Twenty7Tec to integrate APPLY module with Skipton Building Society’s platform

By Megha Bhattacharya

Mortgage technology provider Twenty7Tec today announced that it has entered into an agreement with Skipton Building Society. The collaboration is expected to support the integration of Twenty7Tec’s APPLY module with Skipton’s origination platform. The companies aim to roll out the integration in Q1 2021.

James Tucker, CEO of Twenty7Tec, noted, “Through our work with Skipton, we have been deeply impressed by the extent to which they understand how important investments in technology are in order to best support the intermediary market. This full end to end integration will make the process of searching, applying for and obtaining a mortgage from Skipton Building Society, simpler, faster and more efficient”.

According to Twenty7Tec, APPLY powered by CloudTwenty7 connects lender origination platforms to intermediary CRM systems via a range of APIs. It aims to streamline the application submission process by acting as the single point of transmission for all data and documents relating to the application. Companies can leverage APPLY to submit either decisions in principle or full mortgage applications to any lender connected to the APPLY system, as well as upload documents and case notes, pay fees, and receive case tracking updates all the way through to completion.

Twenty7Tec’s CloudTwenty7 platform has been developed with an aim to make the process of searching, applying for and obtaining a mortgage simpler, faster and more efficient. The platform can be used by all participants in the mortgage market.

Alex Beavis, Head of Mortgages at Skipton Building Society, added, “At Skipton, we believe it’s vital to continue to invest in technology to enable us to continually evolve our customer and broker experience at every touch point. This investment in new technology with Twenty7Tec highlights just that, it will enable us to improve the whole experience, by not only speeding up the application process but by supporting our broker partners too, making the whole process simpler and more efficient for all parties.”