ALL LENDER UPDATES

On Thursday 9th November 2023 at 5:30pm we will be withdrawing our BTL and Residential Specials products, as well as our BTL Limited Edition products and selected 2 year core BTL rates, to be replaced the next day. Any DIPs on the current products will need to be submitted by 5.30pm on Thursday 9th November […]

Selected 5 year BTL products to be withdrawn at the close of business Thursday 9th November. In advance of a reprice, a selection of our Vida 36, 5 year 75% LTV BTL products are to be withdrawn from 6.00pm on Thursday 9th November. For any cases currently in the pipeline, all mandatory docs must have

NEW Key Worker Products Launched Reliance Bank Ltd are excited to announce the launch of our NEW Key Worker Mortgage Products to both the Intermediary market and Direct Channel. The Key updates are as follows: 2 year fixed of 4.99% fixed until 28th February 2026 (Product Code W C) This is available up to a maximum 75% LTV and has a product fee of

Gen H has announced further rate reductions of up to 26 bps. This is the lender’s third set of rate reductions in 9 working days. The most recent cuts are between 17 and 26 bps across their 2-, 3- and 5-year products. The new rates are already live for both broker and direct customers, and

Professional Mortgage interest only criteria enhancement Over the past month, we’ve sat down and enhanced criteria across our products. In our latest improvement to the Professional Mortgage, we’ve removed the need to meet capital repayment affordability when assessing interest only applications. This means greater financial flexibility for professionals with diverse income streams. What else has changed recently? We’ve… Reduced the minimum income

Return of Expat BTL 5 Year Fixed Rate and Self Build Large Loan. We’re very pleased to be bringing back two popular products to our range. These will be available for purchase and remortgage from Friday 3 November 2023. Read on for a few of the key features of the products. Available from 3 November 2023.

You may have seen Leeds Building Society mentioned in the trade and national press regarding our position on Holiday Let mortgages.  I just wanted to clarify some key points so that you are aware. We are looking at how we can further support the FTB market and address shortage of housing, particularly in areas where

Please see the snippet below regarding our new JBSP offering, where we have expanded the list of family members who can support. At Family Building Society, JBSP provides a flexible family solution to affordability. Family Building Society’s Joint Borrower Sole Proprietor arrangements offer a family solution to affordability. They have expanded the list of family members who

Kent Reliance have recently launched new buy to let and residential products including lower pricing on our popular limited edition 7% product fee 5-year fixed rate plus the reintroduction of our income flexibility residential range. Improved buy to let products Lower pricing on our 7% product fee 5-year fixed rate – now 5.19% 2-year fixed

Vida have launched a new Limited Edition on our Buy to Let range. Buy to Let Limited Edition Summary Up to 65% LTV on 2 year fixed, Vida 36 Available on individual units, HMOs and MUBs 2% Fee, with maximum loan of £1m Limited Editions are subject to tranche availability and could be pulled at