ALL LENDER UPDATES

Lee Weston, Hodge Head of Business Development has put a piece together around income multiples and affordability. Read Here

Tandem Bank, the Greener Specialist Lender is the place for First Time Buyers when they don’t meet mainstream lenders criteria. We lend a maximum of 90% LTV We consider a variety of deposit options, including an unsecured from another lender, a gifted deposit, or an equity gift On our T1 range we were able to consider

Further to the rate reductions we shared with you last week, we’ve seen a fast-moving mortgage marketplace, so we are pleased to be able to cut rates once again on all our Fixed Rate Products across our three core ranges. Our new products will go live at 09.00am on Friday 12th January 2024. Please find below further

Here’s a wrap-up of our adverse criteria and how we can help your specialist customers to get life moving. CCJs No limit on the value of CCJs (County Court Judgements). Vida 6 allows 0 CCJs in last 6 months. Arrears and Missed Payments Telecom and utility missed payments ignored when assessing adverse tier. All historic

NEW product and criteria refresh!   To celebrate the new year, we’re excited to announce a complete refresh of our current buy-to-let product range! Starting from 4.45%, these products all benefit from free valuations and some also offering no application fees and £750 cashback! Download our latest portfolio product guide to see the full range available. Not only that, but we’ve been listening to what

Landbay are delighted to be bringing you their first product update of the year from Landbay with 5 year fixed rates from 4.49% at 75%, a 40bps reduction starting what will hopefully be a continual journey of rates heading downwards. Our priority as a lender is to continually source competitively in the BTL market and these products, stressed

INCREASED TERMS AND IMPROVED LENDING AMOUNT   Virgin Money  mortgages have made some big moves today. First up, we’ve increased the max term for all our residential mortgages to 40 years. That’s not all, though. We’ve also improved the amount we could lend, by updating our affordability assessment for residential mortgages fixed for 5 years or longer. It

MFS has updated their rates; all you need to know is in the updated lending guides. Bridging Lending Guide BTL Lending Guide   

We’ve cut rates on a number of our buy-to-let and Residential products by up to 0.30% to help more of your customers to get life moving. Almost all of our BTL and Residential rates have been reduced! View Products BTL – Limited Editions BTL 2 year fixed, 65% LTV, Vida 36, 2% fee – now 6.35% BTL 2

  Providing more options for you and your clients If you’re in need of a semi-commercial solution then the following will be of interest to you. With plenty of experience in semi-commercial cases and close relationships with specialist lenders, we’re often given access to semi-exclusive products. As an example, as an InterBay Select partner, we’re