The platform automates and speeds up underwriting, reduces costs and mitigates risks for lenders.
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The product bridges the gap between full interest serving mortgages and full roll-up lifetime mortgages.
The loan to income ratio has also increased up to 5x income for loans over £1,000,000.
Jamie Pritchard has also been promoted to managing director of sales.
The new zero-fee options join Landbay’s existing variable fee structure.
The Society will accept five new currencies as part of the changes.
100% debt consolidation is now available on mortgages of up to £1m.
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