The lender launched with speed and technology at the centre of its proposition.
New Street Mortgages has completed its first sub-five day mortgage application.
The lender launched with speed and technology at the centre of its proposition.
The five day offer was made with First Complete member BLR Financial Solutions for a borrower looking to remortgage their buy-to-let property to beat April’s buy-to-let tax changes. A second five day offer was made with Alexander Hall, through the firm’s new distribution partner, Legal & General Mortgage Club.
Amany Attia, chief executive of Northview Group (New Street’s parent), said: “From the very start, we were confident we could deliver on our promise to complete a mortgage offer within five days.
“Getting an offer on a mortgage has become such a slow and uncertain process for many people, but at New Street we are working to transform the way we lend by making the mortgage application faster, clearer and more transparent and consistent for brokers and borrowers alike.
“This milestone is the result of some fantastic work by the team at New Street, and we look forward to seeing many more happy faces in the future as we continue to deliver our fast and transparent service to brokers and their clients.”
