We have re-entered the 80% LTV Buy to Let market and reduced rates across our Residential and Buy to Let Ranges by up to 50bps, effective from today. Sourcing systems and Product Guides have been updated to reflect these changes. What else is new? Residential (new business and existing customers) Core Range: New 5 year […]
Metro Bank expands into 80% LTV Buy to Let market Read More »
Paymentshield have made an update to their Mortgage Payment Protection Insurance which means policies can now be sold alongside product transfer mortgages as well as new mortgages and remortgages. Mortgage payment protection (MPPI) from Paymentshield offers protection from loss or income due to accident and sickness or unemployment (including carer cover) and employment legal protection,
Mortgage Protection can now be sold alongside product transfer mortgages Read More »
Buy to Let max LTV has increased from 70% to 75% for remortgage. Regulated First charge max LTV has increased from 70% to 75% for first charge remortgage. View the product guide here. Other updates Buy to Let rates reduced: now from 8.54% with a 2.5% product fee. Multi-Unit Freehold Block (MUFB) limit increased: up to
Together’s latest product and criteria updates Read More »
We’ve increased our loan size on repayment to £3m (75% LTV) and £1m (90% LTV), helping customers with complex incomes borrow more and secure their future homes. Here’s how maximum loans and LTV on repayment look now: £1m at 90% LTV £2m at 85% LTV £2.5m at 80% LTV £3m at 75% LTV Together with
Larger loans – Criteria enhancement Read More »
Our Joint Borrower Sole Proprietor (JBSP) is designed to give family members the opportunity to help each other achieve their housing goals, and in some cases earlier than otherwise expected. JBSP mortgages can be used by first time buyers or second steppers needing help with affordability. We can also support clients in retirement or help parents
You can consider up to four incomes to boost affordability Read More »
We’ve reduced selected rates within our buy to let range and introduced three new products, helping you support your clients seeking greater flexibility in an uncertain market. Today’s change F1 5 Year Fixed ERC3 reduced by 0.10% to 5.54% with a 1% fee up to 75% LTV F1 2 Year Discount initial rate reduced by 0.05%
Rate reductions and product additions for our buy to let range Read More »
Our flexible criteria and willingness to consider cases other lenders deem too complex gives us an edge. Complex trading structures got you scratching your head? We accept any SPV SIC code, so we can consider anything from a traditional limited company right up to landlords purchasing using a trading company. Non-standard property left you wondering where
Complex buy-to-let case. Give use a try Read More »
We are delighted to announce some positive changes to our second charge product range. KEY HIGHLIGHTS Buy-to-Let Second Charge Product Refresh We have overhauled our Buy-to-Let product range which includes the following changes: Improved Affordability for BTL borrowers which should result in significantly more landlords meeting our minimum DSCR requirements Increased LTV’s up to 75%
Enhancements to our Second Charge Residential and BTL Product Range Read More »
Our New & Improved Later Life Range We’ve expanded our range of Later Life mortgages, designed to support borrowers aged 55+, with new In and Into retirement products and improved RIO criteria. With no max age, up to 70% LTV, and a wide variety of income sources accepted. Article | Product page Introducing Complex Prime
Our New & Improved Later Life Range Read More »
Helping clients borrow more, responsibly For some clients, the numbers on paper don’t tell the full story. They’re earning well, managing money sensibly, and could clearly afford a little more, but traditional affordability caps hold them back. That’s where AffordAbility+ comes in. It’s our modern, responsible approach to higher-income lending, allowing borrowing of up to
April Mortgages AffordAbility+ Read More »
