The improvements are across a range of criteria and are designed to improve the speed of service as well as increasing the flexibility already provided by the Society. Key enhancements to the proposition are:
* No Income verification required on cases up to 70% LTV*
* Increased flexibility on guarantor cases
* Buy to Let cases now treated as self funding if rental
income covers 130% of the interest only monthly payment
* Capital raising for ANY purpose on RTB cases at the product
rate
* Realistic and consistent decisions
Jeff Kirk, corporate relationship manager says " We are constantly looking at ways to improve our service to the market and we feel that our new proposition and increased flexibility will make it easier for intermediaries to deal with us. This, together with our wide range of competitive products and the ability to submit applications electronically, either via our website or Trigold, means that we will be able to satisfy all our clients
needs quickly and efficiently."
