ALL LENDER UPDATES

It’s never been harder for some self-employed borrowers to get the numbers to stack up when they apply for a mortgage. Affordability is stretched and that’s particularly problematic for self-employed borrowers. USPs We can look at retained profits in your clients’ business and use a share of net profit & salary when assessing affordability. If […]

As of Thursday 12th September, Foundation Home Loans have updated selected rates in their Residential Professionals’ range and also made them available on all repayment types, including interest only. Additionally, they are excited to introduce new products, including a brand-new F1 Green 5-Year Fixed BTL product. Changes to the Professionals Residential range: New F1 5 Year Fixed Professionals

OMS are excited to invite you to a joint webinar hosted by OMS and Movin Legal. This session will showcase the benefits of the integration of Movin Legal’s conveyancing intermediary platform within the OMS platform. With this integration, mortgage professionals now have a streamlined way to refer clients to a curated panel of law firms,

 Great news, Harbour Market have just made it even easier to place your clients’ bridging finance cases by making the following changes:  Expanding the range with products now available up to £5m  Extending our maximum loan to value (LTV) to 70%  Short-term finance can help with a variety of different scenarios, not just chain breaks.

Metro Bank’s joint Borrower, Sole Proprietor mortgage is the perfect solution for family or friends looking to support loved ones onto the first or next rung of the property ladder. Residential Core Range JBSP highlights  Spouses and non-relatives are accepted as joint borrowers Joint borrowers can reside in the subject property Up to 95% LTV

Connect  are delighted to  share with you our exclusive access to a range of products from a new buy to let lender. And that’s not all. They’re also waiving all valuation and application fees during the initial launch process while you get to know them. To give you a taster of what to expect, here are just

West One would like to inform you of  recent changes to their 1st Charge BTL fixed rate product range. These changes affect our Expat and Foreign National fixed rate product ranges. Please see below product and criteria changes, we’d be delighted if you could share with your teams and members. Highlights of our changes include: Product changes: 25bps reduction

With the property market still navigating a landscape of interest rate changes and shifting landlord strategies, having the right financing options has never been more crucial. That’s why I’m excited to share some timely updates from HTB that could give you and your clients a real edge. New Semi-Commercial Rates from 5.89% We’ve lowered our semi-commercial

Octane have some really exciting product news: Refurbishments loans: we can now lend up to 75% LTV NET day one + 100% of refurbishment costs. Developer exit loans: now up to 75% LTV too. And there is no increase in our rates, which start from just 0.75% per month (BBR linked). Deals we love to fund: Light decorative refurbishments. Structural works

Positive news from MFS! With BBR anticipated to decrease in the coming months and SWAP rates taking a gradual decline, why take a 5-year product when a 2 year will do?  That’s the question many brokers will be asking themselves.  The great news is our 2-year fixed or tracker BTL rates will enable BTL landlords