Shawbrook partners with Etech as Zephyr expands distribution – roundup

Shawbrook has been added to the eTech Buy to Let hub.

The system provides intermediaries and lenders with a simplified application submission platform to meet underwriting standards for landlords with large-scale property portfolios.

Several lenders are already using the eTech system, including Keystone Property Finance, Landbay as well as Paragon which joined the platform last month.

Mark Blackwell, chief operating officer of eTech (pictured), said he is delighted Shawbrook had chosen to adopt the hub technology.

He said: “Mortgage intermediaries will benefit from access to a simplified portfolio upload process, automated data verification and population into lender specific templates, and instant submission of applications in real-time.

“Shawbrook will be able to configure their own rules and perform automated stress testing, ultimately enabling faster response times to accepted loan applications.”

Gavin Seaholme, head of sales at Shawbrook Commercial Mortgages, added: “We are excited to be able to offer this progressive technology to our broker partners – and believe it will make a big difference to their ability to service their clients quickly and efficiently.”

Zephyr adds Buy to Let Club

Zephyr Homeloans’ products will be available via Buy to Let Club’s fee-free packaging service.

Zephyr was launched by Computershare in December on behalf of external funders looking to access the UK market and signed distribution deals with Connect and Complete FS earlier this month.

Ying Tan, founder and chief executive of Buy to Let Club, said: “We are delighted to be teaming up with Zephyr Homeloans.

“Their diverse criteria including houses of multiple occupation and multi-unit blocks and competitive rates will undoubtedly prove popular with portfolio landlords and investors, as will their high LTV options up to 80%.”

Peter Charge, head of sales at Zephyr Homeloans, added: “The Buy to Let Club has extensive knowledge of the specialist buy to let market and we look forward to developing a strong relationship with them as we grow the Zephyr Homeloans brand.”