NatWest joins MoneySuperMarket’s mortgage platform

NatWest has been integrated into MoneySuperMarket’s mortgage comparison technology platform.

NatWest joins Nationwide and Santander as the first three lenders to be integrated into the price comparison website’s platform via APIs, which will allow customers to compare products and get a decision in principle on a remortgage within minutes, MoneySuperMarket said.

The site’s API platform has been built in partnership with technology firm Podium Solutions.

MoneySuperMarket said the new integration provides a quick and seamless journey for consumers to understand if they will qualify for the mortgage amount before they proceed to a full digital application form online.

The comparison site plans to extend its use of the integration technology over the coming months with additional lenders and to replicate the process for customers searching for a mortgage on a new residential property, as well as on buy-to-let mortgages.

Dave Harries, head of digital distribution at NatWest Bank said: “The integration of our Decision in Principle API into the MoneySuperMarket remortgages search offers customers an instant indication of how much we might lend to them, giving them greater transparency and confidence early in the mortgage journey. We look forward to expanding the offering into other types of mortgage products in the coming months.”

Mark Gracey, corporate development director at MoneySuperMarket said: “Direct digital integrations with three of the top six lenders on MoneySuperMarket’s mortgage platform simplifies the process and reduces the effort of comparing mortgages. We are pleased to be able to partner with the experienced team at Podium to deliver these significant enhancements for our customers.”

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