LendInvest launches new product transfer process

LendInvest Mortgages has launched a streamlined product transfer process for its buy-to-let customers approaching the end of their fixed term.

After launching buy-to-let in its Mortgages Portal last month, the majority of the customers’ information is now automated, with checks happening behind the scenes as LendInvest pulls details from their case history.

The new product transfer process offers a reduced application form, dedicated underwriter support and no legals on pound-for-pound transfers.

Sophie Mitchell-Charman, commercial director at LendInvest, 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, we’ll help make the complex and stressful parts of the remortgage process simple.”