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YBS to launch new mortgage application software with IRESS

Yorkshire Building Society Group will deliver a new online mortgage application platform with technology business IRESS.

The new mortgage sales and originations software will be introduced across Yorkshire Building Society Group with a phased roll out starting with new lending via its intermediary arm, Accord Mortgages, in 2019.

The new technology aims to improve the lender’s service to brokers and ultimately direct lending customers, creating a more efficient experience, generating quicker mortgage lending decisions and giving access to companies such as valuers and conveyancers to simplify the mortgage application process as much as possible.

YBS Group director of intermediary lending Jeremy Duncombe says: “The appointment of IRESS is the latest in a series of developments we continue to make to strengthen our role in the intermediary market.

“There’s no doubt brokers value the importance of a human touch throughout the mortgage application process – our core strategy of principle based underwriting and named underwriter contacts will remain key – however, it’s also important we have leading edge technology to complement our teams and the intermediaries we work with.

“We are pleased to have IRESS on board and truly believe this will help us to further enhance what we can offer to the ever evolving mortgage market.”

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