Sharon Van Loenen

The Mortgage Lender have some BTL product changes coming your way!

As Barclays’ variable rate mortgage products track Bank of England Base Rate (BEBR), from today, the rate for new mortgage customers will be 0.50% and for existing Barclays tracker mortgage customers the new rate will come into effect from Tuesday 1st March 2022.

Hampshire Trust Bank would like to make superheroes out of their brokers. If you’re looking to get the job done at speed, you can fast-track your bridging requirements with HTB. That’s because, for loans up to £1m, they’ll give you access to a dedicated underwriter, a decision within 4 hours and enable you to instruct the valuation and solicitor whilst we get on with the underwriting. 

Suffolk Building Society have reduced rates across a wide range of their core lending areas and made to change to their SVR

From today, TSB is  making selected changes to their Buy to Let product range.

Funding for Foreign Nationals needn’t be a problem. With no credit footprint required and most non-sanctioned countries accepted, it’s problem solved – even for first-time landlords. 

This is an excellent example of UTB’s pragmatic underwriting and swift service providing United Trust Bank’s customers with a quick and successful outcome. 

For Select, the Hero Mortgage and Young Professionals ranges, rates now start from 4.79% for 2 years fixed term with a fee of £1,299.

A self-built project allows your customers to create their own bespoke dwelling. To achieve the best outcome it’s important for self-builders to partner with experienced professionals in what is often a complex opportunity, from working with builders to legal experts, to name a few.