ALL LENDER UPDATES

To help simplify both our residential and buy to let applications, we have made the following positive changes to our policy and packaging requirements: Policy enhancements  Self-employed: Introduction of Accountants Certificate for cases under £1 million Minimum time trading reduced to 2 years (2 years figures needed) Employed: No minimum time required in current role (1 payslip […]

As of  Tuesday 12th December 2023 we have refreshed selected products in our BTL range. Changes in the BTL range include: F1 Limited Edition 2 Year Fixed product reduced by up to 0.10% with a £1,495 fee, with a rate of 6.49% F1 Limited Edition 7 Year Fixed product reduced by up to 0.15% with a

NEW PRODUCTS AND PRODUCT CHANGES 11th DECEMBER   Owner Occupier: Capital & Interest Repayment Fixed Rates: 50bps reductions to all 2-year fixed rates 40bps reductions to Core and JBSP 5-year fixed rates. 45bps reduction to the Family Mortgage  Discount Rates: With the exception of the Offset Mortgage products, all discounted variable rates withdrawn from sale without

Monday 11th December 2023, LONDON — Fintech mortgage lender Gen H has announced the launch of an innovative AI-powered packaging tool, built on Google Cloud, that automatically analyses and categorises documents required for mortgage applications. Gen H is one of the first mortgage lenders in the UK to be collaborating directly with Google Cloud to

Bridging Uses: Development exits Auction purchase Land with planning Standard bridge Refurbishments – light, medium & heavy BMV – lowest out of: 90% of PP or 75% market value (gross) Capital raising Re-bridging (case by case) Accepted Property Types: Residential BTLs Holiday lets (with no restrictions) MUFB & HMOs Semi-commercial Fully commercial (offices & retail) Land (with planning) Pricing & Products:

Six mortgage bundles designed to make it even easier for you to find the right solutions for your clients. Making your lives easier is at the heart of everything Kensington does. Our new Portfolio groups our mortgages into six mortgage bundles designed to make it even easier for you to find the right solutions for

On 7 December, TSB is introducing new products designed to help more First Time Buyers purchase their first home. Created exclusively for First Time Buyers, the range has the same rates as TSB’s Home Mover products but will transfer onto a follow-on rate tracking at 2.49% above the Bank of England base rate, which is

Open the door to Limited Company Buy-To-Let Over recent years, we’ve seen more landlords opting to buy, own and let their properties through a limited company structure. We want to be able to support our broker partners as they guide their clients in this changing market. So we’ve opened the door to Limited Company Buy

We believe every generation deserves a place to call home. That’s why we’re putting home ownership in reach of more people with the launch of our new Reach Mortgage range. The products offer eligible customers a range of mortgages if their credit score means they don’t qualify to apply for one of our standard mortgage

Following our email yesterday we have now reduced all our 5 year fixed rates by 0.10% as well our 2 year rates on our Switch & Fix and Product Transfer ranges by up to 0.15%. 5 Year Standard rates now start from 5.04% 5 Year Specialist rates now start from 5.34% Product Transfers now start from 5.99% Switch & Fix rates now start from 6.09% Stock