Landbay has fully integrated Cotality UK’s BTL hub, becoming the first BTL lender to do so.
Integrating with the platform via APIs will allow Landbay to offer a more efficient and less manual mortgage application process.
This will include a simplified portfolio submission process, designed to help brokers navigate PRA underwriting standards for BTL mortgages.
“Landbay consistently strives to improve the predictability of the mortgage decisioning process while reducing the burden on our intermediary partners,” said Paul Clampin, chief lending officer at Landbay.
“Information will be submitted directly into Landbay’ s award winning system.
“This will automate the assessment of portfolio information with the key systems at Cotality.”
Mark Blackwell, chief operating officer at Cotality UK, added: “We are delighted to extend our relationship with Landbay, improving the efficiency of the mortgage journey.
“Integrating all our systems to mortgage lending operating platforms is creating a faster, more secure and seamless data journey for brokers and lenders.”
