Newcastle Intermediaries has completed a new integration with Twenty7Tec.

The lender has integrated its affordability criteria with Twenty7Tec’s SOURCE module, as part of a move to make the process for brokers more efficient when looking to select a product for their client.

Twenty7Tec’s SOURCE displays product, criteria and lender affordability information to help advisers choose the most appropriate recommendation for their customer.

This extended functionality is available following Newcastle Intermediaries’ recently announced partnership with Experian, helping to offer more accurate affordability calculations during the early stages of the mortgage process.

Newcastle Building Society head of intermediary mortgages, Franco Di Pietro, commented: “We’re making a significant investment into our digital capability and this further integration with Twenty7Tec is another way we’re transforming our mortgage process to make business even easier for brokers.

“Adding affordability to Twenty7Tec’s platform will help us be even more accessible and deliver significant efficiencies whilst adding speed and certainty to the early stage of the process.”

Twenty7Tec director of lender relationships, Nathan Reilly, added: “Being able to assess all three areas of eligibility is an essential part of the advice process, which can often prove to be time-consuming and inefficient for advisers.

“Through SOURCE and the integration of Newcastle Intermediaries affordability data, users will now be able to complete a combined product, criteria and affordability source that presents a single set of results, which in turn simplifies and consolidates the research process.”

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