BM Solutions has launched a new digital buy-to-let service tailored specifically for limited companies.
The new service is designed to streamline the property investment process, making the process quicker and simpler for both brokers and applicants and offering a range of self-serve tools to manage the mortgage throughout its life.
The service offers upfront checks, with an updated rental income calculator, eligibility, ID verification, credit, property, Companies House and Direct Debit viability checks performed up front to make applications quicker.
Instant decisions in principle mean same day application-to-offer for fully documented automated valuation cases and 48-hour SLA for portfolio applications that need a manual review.
The platform also provides real-time updates and access to a dedicated team of accredited buy-to-let specialists who are available to provide guidance and support throughout the investment journey.
Additional resources include calculators, ‘how to’ guides, and eligibility guidance to help brokers and their clients make informed decisions.
Property holding criteria for the limited company service will align to existing credit risk policies, lending on portfolios up to 10 properties and does not include HMOs, multi-unit blocks Buildings (MUBs) or commercial properties.
To go along with the launch of the new fully-digital solution, BM Solutions has launched a new range of buy-to-let mortgage products to support limited companies.
Leigh Church, head of BM Solutions, said: "We are excited to introduce this innovative digital buy-to-let 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 limited company buy-to-let mortgage lending. This launch represents a significant addition to our commitment to delivering exceptional service and support to our clients."
