LendInvest suggested the statements will allow landlords to source investment properties with the benefit of a shorter underwriting process when they move to the application stage.

If an appetite statement is requested, an interview will be carried out to get a better idea of the borrower’s business plan as well as their financial standing. Borrowers will need to provide a fully completed portfolio schedule and full business accounts.

When the investor’s next purchase or remortgage case arises, they can then select the best LendInvest product for their requirements, knowing they already have an agreed lender in LendInvest.

Adam Virgo, director for buy to let at LendInvest, explained: “Our aim has always been to give our borrowers the confidence to secure their next property with a solid financing offer on the table, we believe our new Appetite Statements will deliver on that aim in a whole new way.

“With buy-to-let landlords included in the recent stamp duty land tax  reduction changes, there has been no better time to provide an investor with a sign of our commitment to them.”