ALL LENDER UPDATES

 Semi Commercial Investment Offering

As we near to the end of the year and monetary targets are looming, I wanted to take a moment to refresh you on our semi commercial investment offering, focusing primarily on pricing and speed. Why choose Allica? Service/Speed – Allica Bank have an average SLA of 3-5 working days on new applications. Once approved, we instruct […]

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important Update: Procuration Fees & Product Transfers

We’re delighted to confirm that we will now pay full procuration fees on all product transfers, and alongside this, we’re increasing our standard procuration fees by 0.05% across both brands. Full details are outlined below. We’re proud to announce two key changes:  Procuration Fee Increases (Effective Immediately) – Clubs and Networks CHL Mortgages for Intermediaries: Increased from 0.55% to

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Real Estate Ready Loan – Now Accepting all Real Estate Investment Property Assets

Following the successful launch of the Real Estate Ready Loan, I wanted to let you know that the pilot has now been expanded to all Real Estate Investment Property Assets. This means that any of your new-to-bank real estate clients can now access investment lending. Loan Features Borrowing range: £100,000 to £750,000 Loan types: Interest-Only*,

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Practical insights to support brokers with challenging cases

At Foundation Home Loans, we know no two landlords, or their portfolios, are the same. That’s why our products are designed to support complex cases with flexible, expert solutions. Check out the following example of how our semi-commercial product helped an overseas client secure HMO finance with confidence. The problem: An expat landlord based in Singapore

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New Build with April

New Build. No nonsense We’ve made New Build simple. Just hit play on our video above to learn, brick-by-brick, how April does New Build. No nonsense, straightforward and all in three simple steps. Built for more borrowers. 90% LTV on both houses and flats Builder incentives up to 5% with no LTV penalty Suitable for first-time buyers and home

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UTB – Faster Applications, Less Paperwork

We’re excited to announce a new enhancement to our application process! Effective immediately, UTB do not require bank statements as standard at application. Customer Bank Account details will now be verified digitally, with no additional information or work required by yourselves, or the customer. This means: Less paperwork Faster turnaround times A smoother, more efficient

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