Typically the remortgage process is unnecessarily lengthy, so we’ve looked to streamline our approval process for customers as much as possible. Powered by our automated decision engine, Rapid Remortgage helps investors get an offer on their buy-to-let mortgage in just one working day.
We've done this by carrying out an automated valuation model (AVM) on all properties in order to confirm the property value as indicated on your application. If the results of the AVM are returned to us with sufficient levels of confidence (and we have received all required information) we can proceed to use that and look to get you a mortgage offer within one working day.
Please note, not all properties are suitable for an AVM. HMOs, holiday lets and purpose-built flats all would still require a physical valuation and so wouldn't be eligible for Rapid Remortgage. Also, there may be documents or additional information that are required in order to produce an offer.