Newcastle Intermediaries has announced a new partnership with Experian.

The lender has joined Experian’s mortgage eligibility hub to help brokers save time during the early stages of the mortgage process.

The pre-qualification technology, available through Experian’s intermediary distribution partners including Mortgage Gym, The New Homes Group and Trussle, allows brokers to help their clients identify available options based on an aggregated view of affordability, credit history and current lending criteria.

Newcastle Intermediaries said it has adopted the “highest level of integration” to simplify the process and provide brokers with accurate lending decisions.

“This partnership with Experian is part of our wider and significant investment into digital capability and will make it easier and faster for brokers to place their business with us,” said Newcastle Building Society head of intermediary mortgages, Franco Di Pietro.

“The technology will deliver immediate time-saving benefits for brokers who have access and gives them a more accurate indication of lenders’ willingness to lend earlier in the process.

“It’s one of the ways we’re transforming our mortgage process to make us even more accessible to brokers, whilst making them more efficient and adding real value to their business.”

Experian managing director of consumer information services, Paul Speirs, added: “We’re delighted to welcome Newcastle Intermediaries onto our pre-qualification panel.

“By using our pre-qualification technology, it provides them with a much better understanding of a prospective customer’s financial situation, making it easier to determine which products are right for them. Not only does pre-qualification free up valuable time, but it also ensures that there’s no impact on the customer’s credit score.”

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