CloudTwenty7 platform to enable them to submit applications to TSB without the need for rekeying data.
During the trial phase of the integration, Twenty7Tec revealed that advisers from Mortgage Advice Bureau (MAB) and Connells Group submitted over 420 applications to TSB via APPLY, saving an average 20 minutes per application compared to rekeying the data directly into the lender’s portal.
The mortgage technology provider added that it integrated with IRESS Lender Connect software for the move, which TSB is using to support the transfer of data into its intermediary portal.
Users of CloudTwenty7 will be able to complete a TSB Decision in Principle (DIP) application in the CloudTwenty7 platform, reusing customer data, before passing the data to the TSB portal and submitting to the lender.
Twenty7Tec head of lender relationships, Nathan Reilly, commented: “With the market predicted to remain busy, integration across lenders and technology providers to drive more efficiency and time saving for advisers has never been more important.
“We’re delighted all APPLY users will now be able to benefit from our integration with TSB which removes the rekeying of data and speeds up the submission process.”
TSB national account manager, Paul Thornton, added: “I am really pleased that we are going to be continuing to work with Twenty7Tec after a really successful pilot. At TSB we are continuing work to develop technology which saves brokers time and make TSB easy to do business with.”
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