CrowdProperty launches instant DIPs

Platform-based property development finance provider, CrowdProperty, has further bolstered its industry offering with the launch of instant decisions in principle (iDIP).

Historically, property developers have had to wait to receive a decision in principle.

But with CrowdProperty’s new iDIP feature, they can get an immediate response.

Damon Walford, CCO at CrowdProperty (pictured above), said: “The arrival of our iDIP proposition is a game-changer, providing property developers with the all-important responses they need, when they need them.

“Property transactions can be time-sensitive, so every minute that can be saved matters, particularly when you are competing for a site or negotiating with a vendor. 

“During a recent pilot exercise, numerous property developers submitted multiple applications due to the exceptionally speedy response.

“We’re focused on accelerating funding provision, enhancing transparency and fostering long-lasting relationships with our clients.

“Our new iDIP leverages our extensive wealth of data insight and technological expertise, and the benefits for developers are a big stride forward within the overall property development finance market.”

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