Online broker and buy-to-let lender Habito launched a new broker portal in partnership with Connect for Intermediaries.

The new technology platform will allow advisers to input their clients’ details to run an automated valuation, credit and affordability check in order to generate an instant decision.

If the decision is approved, brokers can go on to submit a full application and should receive an offer within 10 days.

The portal also provides advisers with automated feedback so that when a customer does not meet Habito’s lending criteria this can be flagged early so that an alternative lender can be found.

Habito has developed a “Portfolio Checker” tool to help landlords handle the administrative burden of managing multiple properties. 

Brokers using Habito’s portal will be able to manage multiple applications in one place and check for missing documentation using their personalised dashboard.

Habito launched its first range of buy-to-let mortgages in July 2019. 

Earlier this year, Habito partnered with Connect for Intermediaries, followed by impact Specialist Finance to distribute its buy-to-let products. 

Last week, Dynamo for Intermediaries and Habito announced a strategic partnership. 

Habito chief strategy officer Martijn van der Heijden says: “We are on a mission to make mortgages easier for all and our origination platform and portal are testament to this. 

“For us, the key to making meaningful improvements is extensive customer research and user testing. 

“With this in mind, we made the decision to extend our offer beyond our own brokerage and speak to a network of like-minded brokers to see how automation and innovation could help them better serve their clients.

“Connect for Intermediaries were the first to come on board in January 2020 and have been an invaluable partner, helping us design and shape an intermediary portal we feel is a game-changer for the industry. 

“Using Connect’s extensive broker network and deep insights, we have been able to take real-life pain points and solve them with seamless connectivity and easy-to-use functionality.” 

Connect for Intermediaries chief executive Liz Syms says: “The ability to streamline the application process and use automatic valuations is very much welcome in the current market. 

“The team at Connect were pleased to be part of helping Habito to develop the system and look forward to assisting with the launch of Habito’s offering to our advisers and clients.”