Vida Homeloans has today announced the launch of its new Buy to Let Hub, powered by eTech, specifically designed to improve its portfolio underwriting service to brokers.

This enhancement to Vida’s BTL Portfolio proposition coincides with its ’Every Mortgage Tells a Story’ campaign, which aims to help brokers identify specialist BTL portfolio customers and satisfy their complex requirements, whether they are expats, trading limited companies or SPVs, purchasing or remortgaging portfolios that contain HMOs, MUBs or flats above commercial premises.
 
The eTech platform has been launched to enhance the broker experience by introducing time saving tools and abilities 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
 
An additional benefit provided by Vida’s BTL Hub is that 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.

Vida Homeloans director of sales, mortgages, Louisa Sedgwick  commented: “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 BTL Hub, powered by eTech, includes creative and innovative features that will enhance the overall experience for brokers dealing with BTL 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.”
 

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