Twenty7Tec launches APPLY integration with Halifax
By Megha Bhattacharya
Mortgage technology provider Twenty7Tec announced that Halifax Intermediaries has been added to its APPLY module. The module is expected to be shortly rolled out to all of the users of the CloudTwenty7 platform to enable them to submit decision in principle applications to Halifax without the need for re-keying.
James Tucker, CEO of Twenty7Tec commented, “We have been working with Halifax since October 2020 to support the development of their API for decision in principle applications, and the success that we have both seen through our pilot has been hugely impressive”.
Tucker continued, “Feedback from our users in this pilot has re-enforced our strong belief that using APPLY to submit applications to Halifax saves significant amounts of time versus keying applications directly into the lender portal. This time saving ultimately results in the adviser spending more time with their clients, and therefore delivering the best possible service and exceptional standards of advice. We look forward to rolling the APPLY integration with Halifax out to all our users, as well as continuing to partner with Halifax to develop this solution further”.
According to Twenty7Tec, the APPLY integration with Halifax supports decision in principle requests for residential applications, as well as broker authentication, decisioning and case tracking. Further, if the decision in principle is accepted, the adviser is able to pick up the case in the Halifax portal and complete the full mortgage application. Halifax joins other top 10 lenders such as Nationwide, Barclays and Virgin who have all now completed and rolled out integrations with Twenty7Tec’s APPLY module, with more to follow in 2021.
Ian Wilson, Head of Halifax Intermediaries, added, “We are delighted to be announcing this integration with Twenty7tec as one of the significant technology players in our market. As technology moves forward and our customers’ expectations change, it is imperative that we keep up with and advance the ways in which Intermediaries can do business with us to meet the needs of customers. API integrations have been long awaited in the market and whilst we all have much to learn we are delighted to have made this significant step”.
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