Mortgages for Business has launched a free iPhone app called Buy To Let to give residential property instant access to buy-to-let mortgage rate information.
The company says it is currently the only app that helps landlords find the latest buy-to-let products based on their specific financial circumstances and property requirements.
Designed and built by Mortgages for Business’ head of IT development Mark Ryan, Buy To Let is based on Mortgage Flow, Mortgages for Business’s in-house buy to let mortgage sourcing tool, which provides a list of all the latest buy to let products on the market.
Mortgages for Business managing director David Whittaker says: “There’s no other app like it. It not only puts us ahead of our competitors, it provides real-time product information to busy landlords who are increasingly using smartphones to manage their portfolios and property finance requirements.
“Last year our metrics showed that around 10 per cent of our landlord contacts were using iPhones and iPads to access our website and read our marketing emails. This year that figure has zoomed up to 33 per cent. So we’ve built this app to ensure they can access essential buy-to-let rates anytime.”
There are plans to develop an app for Android mobile phones and tablets in the near future.