Mortgage Advice Bureau (MAB) has joined the Open Property Data Association (OPDA), becoming the first major mortgage intermediary to do so.
The intermediary network will support the trade association’s mission to speed up homebuying by sharing digital property information across the home transaction.
MAB is the latest of several organisations to join OPDA; Movemnt joined last month, and major mortgage lenders NatWest Group, HSBC, and Nationwide joined this summer.
Lloyds Banking Group became a member of OPDA in March, and other members include Atom bank, PEXA, and Coadjute.
Donna Brenchley, chief transformation officer at Mortgage Advice Bureau, said: “Our mortgage advisers are at the coalface of the homebuying process, witnessing first-hand the difficulties and delays that customers face every day.
“We’re passionate about improving the homebuying experience for customers and streamlining the process for our advisers, and joining OPDA is integral to helping us achieve this goal.”
Maria Harris, chair of OPDA, said: “MAB’s direct knowledge of the day-to-day homebuying experience through its advisers is hugely beneficial.
“Their excellent network will be a great channel for getting improvements to the process out there.
“Along with work from our other members, MAB will help us to transform the homebuying process from what is currently a poor customer experience.”
