Specialist lender Spring Finance has announced enhancements to its application process to reduce the level of paperwork required and simplify requirements.

The improvements include the removal of paper-based application forms where such information is provided through their portal or supplied by the intermediary/consumer, as well as simplifying standard requirements.

Shelley Stern, director of mortgages at Spring Finance, said: “This is an exciting period of growth at Spring and we believe these changes will significantly improve our service delivery to both our intermediary partners and consumers.

“This is the first of many enhancements and our reflects our ongoing commitment to simplify the application process.”

Graeme Wade, head of sales at Spring Finance, added: “Service has always played a key role in this industry, but unfortunately so has the endless amount of paperwork required to assess an application, regardless of loan size.

“This move will help increase conversion rates within our intermediaries offices and speed up the time it takes for a second mortgage to complete.”