Landbay launches new broker quick quote mortgage tool

Landbay launches new broker quick quote mortgage tool
This tool will provide brokers with a secure and intuitive way to source a quick and accurate mortgage quote on behalf of their buy-to-let clients

Buy-to-let specialist, Landbay has announced that it has launched a quick quote tool for mortgage brokers on its dedicated intermediary website.

Brokers will now be able to get a quick and easy quote from the online decision in principle (DIP) system. Customer information will be checked against Landbay’s lending criteria before presenting the broker with a list of suitable products. The product then allows the broker to download a quick quote, an indication of the cost of the product via an ESIS.

Users will have the option to convert the information they have shared into a full mortgage application. This will then produce a DIP within 48 hours, a conditional offer subject to valuation.


Paul Clampin, Chief Lending Officer of Landbay said: “This tool will provide brokers with a secure and intuitive way to source a quick and accurate mortgage quote on behalf of their buy-to-let clients. This is indicative of our commitment to the intermediary sector, speeding up the process and removing the need for endless paperwork.

We know that speed, accessibility and flexibility are crucial for brokers and our position as a proptech lender means we have the technology in place to achieve this in our lending process.”

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IrisJ.
IrisJ. 19 Jul 2017

Great advice, but may I also add that when buying an already built home, make sure you do all of the proper inspections. Most importantly pest inspection because people tend to get surprised when they

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IrisJ.
IrisJ. 17 Jul 2017

The third point is, in my opinion, the most important one. People have become too inconsiderate and careless when it comes to rented properties. If a landlord wants to protect their property, regular visits...

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cornishalan
cornishalan 10 Jul 2017

Added to the cost of purchasing these village properties are the above average maintenance costs. Particularly where the property is a listed building or requires specialist building skills such as thatching...

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Jo Mullett
Jo Mullett 07 Jul 2017

Here in Swansea, known as the Japanese knotweed capital of the UK, it never fails to amazes me that people have no idea of the potential problems this invasive non-native plant can cause when buying or...

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NathanG
NathanG 05 Jul 2017

McDonalds, for example, have been purchasing their real estate on prime locations for years. If something happens to the company they'll have invaluable assets that will be able to save them. We might

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Jonah
Jonah 04 Jul 2017

Graham: surprised to see you cite the "extra tax liability" as capping out at ?560. It doesn't - the extra tax is exponential, as it is levied on the income (i.e the inflating level of rental income you...

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Dianne Griffen
Dianne Griffen 29 Jun 2017

Be very wary of anyone bringing you deals that they have ?found? and want to ?sell on to you? or ?joint venture? with you on ? you need a proper legal contract for this, involve a RICs surveyor to confirm...

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jason hadzikostas
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SecomTech
SecomTech 22 Jun 2017

AT Last...This was discussed years ago and there was a move towards landlords registering their bad tenants on a database..(can't remember where) It seems a logical step though our leaders will probably...

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Bertrand
Bertrand 02 Jun 2017

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AmberMorris
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"Please don't pick a novelty tune-playing doorbell. They're not 'fun'. They're stupid." Laughed a lot to this. It's actually true, though.

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Oliver Conway
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Making a neat inventory is a good idea, but if the seller is not willing to provide it, can the buyer demand it?

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