Mehrdad Yousefi, Head of Intermediary Mortgages at Alliance & Leicester comments: “Our new affordability calculator means that within just a few minutes brokers can get an idea of how much we could potentially lend their client. The calculator is designed to be quick and easy to use, and needs just a few simple facts to calculate a figure. It does not require specific personal details and there is no need to produce a KFI first.
“Our website has speeded up the whole mortgage application process for intermediaries, providing quicker decisions, faster processing, easy tracking of cases and less paperwork. It is one of the best systems in the market place, and with this latest development it just keeps getting better.“
