Landbay is using software firm eTech for its new online portfolio landlord application platform.
The new platform gives brokers a dashboard allowing them to upload all portfolio property details.
Then can then monitor and manage the portfolios.
The platform is based on eTech’s Buy to Let Hub software.
The software automates all key criteria variables, sending summary reports automatically to underwriters and letting lenders assess individual applications quickly.
Landbay chief operating officer Paul Clampin says: “Combined with Landbay’s tech-enabled underwriting platform, portfolio landlords, and their brokers, are now able to use this efficient straight-through process to secure a loan, while the robust back-end will make this as quick and accurate as possible.”
ETech Solutions lending and surveying services director Mark Blackwell says: “With the buy-to-let market becoming ever more specialist we believe the Buy to Let Hub will bring great advantages to both lender and broker.”
OneSavings Bank is also using eTech software for its own portfolio landlord broker portal.