Sharon Van Loenen

Get to know how West One can help your clients to finance a HMO:

Is your landlord client looking to remortgage? This year is predicted to be a busy year for remortgages in the Buy-to-Let market.

Octane Capital’s #3rdGen Buy to Let products are a perfect match for landlords with high levels of exposure or individuals looking to incorporate their portfolios. 

Residential & BTL

Following a recent review Gatehouse Bank have made the following changes regarding information they require to be provided in support of Home Finance applications for both Buy-to-Let (BTL) and Home Purchase Plan (HPP) products.

33 products will be withdrawn and relaunched with the only change being applied to the product shortcode due to a system update on 8th Feb 2022
See attached spreadsheet. Tab one: new products, Tab two: products to be withdrawn

This significant pricing reduction will see rates now start from as low as 0.47% for regulated and non-regulated bridging for both light refurbishment and their standard bridging ranges.  

Following the Bank of England base rate increase of 0.25% to 0.50% on 3 February, TSB has made the following changes to their products from 7 February.

With  effect from close of business Monday 7th February, we will be withdrawing the Residential Select 5 year fixed term 70& LTV products.