An API-led integration with Kensington has now been completed which means brokers with access to the SmartrFit tool can include the lender as part of their search for lending options.

L&G said with the recent addition of Ipswich and Metro bank to the tool means it now provides over 92% market access for residential searches for its users. 

The API integration with Kensington Mortgages uses open banking technology to provide an even faster and more secure connection between the two parties.

This, said L&G, would bring direct benefits to advisers by ensuring the information contained in SmartrFit was correctly updated in real-time to avoid potential outages when the lender made changes to its criteria.

As well as criteria checks, SmartrFit also has a built-in affordability calculator which aims to improve the accuracy of the results advisers see by eliminating lenders which would not consider an applicant based on their criteria.

Legal & General’s SmartrFit tool is free-to-use and can be accessed whether an adviser is a member of the Mortgage Club or not, although users will need an agency number to login.

This reflects Legal & General’s commitment to developing technology that makes it easier for advisers to conduct business.

Craig McKinlay, new business director, Kensington Mortgages, said: “The pandemic has made it clear to us all that digital solutions are essential to innovation in the mortgage market and we hope that by integrating with the Club via an API, we will ensure advisers are confident about our criteria when packaging cases.”