ALL LENDER UPDATES

The provision of expat mortgages in the UK remains a niche market but specialist lenders such as the Dudley Building Society are seeing increased demand for expat products from British citizens who have moved overseas for work, retirement, or other reasons but still want to invest in property back home. There are myriad reasons for […]

We have some fantastic exclusive news. Our brand new, simple, quick, and efficient affordability calculator is on our website.  Its located here AFFORDABILITY CALCULATOR we haven’t made a formal announcement yet, but I wanted to share this exciting new with the Packager community first Also, I am delighted to let you know about: Please find attached brand new case

We are pleased to introduce Expat products to the International Buy-to-Let program. Expat products are available to UK Nationals (with acceptable British passports) living overseas in an acceptable country. Available for purchases and remortgages of properties in England or Wales up to 80%LTV. See ‘at-a-glance’ below to see key differences between our International products.      

We have reduced rates across our Semi Commercial range, with some rates reducing by 0.40bp. Don’t forget that you should be using the Select Club product guide attached when quoting deals. It offers significant rate reductions and different product types that other brokers simply cannot access, so please do use it. Remember you get discounts on the

Please see attached updated pricing for our semi-exclusive AVM 55% LTV range you have access to.    

We’re delighted to announce that our new, improved affordability calculator is now live on the intermediary website. We’ve taken the time to enhance its functionality and can confirm the calculator now offers the following: The ability to run affordability across all our residential products (the 50+, the RIO and the Professional). An improved back-end functionality,

New and improved range of semi-commercial products Lower rates and reduced minimum loan Our new and improved range of semi-commercial products now includes 65% LTV options with rates from 7.19% and reduced minimum loan of £200,000. NEW Semi-commercial Rates now from 7.19% Product arrangement fees from 2% No maximum loan or property value £200,000 minimum

Foundation Home Loans have released new rates across their entire Residential range. Unchanged: Special Fee Assisted fixed rates – including 6.44% 5-Year Fixed rate with £795 product fee, 1 free standard valuation and no app fee. Residential by Foundation: F1 2- and 5- Year Fixed rates now starting from 6.04% with a £995 fee F1

Criteria enhancements – with immediate effect Five new foreign currencies accepted including Saudi Riyal and Australian Dollar.   Plus… flats up to seven storeys and the acceptance of non-court ordered maintenance. What’s new in full? NEW currencies  Saudi Riyal Australian Dollar New Zealand Dollar Swedish Krona Danish Krone. We’re now accepting these for resi, expat resi,

As of Thursday 15th February, Foundation Home Loans have improved affordability for shorter term buy-to-let products by lowering their notional stress rate from ‘the higher of 8% or pay rate+2%’ to ‘the higher of 6% or pay rate+2%’ (Fixed rates of 5 or more years continue to be calculated at the pay rate). Foundation Home Loans now