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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Latest Comments

Oliver Conway
Oliver Conway 18 May 2017

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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Bertrand
Bertrand 17 May 2017

First step to nationalisation of the private rented sector IMHO. Nanny state poking their noses into things yet again. I object, as a decent landlord, sometimes having to deal with some pretty awful tenants,...

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Izzy
Izzy 16 May 2017

This is such a great a post. I love the detail you've gone into. It's a very useful article for helping those who are looking at deciding which sector they would like to go into! When I first started investing...

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paul burnham
paul burnham 30 Apr 2017

Jeremy Corbyn's pledge that a Labour government would build 500,000 new council houses must electrify the general election campaign. Reliance on markets and the profit motive has brought huge housing-related...

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CommercialTrust
CommercialTrust 28 Apr 2017

Sadiq Khan?s announcement of an online database of landlords and letting agents who have been convicted of housing offences, appears on face value to be a variation of the already implemented Database

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warren
warren 26 Apr 2017

You're very welcome Mary! Glad you enjoyed them :)

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Mary Ward
Mary Ward 26 Apr 2017

Thank you for the wonderful ideas. First impressions can make or break a deal. It's sadly that many homeowners drop the kerb to create an off-street parking space.

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Tony Gimple
Tony Gimple 14 Apr 2017

I'm not at all surprised that so many landlords are still confused about what the tax changes really mean and how it will affect them. In particular, the blind rush to incorporation is leaving landlords...

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MH
MH 13 Apr 2017

You are right that the bank holidays are going to be spoiled in looking for the properties. But people who want to sell their property and looking for the better relocation, they can get benefits of this...

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bnellyb
bnellyb 08 Apr 2017

There will be an exodus of private landlords over the next 5 years as tax changes take effect, private landlords provide an important service to the rental market, why do housing associations and councils...

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Fred Cassman
Fred Cassman 07 Apr 2017

"Make it look like you are at home": often people forget this and share on facebook their location!

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jared townsend
jared townsend 05 Apr 2017

It'll be interesting to see how & if the Government's asset sale regarding mortgages helps

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