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Portfolio landlords: Why our streamlined form makes it quicker to submit cases


Phil, Processing

Published 11.04.2019

It’s difficult to believe that it’s been more than 18 months since the introduction of stricter underwriting assessments for portfolio landlords. I think it’s fair to say the move sent shockwaves through the market and it took a while for things to settle down and for everyone – borrowers, brokers and lenders alike – to adjust to the new landscape.

As one of the lenders who were prepared to put their heads above the parapet and continue to support portfolio landlords, we’ve certainly learnt a lot in the last year-and-a-half. We’re constantly reviewing our products and processes to ensure brokers and their customers can still access the mortgages they want with as little fuss as possible.

The latest improvement we’ve made is cutting down on the number of forms you need to complete, giving you one less piece of paperwork to worry about. We’ve achieved this by combining two of the existing forms – the Business Plan and Assets and Liability Statement. Click here to take a look at the new form.

We’ve been able to do this by improving the process behind the scenes. You’ll still be giving us the information we need, but in a quicker, more streamlined way. Please remember you’ll still need to complete the Existing Property Portfolio Details form.

It’s all part of our ongoing commitment to making portfolio applications easier. As well as our simplified forms:

  • our dedicated Portfolio team will do the heavy lifting by keying in the existing property details for you
  • our portfolio assessments are valid for 12 months
  • our online portfolio calculator provides an indicative assessment of how much your customer could borrow in seconds
  • you can use our simple forms, the landlord’s forms or even another lender’s forms

Click here to find out more about how we can help your portfolio customers or speak with a member of our dedicated Portfolio team by calling 0800 116 4385.


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