The new website will contain user guides to help brokers understand issues, like limited companies and lending on HMOs.
TBMC is revamping both its website and application form this year.
The new website will contain user guides to help brokers understand issues, like limited company buy-to-let and lending on HMOs.
The application system – which is aimed to be released by March – will enable brokers to enter a client’s details on the packager’s website. That data will then be repopulated automatically rather than manually.
Jane Simpson, managing director of TBMC, said: “Following the October PRA changes a lot of underwriters are asking for things like business plans and cashflow forecasts and you get the sense that a number of brokers don’t fully understand what they want.
“While we are spending time with brokers to make this clear we want our new website to be a source of information – rather than having to go back and forth with underwriters.”
She added: “The application form is a massive timesaver for us and brokers as well.
“We’ve designed it to be streamlined and very clean – far too many lenders have complicated systems to fill out.”
Currently brokers using the buy-to-let and commercial-focused master broker use a paper based form or fill in an online form which is emailed to TBMC.
Simpson admitted the current website is rather stagnant, hence she envisions having a more interactive website while retaining the same branding.
