Acre and Nationwide offer DIPs in one click Mortgage Finance Gazette

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Brokers using the Acre platform can now apply for a decision-in-principle from Nationwide Building Society in a single click.

Acre says that the new link-up, via an application programming interface (API), will save brokers up to 45 minutes per case.

The platform uses publicly-available credit and property data, combined with customer information and verification checks to speed up the fact finding process.

Acre and Nationwide are working on further upgrades including full mortgage applications, document uploads and case tracking all via APIs.

Acre founder and chief executive Justus Brown says: “We are constantly evolving the platform’s tech to help brokers work smarter and faster to deliver better outcomes for clients.

“Nationwide is one of the UK’s leading lenders and we are excited to not just integrate them into Acre but also work with them in partnership to make the task of finding and securing the best product less time-consuming and have mortgages agreed at the click of a button.”

Nationwide intermediary digital relationships lead Andy Tilsley says: “New tech integrations, like this one with Acre, makes it easier for brokers to do business with us and improves the service overall.

“Acre’s proposition means brokers are assured they have all the right information in one place to ensure a smoother mortgage process with us and get to a Decision-in-Principle quicker than ever before.”