New process features a simplified application process and dedicated underwriter support
LendInvest Mortgages has introduced a streamlined product transfer process for buy-to-let customers nearing the end of their fixed-term agreements.
The move follows the recent incorporation of buy-to-let options into the lender’s proprietary Mortgages Portal, further simplifying the mortgage process through technological advancements.
The new product transfer method features a simplified application process, dedicated underwriter support, and eliminates the need for legal involvement on pound-for-pound transfers.
LendInvest said that by automating most of the customer information through its Mortgages Portal, the process minimises manual checks by retrieving details from existing case histories, thereby saving time for both brokers and their clients.
Full details of the new product transfer process can be found on LendInvest’s website.
“We’ve said since the start of the year that we want to back landlords to succeed, and through our technology and products, we’re continuing to do that,” stated Sophie Mitchell-Charman (pictured), commercial director at LendInvest.
“The new product transfer process is a huge milestone for us and a great leap forward for brokers and their customers, made possible by the power of the Mortgages Portal. We’ll help make the complex and stressful parts of the remortgage process simple.”
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