New tiered approach to ICR for BTL and holiday let 125% for basic and nil-rate UK taxpayers 145% for higher-rate and additional-rate UK taxpayers We’re bringing in a new 125% on the stress rate, for basic and nil-rate UK taxpayers. This is because the tax payable is significantly less than the liability payable for higher or […]
Suffolk BS NEW – 125% ICR for basic or nil-rate UK taxpayers Read More »
Funding Circle share some frequent trends from Q1. CCJs CCJs do not always show on the borrower’s TransUnion credit report when we complete our pre offer credit checks. We also carry out verification at the KYC stage which can identify a CCJ. I would strongly advise you to ask the client if they or
Funding Circle Share Some Frequent Trends From Q1 Read More »
Taking a holistic approach for brokers is essential. At Pepper, we believe insights can help you to truly understand the trials and tribulations, of your customers. We hope our insights can support our broker partners in identifying the right financial solution for their customers. So, whether the insights may come from lender peers such as
Pepper Money Broker Search Insights Read More »
With an inexorable rise in conditions requiring later-life care and the public sector already under pressure, it’s time for the protection sector to step up and do more to support clients prepare for the future. Read the article
Vitality- We Can No Longer Ignore Later Life Care Needs Read More »
Please see below a snippet from one of our latest thought leaderships: Landlords ‘planning to purchase’ jumps from 3% to 11% For some time, there has been a widely-held opinion that a significant number of landlords are seeking to make their exit from the private rental sector (PRS), forced out by higher rates, greater costs
Foundation Home Loans: Landlords ‘planning to purchase’ jumps from 3% to 11% Read More »
Tandem are famous for 90% LTV. I have attached our product guide for everyone’s benefit, but we consider 90% LTV on all the following: Adverse – 1 CCJ & 1 Default can be registered per applicant in the last 24 months, unsatisfied, and we can still get to 90% LTV (0 in the last 3
90% LTV at Tandem Specialist Mortgages Read More »
Whether your client needs a Standard, Expat, Ltd Co. or Offset Buy to Let mortgage, see how we can help. No minimum income No stress test on background properties held (just need to be self-financing) Max LTVs for BtL products now 70% We accept applications up to the age of 89 Expat cases accepted from
Family BS Client Looking For Buy-to-Let Options? Read More »
Flexible Joint Borrower, Sole Proprietor solutions Great news! We’ve enhanced our JBSP criteria to allow spouses and non-related applicants to support the mortgage application and reside in the property without being party to the deeds. JBSP continues to be a popular solution for parents helping their children onto the property ladder, or for couples going
Metro Bank – Flexible Joint Borrower, Sole Proprietor Solutions Read More »
Gatehouse shares a summary of the positive changes they have made! Buy-to-Let product changes: All BTL products (UK residents, UK Expat and International residents) reduced by 0.65% Max finance increased to £5m (80% FTV to £2m, 75% to £3m and 70% above £3m). FTVs for HMOs and MUFBs will be 75% to £3m and 70%
Gatehouse Bank – Home Finance Reprice, Max Finance Increased & 95% FTV Reintroduced Read More »
Introducing the NEW “Buy-To-Let Masterclass” Series Following the success of the “Protection Matters” Webinar series in Q1, we are following this up with a new “BTL Masterclass” series in Q2, kicking off on Friday April 19th, at 10.00 am. Just like the protection series, this will be a series of presentations from lenders, not purely focusing on their
Training Update: Introducing the NEW “Buy-To-Let Masterclass” Series Read More »
