What is a Buyer Ready?
The Buyer Ready feature in Street allows your clients to complete the following task from within the Buyer App:
Compliance Check Details (AML)
Proof of Funds
Solicitor Details
Once submitted, their details will then be displayed in the CRM so that you can then run AML checks, confirm that they have the funds available, and add their solicitor details.
Note - The Buyer Ready feature must be enabled in your branch settings before buyers can see it in their app. For more information on setting this up, see our Client Onboarding (Buyer Ready) help article.
How do buyers submit their Buyer Ready information?
The Buyer Ready tasks will only show in the buyers 'Overview' tab either after an offer is submitted or when manually requested by you within Street, depending on your settings.
Compliance Checks (AML)
The compliance checks task allows buyers to submit their identification documents including their date of birth which can be submitted to Landmark to review. For more information, see our Buyer AML Compliance Checks (App) help article.
Proof of Funds
The proof of funds allows buyers to add details about how they would be purchasing such as (with or without a mortgage), whether they are a cash buyer and if they have an agreement in principle.
Depending on their financial position, they can also add a details about their deposit (including the amount, upload a bank statement and any gifted deposit), their mortgage (the amount, lender, mortgage broker, upload the agreement in principle) and optionally add the details of the property they are selling.
The information entered will automatically display in Street for you to review. And once all of the information has been added in the proof of funds task, they can click 'mark task as complete' which will mark the task off in their app.
Add Solicitor Details
The add solicitor details task allows buyers to add the firm their solicitor works for as well as optionally adding their solicitor's name, phone and email address. Once submitted, this information will show in Street for you to review and their task will update to completed.
The buyer has now submitted all of their Buyer Ready information and you can review everything in Street! For more information on this, see our Buyer Ready help article.