Managing multiple BTL applications for portfolio landlords can be time-consuming, with brokers often needing to re-upload the same documents and reassess portfolios for every case. Greenacre Financial Services faced this challenge working with a Portfolio Landlord to submit two mortgage applications in close succession.

Our Multi Loan Proposition allowed the applications to move swiftly to meet tight investment timelines. As all the required documentation had already been uploaded in the first application, duplicate submissions were avoided and a Pro Forma ensured the second application included key details efficiently.

The Automated Valuation Model (AVM) was used to speed up the process, removing the need for physical valuations. In addition, no further assessment was necessary as we had recently assessed the landlord’s portfolio as part of his first application and this was valid for 12 months, allowing the application to progress even faster.

As a result, we were able to issue an offer on the second application only nine working days after it was submitted - demonstrating the efficiency of the Multi Loan Proposition, and how it simplifies lending for brokers managing multiple cases.

Sara Palmer, Sales & Distribution Director at Shawbrook Retail Mortgages comments: “We understand the pressures brokers face when handling multiple applications for portfolio landlords. This is why our products and services cater to brokers just as much as our customers. TML’s Multi Loan Proposition is designed to make the process smoother and faster, reducing admin and helping brokers to efficiently meet their client’s investment deadlines and property ambitions.”

Fast-Tracking Portfolio Growth with our Multi Loan Proposition