Habito to offer buy-to-let deals through Legal & General Mortgage Club

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The online mortgage provider’s range includes 10-year-fixed rates as well as deals for self-employed applicants, later life landlords and first-time buyers.

Cases typically receive an underwriter review in 24 hours and move to offer in an average of just 13 days. Until 28 February, Habito buy-to-let mortgage products come with a customer cash-back payout of £500 or £750 cash-back on any fee-assist remortgage deals.

Habito said it designed its buy-to-let offering with a focus on providing speed and certainty. Its intermediary broker portal features Habito’s ‘Instant Decision’ which allows a broker to check a client’s information against its full credit and affordability policy and run an Automated Valuation, soft credit check, and KYC simultaneously.

The portal also provides advisers with feedback so that when a customer doesn’t fit into Habito’s policy, this is flagged early and a suitable alternative can be found.

For portfolio landlords who have to manage heavy loads of administrative work, Habito has designed a fully downloadable ‘Portfolio Checker’ which helps to cut through the time spent on paperwork.

The addition of Habito to Legal & General Mortgage Club brings the total number of lenders on the platform to nearly 100, providing advisers with even more choice for borrowers.

Ben Gallagher, commercial director at Habito said: “We’re committed to helping brokers and customers get the best mortgage for their needs, in the fastest and simplest way possible.

“We’re very excited to open up our range of buy-to-let products to the Legal & General Mortgage Club and look forward to working together to bring even more choice to brokers and their customers.”