Source: Leeds Building Society
Leeds Building Society has expanded its online facility and case tracking functionality to include buy to let mortgages, giving customers 24-hour access to instant mortgage decisions, KFIs and real time updates on their applications.
Kim Rebecchi, General Manager Sales said, "Landlords already benefit from our simple buy-to-let underwriting criteria. All we require is proof of identity, a clean credit check and confirmation from a suitable letting agent that the rental income will cover 130% of the interest only mortgage payment.
"A landlord can call into their local Leeds Building Society branch to talk to a fully qualified mortgage advisor at any time and they don't need to make an appointment, or telephone our call centre and speak to real person between 8am and 8pm, 7 days a week. Developing our internet proposition makes us even easier to deal with.
"The online facility now enables landlords to apply for a mortgage, receive an instant decision and verified KFI. The application is processed immediately and the new functionality also allows case tracking, so customers can obtain an instant update on their mortgage at any time from the comfort of their own home."