The platform will provide the lender's broker network with easy access to portfolio information
Specialist lender Precise Mortgages has partnered with platform developer CoreLogic UK to help support its buy-to-let underwriting process and speed up the time to offer for broker partners and their portfolio landlord clients.
Precise Mortgages, part of the OSB Group, will be using CoreLogic’s Buy to Let Hub platform, which will provide the lender’s broker network with easy access to record portfolio information and validate property addresses in a standardised format ready for submission.
“The partnership with CoreLogic UK is a win-win for all involved and will help support a smoother customer journey for brokers and their portfolio landlord clients,” Dawn Mirfin (pictured), underwriting and real estate director at the OSB Group, said.
“The additional time-saving and simplification benefits to brokers, such as the ability to upload multiple properties in a portfolio at the same time, and to be assessed as part of a single application are a game changer. Plus, the property schedule is valid for 12 months as long as there are no changes to the portfolio.”
Mirfin added that should brokers need any support with CoreLogic’s Buy to Let Hub platform, the Precise Mortgages team would guide them through the process, and could even upload to the platform on their behalf if the portfolio schedule is included with the submission.
Mark Blackwell, chief operating officer at CoreLogic UK, said they were delighted to be working with Precise Mortgages and to extend the Buy to Let Hub software further across the OSB Group.
“This will not only improve operational efficiencies ultimately helping get mortgage offers out faster, but will also enhance the engagement between Precise Mortgages, their intermediaries and landlord clients,” Blackwell stated.
Want to be regularly updated with mortgage news and features? Get exclusive interviews, breaking news, and industry events in your inbox – subscribe to our FREE daily newsletter.
