ULS technology has agreed a new partnership with Foundation Home Loans to provide an integrated panel management service to the specialist lender.
The new service will enable Foundation to deliver electronic offers and certificates of title to customers.
As well as a full solicitor panel, the move will also provide access to a handpicked short panel of solicitors with particular expertise in specialist buy-to-let (BTL), such as HMOs.
This is the latest lender partnership announced by ULS technology which provides full back-office panel management services for lenders to better manage the risk, security and speed of their transactions. The software provider currently has existing partnerships with Principality Building Society, Hodge and Habito.
ULS technology director of lender services, Paul Saunders, said: “We are delighted to have been selected by Foundation to manage its solicitor panel and integrate our services to deliver customers with an enhanced home buying and remortgaging experience.
“Our partnership will enable the delivery of electronic offers and certificates of title to speed the process and will give Foundation customers access to a greater choice of high quality conveyancing firms with expertise in specialist BTL.
“We are looking forward to working together with Foundation to continue to improve the conveyancing process for all involved.”
Foundation head of lending, Sandra Robson-Clark, said: “We are always looking for ways to enhance the experience we offer to our customers and this partnership with ULS technology enables us to deliver increased expertise, speed and security.
“The technology integration will provide benefits for everyone in the process, helping transactions to move with greater efficiency and reliability.”
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