Foundation Home Loans has announced the launch of the first stage of its online proposition with the rollout of its new portal for introducer partners.

TED (Technology Enhanced Decisioning) will allow introducers to complete online DIPs and send applications directly to FHL, upload supporting documents and track ongoing cases.

Simon Bayley, the Bracknell based buy-to-let lender’s commercial director, claimed the new portal is just the first step in establishing Foundation Home Loans as a “technology leader” in buy-to-let.

He said: “In just over a year since our launch, FHL has already established a reputation for developing keenly priced niche products for landlords as well as championing non premium priced Limited Company products at a time when many other lenders were charging an extra margin.

“Our stated aim has always been to constantly improve our service for our introducer partners and the launch of our new portal demonstrates our commitment to providing the conditions which make dealing with FHL, the simplest and most efficient in the market.

“I would add that this is just a first step in creating the best online experience for introducers, backed up by the wealth of accessible human experience we have both at head office and in the field through our regional account managers. Introducers can expect to see regular additional services and other enhancements to the system in the months to come.”

Ying Tan, managing director at Buy to Let Club, added: “We have been part of the beta testing on the new portal and are impressed with the look and feel, the ease of use and the efficiency it has brought to dealing with FHL. We look forward to working with FHL on the next stage of development.”