Cumberland Building Society launches new broker portal

By Bridging Loan Directory 29th October 2024

Cumberland Building Society has announced the launch of its new broker portal, in partnership with Mast.

It is designed to streamline the mortgage process for intermediaries on their panel.

This new collaboration with Mast is part of The Cumberland’s ongoing commitment to improving the intermediary experience and follows the successful introduction of its affordability calculator earlier this year.

After a short implementation period, the Mast platform allows The Cumberland to seamlessly benefit from upgrades and continuous access to the latest features.

The broker portal offers mortgage advisers an efficient and user-friendly platform for managing client applications.

It goes beyond simply the broker portal, supporting the entire mortgage journey, from initial enquiry to application submission and completion, while automating administrative tasks such as document uploads.

Key benefits of the broker portal include:

• End-to-end management: from the initial enquiry through to submission, the portal supports the entire mortgage process, improving efficiency for brokers.

• Automation: administrative tasks, including document uploads, are streamlined, allowing brokers to focus on advising their clients rather than spending time on paperwork.

• User-friendly design: with its intuitive interface, the portal enables brokers to reduce turnaround times.

Grant Seaton, Head of Intermediary Lending at The Cumberland, commented:

“Our launch of the new broker portal represents another milestone in our mission to offer the best possible service to brokers.

The ability to reduce the time spent on administration is crucial for brokers navigating today’s market.

This follows the successful launch of our affordability calculator, which has already made a significant impact in speeding up the mortgage process.

We believe the portal will continue to improve broker interactions with us, ultimately helping them deliver faster, more accurate advice to their clients.”

Joy Abisaab, CEO of Mast, shared:

“We are delighted to have collaborated with The Cumberland and supported the launch of their broker portal.

Mast’s platform is built to drive efficiency in mortgage origination, and we believe this platform will transform how brokers interact with The Cumberland.

Our shared vision of leveraging technology to enhance the broker and client experience is at the heart of this partnership, and we look forward to seeing the positive impact this platform will have on intermediaries across the mortgage space.”