Landbay launches intuitive buy-to-let calculator

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The buy-to-let lender said its new calculator was intuitive and easy to use and factored in the specific product, taking into account the type of property and whether the client was an individual or limited company.

Then, within seconds, it provides the interest cover ratio (ICR) before offering the intermediary the option to submit for a decision in principle.

Paul Brett, managing director of intermediaries at Landbay, said: “Our intermediary partners and their satisfaction are vital to the continued success of our business.

“If they are not happy, we are not happy, and that is demonstrated by our excellent Trust Pilot rating.

“More and more intermediaries are using Landbay for the first time and so adding in a highly intuitive, product specific buy-to-let calculator, helps improve their experience.

”Key to our constant development is our constant communication with intermediaries. By talking to them and understanding their requirements, we can provide the best service possible.

“We strive to provide better ways to buy-to-let, so we are constantly developing complex tech solutions to make intermediaries experience as simple as possible.”

Landbay has funding for its buy-to-let mortgages from multiple different bank and institutional funding sources.

It said it was constantly evolving its customer journey to make it as smooth and seamless as possible.

It said it prided itself on developing cutting edge technology and said its team had worked collaboratively with intermediaries to enhance processes wherever possible. These developments were designed to give intermediaries all the tools they need to ensure swift and efficient interactions.