Smartr365 and Experian have built on their partnership, with new credit check features available to mortgage advisers using the platform.
Using Experian’s Open Banking capabilities, advisers will now be able to pre-populate data collected during the fact-find process.
Advisers can get client consent to do this directly through the platform, which will send an email asking a client to accept or decline this feature.
A credit check will be carried out immediately after gaining approval and this data will automatically be input with up-to-date information.
Conor Murphy, CEO of Smartr365, said the new features would “rapidly transform the mortgage journey”, benefitting both brokers and their clients.
He said: “This integration marks a significant step forward in our mission to simplify the mortgage process for all of our brokers. The ability for advisers to conduct credit checks on behalf of their clients not only streamlines the process, but also enhances the overall user experience, which is available to all including our major distribution partners Sesame Bankhall Group, Just Mortgages, Openwork, and Legal and General.
“At Smartr365, we are committed to continuously improving our platform to meet the evolving needs of our users.”
Paul Speirs, managing director of consumer information services at Experian UK and Ireland, said: “Our collaboration with Smartr365 has always aimed at providing innovative solutions for mortgage advisers and helping move them into the digital age.
“By tapping into our expertise in data, analytics and software, we can make processes simpler, faster and more certain. We are excited about the potential impact these updates will have on advisers and their clients.”
These updates are now live and available to all users who sign up to the service through Smartr365.
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS
