Dragonfly adds new calculators to website
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In an effort to help brokers crunch the numbers when working through deals with their clients, short and medium-term lender, Dragonfly Property Finance has added three calculators to its website.
These include the retained interest calculator, which enables brokers to gross up a loan where interest is to be retained, the net loan calculator, which lets brokers to work out the net loan advance after all deductions and the maximum loan advance, which helps brokers calculate the maximum advance based on rental income on buy-to-let and HMO loans.
Mark Posniak, head of marketing and operations at Dragonfly Property Finance, says: “We launched these calculators to offer a simple way for brokers to crunch the numbers and work out every last detail of a deal. Anything we can do that makes life easier for the broker, and enables the client to be informed about the total cost of a loan even quicker, we’ll do it. Transparency and total awareness of cost are key.”
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