Returning borrower fast tracks day 1 refinance with Limited Edition product

Returning borrower secures Day 1 refinance in just four days using Landbay’s Limited Edition product.

Product type: Standard
Location: Castleford
Product: Limited edition 5-year fixed

Challenge

An existing landlord client needed a fast offer on a Day 1 refinance following a recent purchase and refurbishment. The property was purchased via bridging finance, aiming to raise capital against the open market value within six months. With a tight timeline, speed and continuity were essential.

Solution

As the client was an existing borrower with Landbay, we automatically assigned the case to their original underwriter, where we could leverage the existing relationship and reuse already-known information to fast-track the case.

Outcome

With this removal of duplication of unnecessary processes, we could instruct the valuation on the same day of application, with the case completing just four days after the offer was issued.

The broker and landlord client were pleased with the swift turnaround and seamless experience. They were highly impressed with the efficiency unlocked by our existing borrower workflow and have since submitted more cases with us.

xcellent service, excellent product, excellent personnel, excellent BDM, a hassle-free application with Landbay. 10 out of 10.