The changes relate to cases related to affordability beyond retirement age and interest-only. The changes will take effect from 21 May, or Monday next week.
Intermediaries will no longer need to fill out the following additional data capture forms on AFI’s website when processing a case:
– Affordability of the mortgage where the term extends beyond the state retirement’ form
– Intermediary interest-only form
AFI will instead capture any required information for term into retirement cases and interest-only cases through its application process on Introducer Internet.
Miguel Sard (pictured), managing director of AFI, said: “We want to make it as easy as possible for intermediaries to use our application process.
“By capturing this data through our Introducer Internet, we are able to reduce the amount of paperwork that we ask intermediaries to fill in and keep, enhancing the service that we offer to our intermediary partners.”
