Buy-to-Let Clients
days rapid turnaround
loan to value mortgage
saved for our client
The Client
Our client was looking to purchase a buy-to-let property but had been informed by the estate agent that the vendor would not take the property off the market until the valuation had been booked. In addition to this, another buyer was interested in the property and was involved in a valuation race. The circumstances around the purchase were creating a highly stressful situation as the opportunity was so attractive. The client was worried that they might not be able to buy the investment.
The Solution
Thanks to our extensive knowledge, Visionary Finance was able to submit the mortgage application to a bank that would act fast. The bank did not do any underwriting before they then booked the survey on the same day they had their offer on the property accepted. Thanks to our mortgage advisers’ extensive knowledge, we knew there were several buy-to-let banks available on the market who would instruct on day one. Our strong relationships with lenders made it so that we could get written confirmation before the application was submitted. The survey was instructed within 10 minutes of the application being submitted and booked for the same day. Getting everything right in the first place was essential to this case. Our quick thinking and prioritisation meant that the client was able to purchase the property with no issues.