Shawbrook Bank has launched a buy-to-let platform for its full panel of brokers.

The lender says its MyShawbrook Buy-to-Let offers instant indicative mortgage offers, including automatic property valuations where applicable.

It adds the portal will streamline applications by integrating with third parties such as Companies House and Hometrack, cutting back on the need for unnecessary documents and data input.

During the test phase for the platform, the lender says it saw some cases move to formal mortgage offers in just 24 hours and complete in as little as seven days.

Shawbrook Bank director of strategy and digital transformation Claire Rankin says: “This is a key milestone in our digital journey, aimed to transform the mortgage process for both brokers and customers.

“We want to provide an easy and frictionless journey and to achieve this, we need to strike the perfect balance of advanced technology and expert people.

“These are both areas we have made a significant investment in over recent months and we’re excited for our brokers to reap the benefits.

“MyShawbrook Buy-to-Let aims to support all types of cases, from single dwelling applications, right through to the more complex, large portfolio cases – we look forward to providing a more efficient process to the Buy-to-Let market.”