LendInvest Mortgages has launched a new, streamlined product transfer process for its BTL customers approaching the end of their fixed term.
The new process features a reduced application form, dedicated underwriter support and no legals on pound-for-pound product transfers.
Thanks to the lender’s mortgages portal, the majority of the customers’ information is automated, with checks happening behind the scenes as the firm pull details from their case history.
Sophie Mitchell-Charman, commercial director at LendInvest (pictured above), 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, which will help make the complex and stressful parts of the remortgage process simple.”