Twenty7Tec to roll out APPLY integration with Kensington Mortgages

Mortgage technology provider Twenty7tec has added the specialist Lender, Kensington Mortgages to its APPLY module, enabling mortgage intermediaries to submit Decisions in Principle to Kensington from APPLY, without the need to rekey data.

APPLY streamlines the application submission process by acting as the single point of transmission for all data, documents and communication relating to the application.

This is now in the pilot phase and will be rolled out in due course.

Nathan Reilly, Director of customer relationships at Twenty7tec noted “This exciting announcement further strengthens the long-standing relationship between Twenty7tec and Kensington Mortgages, and underlines both parties’ commitment to delivering innovation and efficiency for advisers. I’m confident the increased time saving and certainty the integration offers will be well received by advisers at a time when it’s never been more important.”

Eloise Hall, Interim Head of National Accounts commented: “Kensington is committed to offering our broker partners an easy and speedy service, showcased by our record-breaking year of continuous day 1 service levels. By working with the team at Twenty7tec, we are able to take this to the next level offering our valued broker partners a more simplified and streamlined journey based on cutting-edge technology and expertise.”

About Twenty7Tec:

 

The power and benefits of great financial advice are unquestionable. Twenty7tec, through our Velocity platform, is committed to designing and building exceptional technology, that supports mortgage, protection, and wealth advisers in delivering exceptional client outcomes.

Our technology is used by advisers, lenders, product providers, and financial institutions to underpin the effective delivery of financial advice to millions of consumers in the UK. On a daily basis, over 16,000 mortgage, protection and wealth advisers utilise our Velocity platform.

ABOUT KENSINGTON MORTGAGES

Kensington is the UK’s leading non-bank specialist mortgage lender.

Our 25 year heritage in specialist mortgages means that we understand better than most that no two people are the same. We use a combination of data and human insight to look beneath the surface, and unlike mainstream lenders, who all too often rely on what the computer says, we use real people to make our decisions. It’s this “head and heart” approach which is the key to what we call the #KensingtonDifference.

With assets under management of over £11billion, Kensington services c£5billion assets for third parties. It originated c£1.4billion of new mortgages in 2019 representing a CAGR of more than 25% over the last four years. Kensington is one of the most frequent issuers of residential mortgage backed securities in the UK with 23 securitisations totalling over £13billion since 2015.

For more information visit www.kensingtonmortgages.co.uk or join the conversation on LinkedIn @KensingtonMortgages and Twitter @KensingtonChat

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