BTL lender Landbay has announced a new partnership with property data provider WhenFresh, to assist and speed up its underwriting process.
WhenFresh data now assists Landbay in minimising risk and making informed decisions faster by building a complete picture of the property, which supports the latest range of automated valuation model (AVM) products.
AVMs are available on a new standalone range of five-year fixed-rate products, with a maximum property value of £750,000 at 70% LTV.
Rates start at 4.29% and are stressed at payrate, with Landbay’s variable fee structure also available for increased affordability.
Joel Vinnicombe, head of product at Landbay, said: “A key component to the success of using an AVM is additional robust, good quality data and we certainly have this through our partnership with WhenFresh.
“The strength and depth of their property data enables us to make those informed decisions very quickly and with real confidence.
“Landbay has always been a progressive lender, utilising technology and leading data providers to improve our service and inform our approach to lending.
“We are grateful for the team at WhenFresh and thank them for their expertise and ongoing support.”
