Buy to Let Business secures first API link with Foundation

  • 09/08/2018
  • 0
Buy to Let Business secures first API link with Foundation
The Buy to Let Business has launched its first application programming interface link (API) with Foundation Home Loans.


The move will speed-up submission of applications through the firm’s portal and reduce re-keying of data, it said.

A spokeswoman from The Buy to Let Business (TBTLB) told Specialist Lending Solutions that while there were no other lenders in the pipeline yet, the firm was looking to continue expanding this technology.

Foundation added that it was expecting to rollout the interface technology for its system with other distributors as well.

Broker users will not have to re-enter information but will be directed to input the application details onto their own system only.

Instead of logging into Foundation Home Loan’s broker portal, advisers sending the decision in principle (DIP) directly can choose the product and submit their choice, with the decision being posted within The Buy to Let Business’ system.


Share with additional distributors

The Buy to Let Business managing director Ying Tan said: “We are delighted to be working in partnership with Foundation Home Loans on this exciting new interface.

“As a company we are passionate about embracing technology in order to streamline procedures and this is a great example of lenders and brokers working together to benefit the client.”

Foundation Home Loans commercial director Andrew Ferguson said: “Recognising the pace of technological development in the sector, we are embracing this new API programming to innovate the way we support adviser’s experience and day-to-day client work.

“We expect to share this technology with additional distributors in the foreseeable future and are confident the offer will prove favourable with our advisers.”




There are 0 Comment(s)

You may also be interested in


Keep up-to-date with all the breaking bridging and short-term lending news and analysis, from regulatory changes to product innovation and inside market knowledge. Take a look at our broker and lender case studies showing short-term finance in practice.


Find all the news, opinion and analysis for property finance brokers specialising in commercial and semi-commercial mortgages, alternative and development finance for commercial investments in residential projects.

Second charge

Stay up-to-date with the latest news, analysis and opinion on the secured loan market as it evolves into a mainstream finance option following European regulation on 21 March 2016.

Complex buy-to-let

Whether it’s a complicated asset or a complex customer, you’ll find out all the breaking buy-to-let news in this section. From limited companies to portfolio landlords, student lets to a House in Multiple Occupation, we’ve got all bases covered with our up-to-the-minute news, analysis and opinion.

Mortgage Solutions

Find all the breaking news, analysis and industry comment on Specialist Lending Solutions' sister site, Mortgage Solutions
Read previous post:
John Goodall, Landbay
Rental sector provides valuable springboard for first-time buyers – Goodall

Homeownership often tops the list of aspirations for young people in the UK – largely driven by an obsession to...