Iress adds Coventry BS and Godiva to Acre as firms aim to cut mortgage admin
Iress has extended its Lender Connect API for users of the Acre platform, with Coventry Building Society and Godiva Mortgages joining the network of participating lenders.
The addition enables advisers using Acre to transfer client information held within their CRM directly into mortgage applications with Coventry Building Society and Godiva Mortgages, reducing the need for duplicate data entry.
Warren O’Connell, head of business development at Iress, said: “Building stronger connections between adviser and lender technology is essential to reducing administration and improving the client experience.”
According to Iress, the integration can save advisers up to 20 minutes per case, while also helping to improve data accuracy and streamline the application journey for clients.
Jonathan Stinton, head of intermediary relationships at Coventry Building Society, said the expansion would make it easier for more brokers to work with the lender.
“By reducing administration and keeping key stages of the process in one place, brokers can spend more time supporting their clients,” he said.
Giving brokers the winning edge
Sponsored by Rely
Once a decision in principle has been secured, brokers can move directly to Coventry Building Society’s intermediary website to complete an application, Stinton added.
Justus Brown, managing director at Acre, said the addition of Coventry Building Society would further strengthen the platform’s sourcing capabilities.
“This gives advisers an even greater choice of mortgage lenders, enhancing the value they deliver to homeowners as they find the right products for their clients and accelerate lending to qualified borrowers,” he said.
O’Connell said: “It’s fantastic to see Lender Connect continue to grow as more lenders and technology partners come together to simplify the mortgage application journey.
“We’re delighted to be working with Coventry Building Society, Godiva Mortgages and Acre to extend the benefits of Lender Connect to more advisers, giving them a smoother journey from sourcing to application.”
Stinton added that the enhancement reflected the mutual’s ongoing commitment to supporting brokers with “the tools, technology and service they need to deliver the best possible outcomes for their clients”.
