9 April 2024, London: Acre, the innovative intermediary platform, today announced a new partnership with one of the UK’s largest mortgage lenders, Nationwide, that will allow brokers to secure one-click Decision-in-Principle applications with the building society via Acre’s platform.

Any Acre broker can connect seamlessly with Nationwide as of today via Application Programming Interfaces (APIs) that will save up to 45 minutes per case. Acre’s faster, more accurate fact find, which combines extensive publicly available credit and property data with customer information, and unique verification capabilities means Nationwide’s residential cases can be submitted electronically in one click.

This new partnership will also see Acre and Nationwide collaborate to bring new, exciting features to the intermediary platform such as full mortgage application submission, document upload and case tracking all via APIs to support greater client experiences and faster case applications.

Justus Brown, Acre founder and CEO, added: “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.”

Andy Tilsley, Intermediary Digital Relationships Lead at Nationwide Building Society, said: “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.”

Notes to Editors

Laura Moross (on behalf of Acre): laura@lsmpr.co.uk / 07969673895

About Acre

Acre’s mission is to change the process of buying a property – making owning a home faster, easier, more transparent, and ultimately cheaper for consumers. Born out of the Founders Factory incubator (in cooperation with Aviva), Acre’s broker platform uses innovative blockchain technology to put detailed consumer and property data at the heart of getting a mortgage. Find out more at www.acrttesoftware.com

About Nationwide Building Society

Nationwide is the world’s largest building society. It is owned by its 16 million customers and exists to serve their needs. The Society is one of the UK’s largest providers for mortgages, savings and current accounts, as well as being a major provider of ISAs. Credit cards, personal loans, insurance and investments.

As a mutual organisation, Nationwide Building Society uses its unique position to help rebuild society by making a positive difference to the lives of its customers and the communities in which they live. It is why Nationwide still values a branch network, supports communities through charitable grants, and places a premium on helping people thrive financially – whether helping them into a home of their own or giving them the financial support they need. Taking a stand and making a difference is what sets Nationwide apart.