The platform includes automated credit reports, Open Banking integration to gather household expenditure, and committed expenditure automation to help speed up keying in times for brokers.
Before launch, the platform saw a successful six-week pilot with Bluestone's key partners.
Doug Hall, director at Mortgage Packager 3MC, comments:
“The application to completion journey for a specialist case has traditionally been a lengthy and burdensome task. Bluestone’s new platform has completely revolutionised this process, speeding up the application journey and ultimately resulting in better customer outcomes. Through the platform we have been able to provide an application to completion in just 21 working days, an outcome we never thought previously possible.”
Reece Beddall, sales & marketing Director, Bluestone Mortgages, adds:
“This launch marks an important milestone in our automation journey as we strive to deliver a seamless customer experience. This technology enables us to work smarter and faster, allowing us to dedicate more time to our holistic manual underwriting approach. We hope that by launching this platform we can encourage a greater uptake of Open Banking, to not only speed up the application journey for complex cases, but provide better outcomes for the end customer.”
