The technology offers instant indicative mortgage offers, including automatic valuations models (AVMs) where applicable.
Shawbrook Bank has launched its MyShawbrook Buy-to-Let portalto its full panel of broker partners.
The technology offers instant indicative mortgage offers, including automatic valuations models (AVMs) where applicable.
The digital solution aims to allow Shawbrook to provide quicker, more consistent and more reliable credit decisions to customers, based on actual valuation data and insights via application programme interface (API) technology.
The portal also aims to streamline the application process by integrating with third-parties, such as Companies House and Hometrack, reducing the need for additional documents and data input.
Claire Rankin, director of strategy and digital transformation at Shawbrook Bank, said: “We’re proud to unveil our ground-breaking new portal to the wider market, following a successful pilot programme.
"This is a key milestone in our digital journey, aimed to transform the mortgage process for both brokers and customers.
"We want to provide an easy and frictionless journey and to achieve this, we need to strike the perfect balance of advanced technology and expert people.
"These are both areas we have made significant investment in over recent months and we’re excited for our brokers to reap the benefits.
“MyShawbrook Buy-to-Let aims to support all types of cases, from single dwelling applications, right through to the more complex, large portfolio cases – we look forward to providing a more efficient process to the Buy-to-Let market.”
Phil Gray, managing director at Watts Commercial, added: “As you would expect from Shawbrook Bank, MyShawbrook Buy-to-Let is a really user-friendly system, which is straightforward and easy to use.
"It's quick, uncomplicated and really adds value to the process for both broker and Shawbrook.
“I would honestly say it's the best platform in the market and our favourite one to use.”
