Vida Homeloans has launched its new Buy to Let Hub, aimed at improving its portfolio underwriting service to brokers.
The eTech platform has been launched to improve the broker experience by introducing time saving tools and abilities, designed to make the mortgage application process streamlined and as easy as possible. Brokers will have the ability to view all live applications on one dashboard, while having the option to create new property portfolios based on previous application data. This allows the broker to create duplicate jobs, making for a more efficient process.
Data can also be imported from Excel using the broker’s own template or the Vida Homeloans Property Portfolio Schedule.
In the hub, current Energy Performance Certificate (EPC) ratings are displayed against each property portfolio. The system updates the EPC automatically from the EPC Registers database, meaning the rating is readily available to the broker or landlord for review.
Louisa Sedgwick (pictured), director of sales, mortgages, at Vida Homeloans, said: “Evolving technology is improving the broker experience and has been a key driving force behind changing the face of the industry. At Vida, we are constantly looking for ways to improve our offering, enabling brokers to do their jobs in the most efficient and time saving way.
“This new buy-to-let hub, powered by eTech, includes creative and innovative features that will enhance the overall experience for brokers dealing with buy-to-let portfolios. Specialist lending doesn’t have to be complicated, and the industry must work together to equip brokers with the right tools to drive their business forward and help those customers who are underserved by the high street banks.”