ALL LENDER UPDATES

As of, Friday 17th November, Foundation Home Loans have reduced a number of rates across their Core Owner Occupied and Core BTL ranges, and introduced to the market their ‘F2 Extra’ range of specialist buy-to-let products and criteria, for property or loan types not typically catered for in the buy to let market. Reduced owner-occupied rates include: F1 […]

As of , Friday 17th November, Foundation Home Loans are pleased to introduce its new F2 Extra range – a specialist buy to let proposition aimed to provide a suite of broad and specialist criteria for an additional layer of extraordinary property or loan types beyond that typically catered for in the specialist buy to let market. It includes

Introducing our latest buy to let products We’re excited to announce that we now accept HMOs with up 20 bedrooms for professional landlords looking for larger investment and diversification finance opportunities. This is backed up with new 70% LTV limited edition products and reduced rates in our core buy to let range. NEW! Up to

New buy to let products Reduced rates 2-year fixed rates from 4.39% 5-year fixed rates from 84% With options for personal ownership, limited company, HMO and limited company HMO landlords.  Don’t forget 2-year fixed and tracker rates now assessed at pay rate plus 1.55% (minimum 5.50%) Limited edition >> Core range >> Specialist range >>

This range of semi-commercial mortgages are for properties with combined Residential and Commercial use. Semi-commercial mortgages by Foundation are currently only available via BTL Specialist partners and selected Packagers. Contact Our Packaging Team Today 01708 676 135 | Packaging@connectbrokers.co.uk

With effect from Wednesday 15th November, we’ll be making a number of changes to our residential and Buy to Let (BTL) mortgage product ranges. Summary of changes: Existing residential customer switching / borrowing more 2 Year Fixed Fee Saver at 80%, 85% and 90% LTV decreasing 2 & 5 Year Fixed Standard at 60%, 70%, 75%, 80%,

At Zephyr, we have just launched a NEW range of 2 Year Fixed Rates and also REDUCED the rates on our 5 Year Fixed products. Our Lifetime Trackers with no ERCs are still available. If you display our product guide or have a URL link to it on your systems, please can you update it to this: Product-guide-10-11-23-FINAL.pdf (zephyrhomeloans.co.uk). Sourcing

As of today, Friday 10th November, Foundation Home Loans have improved our BTL and owner-occupied Special rates by up to 0.40%, and they have launched a new 7 year Fixed rate for Buy to Lets. Changes to buy to let rates include: Reduced F1 2 and 5 year limited edition products up to 75% LTV

From today, Thursday 9 November, our overall portfolio stress is increasing to 125% cover at 6.5% (from 6%). We will continue to make pragmatic lending decisions based on the overall merits of an application, but have made this adjustment to reflect higher mortgage interest rates for landlords in the current environment. Product Guide  Lending Criteria Website

Great news, we’re reducing rates on our High LTV (XLTV) products. We’re pleased to announce further rate reductions, this time across our XTLV range (>85% to <100% LTV), including both our fixed and variable products. This change has been designed to help those customers with lower amounts of equity built up in their property or those