BM Solutions has launched a digital buy-to-let (BTL) mortgage service for limited companies.
The platform is designed to make the mortgage process easier and quicker for brokers and their clients, with checks like rental income, eligibility, ID, credit, property, Companies House and Direct Debit all carried out at the start of an application.
The service provides an instant decision in principle and automated decision-making.
Fully documented cases with automated valuations can go from application to offer on the same day.
Portfolio applications that need manual review are handled within 48 hours.
Brokers and clients can use an online platform to manage applications and get real-time updates.
The service follows the current credit risk policies and will lend on portfolios up to 10 properties.
It does not cover houses in multiple occupation (HMO), multi-unit block buildings or commercial properties.
Leigh Church, head of BM Solutions, said: “We are excited to introduce this innovative digital BTL service for Limited Companies.
“Our goal is to provide a seamless and efficient experience for brokers and their clients, empowering them to make the most of their property investments.”
“We want to be the broker and customer’s first choice for Ltd Co. buy-to-let mortgage lending.”
Church added: “This launch represents a significant addition to our commitment to delivering exceptional service and support to our clients.”
