ALL LENDER UPDATES

Did you know? Our first charge loans start from as little as £10,000, making it easier than ever to access the funds your clients need. Plus, for loans under £100,000 on unencumbered properties in England, Wales, and Scotland, we offer free legals – helping your clients save on costs. We also offer first charge loans […]

Bank of Ireland for Intermediaries has launched a series of new products for first-time buyers, with cashback incentives, recognising the long list of costs involved for customers when buying their first home. The new range includes a five year fixed product for up to 95% LTV, priced at 5.42% with no fee and £1,000, £2,000

The self-employed mortgage market is projected to grow by 67% over the next five years, reaching £34.8 billion by 2029*, there is a significant opportunity to help more customers while growing your business with Metro Bank. Self-employed highlights  Profit before taxation plus Director’s remuneration used if 100% of Ltd company shareholders are on the application

Cut the Complex.  Solution for those who done fit the mould. Navigating the final stages of a Development project can be complex, especially in today’s uncertain market. Rising interest rates and slower property sales can put pressure on developers to sell quickly, potentially sacrificing optimal prices. That’s where Development Exit loans come in. These loans

We would like to inform you of our recent Buy-to-Let rates and criteria changes. Rate Reductions: We have made reductions across the entire BTL range of up to 0.45%. We have a range of products that cater from personal name and limited companies’ applications for Standard property types, all the way through to Specialist properties, including HMO’s, MUB’s & Holiday lets, to Complex borrowers including

We’ve made positive changes to our lending criteria for Foreign National applicants. We’re also enhancing our Interest Only proposition. Summary of changes: Interest Only – the maximum LTV has been increased to 75% Foreign Nationals without indefinite leave to remain – the maximum LTV has been increased to 85% This is available to sole applicants with an income of

At Central Trust, we specialise in providing efficient financial solutions—even when unexpected challenges arise. A recent client needed a £43,481.54 loan over 65 months at 7.99% APR to consolidate debt, saving them £364 per month. However, there was a hurdle—their property purchase in November wasn’t yet updated on the Land Registry. By acting fast, we:  Expedited the Land Registry application  Submitted to underwriting within 48

We updated our lending policy to reduce our Product Switch window from 180 days to 90 days. To minimise the impact to your customer, we will be making incremental system reductions on our Broker Platform when keying a Product Switch application to: 150 days from early April 120 days from early May 90 days from early June We

Multi-Loan Product Our Multi-Loan product has been designed with landlords in mind, this product reduces upfront mortgage costs, with just a completion fee. Streamlined Application Process We’ve done away with duplicate documents. Now, brokers can submit a ‘master application’. This is used to underwrite subsequent cases for up to 12 months after the initial application.*