Case Studies, Featured

Landbay’s AVM model cuts costs for BTL portfolio expansion 

22 January 2024

Nick Joelson

Back

AVM means client saved nearly £4,000 in valuation fees, which can be used for their future investments. 

Property type: Standard
Location: London
Product: Standard AVM 5-Year Fixed 70% LTV

Challenge

A landlord with an established portfolio sought to raise capital quickly for onward purchases, requiring a fast and efficient remortgage process for a portfolio of eight cases. As they were looking for further expansion, they needed to keep fees as low as possible. 

Solution

AVM helped our underwriting team process the applications promptly, requesting only standard documentation, which streamlined the entire process. The model also allowed for a significant saving on valuation fees. 

Outcome

The applications were offered within an impressive 14-day timescale from submission. Selecting AVM products resulted in an expedited process, saving the client £3,805 in valuation fees and successfully securing the capital for further investment. 

Visit our AVM product range here.