LendInvest Mortgages has announced the removal of the need for signed application declarations across its suite of mortgage products, including its BTL options.
The enhancement is available to brokers using the LendInvest Mortgages Portal for BTL products, as well as bridging finance and residential mortgages.
Previously, deals couldn’t progress to the underwriting stage without a signed application declaration from the customer — however, by removing the signature requirement, the deal can move directly from application to underwriting.
The lender has implemented this change to cut the time spent by brokers, underwriters and case managers to chase signatures, and instead spend that time supporting customers in securing the right mortgage.
Sophie Mitchell-Charman, commercial director at LendInvest (pictured above), said: "This is another small, but impactful change we are offering brokers and their customers, that makes a big difference over the lifetime of an application, made possible by the technology in our mortgages portal.
"The portal exists to free up our experts to spend more time working directly with brokers to address the needs of their complex customers, and that’s just what we’re doing with this latest improvement.”
