Fleet Mortgages has dropped its restricted limited company solicitor panel, opening up access to around 1,200 approved law firms for limited company buy-to-let (BTL) mortgage applications.
This compares to the 17 or so firms previously available under the restricted limited company panel.
Fleet Mortgages said this move came after broker feedback, aiming to give advisers and landlord clients more choice and flexibility during the mortgage process.
Steve Cox (pictured), chief commercial officer at Fleet Mortgages, said: “We want to make sure advisers feel supported and they and their clients have the flexibility they need when choosing a solicitor.
“This change is a direct response to the feedback we have received on what works best for limited company buy-to-let in today’s marketplace and means that, from today, advisers will be able to choose from around 1,200 approved firms on Lender Exchange rather than our previous restricted panel.
“We believe this demonstrates our commitment to listening and acting on feedback, while delivering more choice and convenience for both advisers and their landlord clients.”
