To help simplify both our residential and buy to let applications, we have made the following positive changes to our policy and packaging requirements: Policy enhancements Self-employed: Introduction of Accountants Certificate for cases under £1 million Minimum time trading reduced to 2 years (2 years figures needed) Employed: No minimum time required in current role (1 payslip […]
Enhancements to Metro Bank policy and requirements Read More »
As of Tuesday 12th December 2023 we have refreshed selected products in our BTL range. Changes in the BTL range include: F1 Limited Edition 2 Year Fixed product reduced by up to 0.10% with a £1,495 fee, with a rate of 6.49% F1 Limited Edition 7 Year Fixed product reduced by up to 0.15% with a
FOUNDATION HL – New BTL Core Rates Available Read More »
NEW PRODUCTS AND PRODUCT CHANGES 11th DECEMBER Owner Occupier: Capital & Interest Repayment Fixed Rates: 50bps reductions to all 2-year fixed rates 40bps reductions to Core and JBSP 5-year fixed rates. 45bps reduction to the Family Mortgage Discount Rates: With the exception of the Offset Mortgage products, all discounted variable rates withdrawn from sale without
Family BS Owner Occupier Semi-exclusives Read More »
Monday 11th December 2023, LONDON — Fintech mortgage lender Gen H has announced the launch of an innovative AI-powered packaging tool, built on Google Cloud, that automatically analyses and categorises documents required for mortgage applications. Gen H is one of the first mortgage lenders in the UK to be collaborating directly with Google Cloud to
Our mortgages have made some big moves today. First up, we’ve increased the max term for all our residential mortgages to 40 years. That’s not all, though. We’ve also improved the amount we could lend, by updating our affordability assessment for residential mortgages fixed for 5 years or longer. It means more of your customers are going to
Virgin Money 40-year Mortgage Terms Are Here! Read More »
Bridging Uses: Development exits Auction purchase Land with planning Standard bridge Refurbishments – light, medium & heavy BMV – lowest out of: 90% of PP or 75% market value (gross) Capital raising Re-bridging (case by case) Accepted Property Types: Residential BTLs Holiday lets (with no restrictions) MUFB & HMOs Semi-commercial Fully commercial (offices & retail) Land (with planning) Pricing & Products:
Un-Reg Bridging @ Hampshire Trust Bank Read More »
As of Thursday 7th December, Foundation Home Loans have launched new Special Buy to Let products. Buy to Let Special products: New F1 5 Year Fixed Portfolio only Landlord products with a 6% fee, up to 65% LTV, at 5.24% New F1 5 Year Fixed Portfolio only Landlord products with a 6% fee, up to 75% LTV,
Foundation Home Loans – New Buy To Let Special Products Read More »
Six mortgage bundles designed to make it even easier for you to find the right solutions for your clients. Making your lives easier is at the heart of everything Kensington does. Our new Portfolio groups our mortgages into six mortgage bundles designed to make it even easier for you to find the right solutions for
Kensington – Introducing The Portfolio Read More »
On 7 December, TSB is introducing new products designed to help more First Time Buyers purchase their first home. Created exclusively for First Time Buyers, the range has the same rates as TSB’s Home Mover products but will transfer onto a follow-on rate tracking at 2.49% above the Bank of England base rate, which is
Important news from TSB –Introducing First Time Buyer Read More »
Residential & BTL Oliver Smith, National Account Manager, will join Kevin at next week’s Kick- Off Meeting at 9.30am, Monday 11th December 9.30am to 10.15am. During the session, Oliver will cover opportunities into 2024 together with their latest criteria changes whilst covering the reasons why Vida can be right for your client: Impaired Credit Specialist Properties Experienced Landlords Complex & Multiple Incomes
Kick-Off the Week with Vida Homeloans on Monday 11th December 2023, 9.30am -10.15am Read More »
