Nationwide has announced integration of its API solution with the Smartr365 mortgage platform following a successful pilot.

The integration allows intermediaries to submit customer Decision in Principle (DIP) applications without needing to rekey data in the Nationwide portal.

The use of Smartr365, initially made available for remortgaging, will save users up to one hour per application through automating the process, Nationwide claimed.

Smartr365, which is estimated to be integrated with almost 50% of the UK mortgage market, also offers automatic identification and verification capabilities, as well as automated income verification services. Additionally, brokers can receive DIP decisioning in one central place through the platform.

Andy Tilsley, intermediary digital relationships lead, Nationwide Building Society, commented: “The digitisation of the mortgage journey has continued to move at pace in recent years, and this announcement reinforces our commitment to deploying the latest technology to help brokers. Technology is key to improving the service we offer brokers and their clients, both now and in the future, so we greatly look forward to extending our work with Smartr365.”

Other lenders with Smartr365 integration include Halifax, Barclays, Accord Mortgages, TSB, Leeds Building Society and Aldermore.

“The integration of Smartr365 technology within the Nationwide API solution is another step in driving a more seamless, efficient, and accurate mortgage journey,” said Conor Murphy, founder and CEO of Smartr365. “Not only will the DIP API system provide a significant time-saving benefit for brokers, but also reduce the risk of human error, creating a better level of service for clients.”