ClearScore and Koodoo have announced a partnership with Santander.
The partnership will see Koodoo’s digital mortgage platform allow ClearScore users with a Santander mortgage to compare remortgage products from the lender with the rest of the market.
The platform can be used to highlight the likelihood of approval, speed of execution, price and switch to a new product online.
In addition, the service is connected to L&C, through which an individual can receive fee-free advice, according to the firm.
Santander managing director Miguel Sard says: “We are pleased to be able to offer customers who choose to use ClearScore in their remortgaging journey a simple and efficient way to access our products.”
ClearScore chief executive and co-founder Justin Basini comments: “Our ultimate mission at ClearScore has always been to help everyone, no matter what their circumstances, achieve greater financial wellbeing.
“Our partners are key to this, and by working closely with Koodoo and Santander, we have been able to develop a market-first innovation that will simplify the remortgage process and help thousands of users save both time and money.”
Koodoo chief executive and co-founder Seb McDermott adds: “Up until now, it has been difficult to know what to do at the end of your initial term. It was hard to compare offers from your existing lender to those offered by the rest of the market.
“We are delighted to be working with ClearScore and Santander to change this.”