5D simplifies commercial mortgage forms

5D began the programme to make it easier to do business after receiving feedback from packagers. The simplification process looked at three main documents; application forms, legal documents, and valuation forms, and attempted to make them simpler and shorter. William Hodson, CFO of 5D, comments: “This is the latest in a long series of changes 5D Finance has been making since the spring. We have spent the last four months improving our systems, our documentation and the way we interact with packagers.” As part of the process, applications forms have been slimmed down from 24 pages to...