Mansfield Building Society: Simplifies Application Process With DirectID
- Mansfield Building Society has launched with open banking platform DirectID to make it easier for mortgage applicants
- The new service allows borrowers to give consent for their bank to share their statements online
- Borrowers simply need to login to their online banking via DirectID in order to give access to the Society for a limited period
- The service update is expected to improve the speed of validating income and expenditure and help prevent brokers
- Also allows Society colleagues to focus on giving more quality customer contact and a bigger focus on the individual approach
- This new service is a safe and convenient way for borrowers to provide their bank statements online
