ALL LENDER UPDATES

Family Building Society – Changes to mortgage products

Family Building Society (FBS) Important Information – Launch of their mortgage products Family Building Society have made some changes to their mortgage product range with effect from today, 23 January 2024. They have reduced rates across all their Owner Occupier and Buy to Let Fixed Rate products, as well as reducing all Owner Occupier and Buy to […]

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Foundation Home Loans Launches 3 New Brands With Reduced Rates Out

Foundation Home Loans have announced the launch of ‘Solutions by Foundation’, a new suite of broad and specialist criteria and products for an additional layer of specialist buy-to-let needs, covering multi-occupancy properties, mixed-use property (part-commercial) and expat borrowers. As part of this change – with the splitting of the product ranges into three distinct channels:

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Virgin Money have Liberated LTI’s

Here’s some great news about our LTIs: we’re removing our interest-only cap, so the repayment method doesn’t feature in our LTIs anymore. That’s good for your customers, because it means more will get the loan amounts they need – and it’s good for you, because it could mean you’re able to help more customers. This

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MPowered NEW foreign nationals criteria!

Have you heard? MPowered have  launched brand new foreign nationals criteria, making mortgages accessible for more people than ever! Here are the highlights:  Considered up to 90% LTV*  No minimum income required  We won’t request a minimum time in the UK** Check out our criteria page and keep posted – there’s plenty more updates to come!   

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Family BS Rate Reductions Incoming!!!

NEW PRODUCTS AND PRODUCT CHANGES LAUNCHING ON TUESDAY 23 JANUARY  Owner Occupier: Capital & Interest Repayment Fixed Rates: 60bps reductions to Core 2-year fixed rates, 65bps reduction to JBSP 2-year fixed. 55bps reductions to Core and Family Mortgage 5-year fixed rates. 60bps reduction to JBSP.  Discount Rates: Offset rates reduced by 30bps (level of discount increased

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Interbay – New Range of Commercial and Semi-Commercial Products Available via Select Brokers Only

Take a look at Interbay’s new range of commercial and semi-commercial products.  Please note this new range of products is only  available to Select Brokers only NEW Commercial Rates now from 7.09% Product arrangement fees from 2% No maximum loan or property value Minimum loan £350,000 Owner occupier and investment cases accepted NEW Semi-commercial Rates

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