New application system launched by Barclays

August 24, 2025 by Brendan O'Neill

Lenders

A new system for the completion of mortgage applications has been launched by Barclays, and the lender says it will make the process quicker and easier for mortgage advisors.

This new system can be used for applications for residential mortgages. All the early signs are encouraging, with advisors claiming that it has reduced completion times by 15 minutes on average. Barclays came up with the system based on information provided by mortgage advisors. This means it should be custom built for their needs, with the main aim being to cut the time spent on routine tasks.

Now it has been given a full rollout, the previous system has been phased out. Among the improvements offered by the new system are reduced paperwork and no need for data to be re-entered multiple times. In practice, this cuts the amount of time needed for applications by as much as two-thirds.

The head of intermediaries at the bank is Roland McCormack. He spoke to Mortgage Introducer about the new system, saying that Barclays had listened to what advisors had told them and responded to it.

He then went on to say that:

“Our new application system has been shaped by extensive broker feedback and is designed to specifically address their needs, bringing wholesale improvements in key areas.”

He concluded by stating that it was another step in a wider process of change for the bank.

This will be welcome for busy mortgages advisors after their CeMAP training.