Specialist lender Oblix Capital has launched a new development finance ‘quick quote’ calculator.

It is designed to help property developers and their brokers understand their loan quicker and easier.

The new functionality, featured on the Oblix Capital website, is designed to give users a top-level understanding of their loan’s costs, LTGDV and advance in moments.

The quote can then either be printed, saved, or sent as an enquiry directly to the lender.

Richard Payne (pictured), director of development at Oblix Capital, said: “Property developers and mortgage intermediaries are busy people. I’m delighted that our new quick quote calculator will help them save time and effort in their search for funding.

“I believe the launch not only shows how customer-focused Oblix Capital is, but how up front and honest we are with potential borrowers.”