Intermediary platform Acre has announced an upgrade in its functionality with Nationwide which will give brokers the ability to submit full mortgage applications.

The move will allow brokers to bypass the building society’s online portal and reduce the time needed for completion.

Acre said the move marks the first time a CRM has brought the full mortgage application process into its system. Its enhancement with Nationwide will reduce the process of rekeying data and speed up the entire mortgage process, with the group estimating it will save up to an additional 20 minutes per case.

The time saved is due to the additional information required for Nationwide’s full mortgage application being pre-populated from Acre’s fact find.

“We strive to be the ultimate partner for brokers for the mortgage journey, delivering new ways to help them save valuable time and money and get their clients into their homes quicker than ever before,” Acre’s vice president of product innovation, Reuben Thompson, said.

“The ongoing work we are doing with Nationwide is a direct reflection of this and indicates where we see the future of mortgage technology heading – driving us towards a one-click mortgage application.”

Head of intermediary digital at Nationwide, Andy Tilsley, added: “This is a great milestone to achieve, brought about through collaboration at pace. Making it simpler for brokers and saving them time remain key objectives for us.

“Whilst this is fantastic news, we are not resting on our laurels and will be continuing to make further enhancements to benefit brokers.”

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