"We’ve said since the start of the year we want to back landlords to succeed, and through our technology and products we’re continuing to do that"
- Sophie Mitchell-Charman - LendInvest
LendInvest Mortgages has announced that it has streamlined its Product Transfer process for buy-to-let customers who are approaching the end of their fixed term.
After launching buy-to-let in its proprietary Mortgages Portal last month, this marks another step in its journey to make mortgages simple through technology.
The changes will see a reduced application form, dedicated underwriter support, and no legals on pound-for-pound Product Transfers.
Made possible by the Mortgages Portal, the majority of the customers’ information is automated, with checks happening behind the scenes as details are pulled from their case history.
Sophie Mitchell-Charman (pictured), Commercial Director at LendInvest, said: “We’ve said since the start of the year we want to back landlords to succeed, and through our technology and products we’re continuing to do that.
“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.”
