ALL LENDER UPDATES

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

As of Thursday 2nd November, Foundation Home Loans have reduced a number of their Buy to Let Special products. New and reduced BTL Specials include: F1 5 Year Fixed Portfolio-Landlord-only products now with rates starting from 5.84% with a free valuation and no application fee up to 75% LTV – with a 5% fee F1 and

We will be transferring all advisers over to our new eConveyancer UI on 14th November, please note that they can do this immediately to get ahead of the transfer date. The first of 4 emails will be forwarded to advisers by close of business tomorrow advising them of the change and a call to action to

In 2022, we published our first FTB Economy Report, in partnership with Centre for Economics and Business Research (Cebr). We have again carried out the same research with Cebr, where a further 1,000 first time buyers have been surveyed to gain valuable insights into the financial journey they face when purchasing their first home, whilst

Suffolk BS are giving a boost to your energy efficient self builders and renovators from today. Our new eco self build product is 10bps lower than our standard self build rate, and features a ‘knock down’ completion fee that’s £500 lower. Eco Self Build & Renovation 2 Year Discount 6.09% (SVR minus 2.60%) – £999