Refurbishment and conversion finance Up to 70% LTV NET towards the purchase price. 100% of build costs funded. Monthly rates from 0.38% + BBR (0.71% per month as of today). Light and heavy refurbishments. HMO_Conversion_Case_Study If you have a case you’d like to discuss please contact your BDM or call the team on 0345 222 […]
Octane loves HMO conversions Read More »
Following your feedback, we have been working with our credit risk team on ways we can enhance our criteria to improve the application journey for your customers. Enhancements to our Independent Legal Advice criteria With immediate effect, the maximum gross loan size prior to ILA being mandatory has increased from £200k to £500k for all term mortgages in Together
Together: Enhancements to ILA criteria and changes to THMR Read More »
Our new video series is going down well and is hopefully providing useful hints and tips for you and your brokers. This week’s new video is out now and is a brief update about packaging. News item for brokers: Zephyr Homeloans have launched a new series of short videos to provide useful hints and tips for
Zephyr Homeloans – NEW video about Packaging Read More »
Buy-to-Let Spencer Gale, Director of Distribution at Quantum will join Emma at next week’s Kick-Off Meeting at 9.30am, Monday 20th March. Spencer will go through Quantum’s common sense approach to BTL for when the computer says NO. So come along to find out how this relatively new lender can help you turn your declines into completions. Quantum
Kick-Off the Week with Quantum on Monday 20th March 2023, 9.30am -10.15am Read More »
Gen H (mortgage lender) has announced a new product range that offers first-time buyers a seamless homebuying experience combining mortgage and legal services under one roof. This is a first for the UK mortgage market. Customers could be able to save thousands of pounds on their mortgage as Gen H will make this premium service
GenHome – Announces New Product Family, a First in UK Mortgage Market Read More »
I am pleased to confirm that Experian has launched on OMS, and you can now access your client’s credit information in a matter of seconds! Some of you may have been using the Equifax (Credit Safe) integration which has been great, but the drawback is that your clients need to authorise access via their banking
EXPERIAN LAUNCHES ON OMS Read More »
MEDIA RELEASE Thursday, 9th March 2023 ColCap acquires a majority shareholding in UK digital mortgage lender Molo Further to the strategic partnership announced last year, ColCap has invested into Molo and acquired an 80% shareholding. This marks the first significant step towards international expansion for both companies, leveraging significant synergies to bring innovative products and
ColCap Acquires a Majority Shareholding in UK Digital Mortgage Lender Molo Read More »
FOUNDATION HOME LOANS REINTRODUCE 80% LTV RATES FOR OWNER-OCCUPIERS, AND NEW 5 YEAR FIXED RATE PRODUCTS FOR F1 AND F2 TIERS AND GREEN. As of today, Thursday 9th March 2023, Foundation Home Loans have introduced new products in the special and core owner occupied F1 and F2 ranges, and reduced selected fees and rates on their
Foundation Introduced New Owner-Occupied Products Read More »
Following the exclusive announcement at our Strategic Partner Day last week, Shawbrook are delighted to confirm with you the details of the changes to our Buy-to-Let (BTL) and Semi-Commercial products: Return to 75% LTV for our Specialist Buy-to-let Products Return to standard debt service cover ratios (DSCR) at payrate for 5 year fixed rates Interest
Shawbrook changes Buy-to-Let (BTL) and Semi-Commercial Products Read More »
Rate changes across our discount range. Suffolk have made some changes across their discount ranges. They’re increasing rates across some of our Expat and Buy to Let products. They’re committed to giving as much notice as we can – details of the DIP and application deadlines for the rates being withdrawn can be seen below.
Suffolk BS Increasing Rates Across some Expat and Buy-to-Let Products Read More »
