YBS Commercial Mortgages has launched a 24-hour decision-in-principle (DIP) following preliminary enquiry, for circumstances the place all related data is equipped up entrance.
This follows latest strikes made by the industrial lender to offer supply letters inside 30 days of preliminary software, to safe the phrases, circumstances and rate of interest for the mortgage, topic to valuation.
For significantly advanced circumstances which require further preparatory work, a brand new timescale shall be agreed with brokers on a person foundation at decision-in-principle stage.
These adjustments are designed to offer certainty and readability for brokers and prospects.
YBS Commercial Mortgages managing director Angela Norman says: “These enhancements make sure that brokers and prospects obtain the dedication, readability and confidence they actually need as they progress by their software journey with us.”
“We’ve delivered quite a few customer-focussed adjustments this 12 months, and are completely dedicated to prioritising process-driven enhancements like this, guaranteeing the very best outcomes for each brokers and prospects, in addition to delivering enhancements we all know our brokers want from us.”
