ALL LENDER UPDATES

Over the last decade, the number of new-build properties in the UK has increased significantly. New builds feature many selling points, from modern designs and five-star amenities to new appliances and lower maintenance costs. In fact, tenants often seek out newer buildings, and this has seen a rise in the number of investors considering new-build […]

Recent research by Royal London revealed that 77% of people are worried about mortgage expenses, and 89% are concerned about energy bills, which have increased by an average of £441 a year. A recent Utility Warehouse study found that over one-third of UK adults are earning multiple sources of income to help address their growing outgoings. This figure is expected to grow to nearly half by 2025.

Further to the announcement we made yesterday, all fixed rates have been reduced by between 0.4% and 1.1% depending on the product!   Due to the fact we book your clients funds at application stage, regretfully we are unable to amend any products on existing applications.     Product Guide

As swap rates have stabilised in recent weeks, we have reviewed our product range and as a result, we are launching a new set of 2-Year Fixed Rate products which will be available from 09:00am Wednesday 9th August 2023. Please find below further details of our new 2-Year Fixed Rate products: Available across our three

Imagine you’re called by a customer who’s struggling to secure a residential mortgage with a mainstream lender. You find out they’re a self-employed sole trader who set up their own plumbing business 18 months ago. Their business has gone from strength-to-strength, they earned £35,000 in the first year of trading and they’re projected to earn £45,000

Good news! We’ve lowered ALL our 2, 3 and 5-year fixed rates. Rates start from 5.44% Up to £1,000 cashback on 2 & 5-year fixed rates. Free valuation on every case. As swaps continue to fall, we’re thrilled to announce that we’ve lowered our rates again. NEW lower fixed rates: Available across our entire 2, 3 and 5-year

On Thursday 3 August, the Bank of England (BoE) base rate increased by 0.25% from 5.00% to 5.25%. Santander tracker products will increase by 0.25% from the beginning of September. Payments will change from October onwards. This includes the Follow-on Rate, which will increase by 0.25% to 8.50%. Alliance & Leicester tracker products will increase by

Following this afternoon’s BBR increase to 5.25%, we are writing to let you know that we are updating our tracker products. Our replacement tracker products will go live at 09:00am on Friday 4th August 2023. Please find below a summary of the key changes: BBR increased to 5.25% Standard Tracker and Green Tracker products updated ERC end dates

Coventry for intermediaries has reduced all residential fixed rates by up to 63bps, selected Buy to Let rates by up to 55bps, and reintroduced new products to the range. Additions to the range include: 3 Year Fixed Rate options for residential applications 65% LTV options for residential applications 75% LTV options for Buy to Let

Foundation Home Loans are pleased to announce that as of today, Thursday 3rd August, they have further enhanced their owner-occupied proposition with the launch of products with enhanced loan-to-income (LTI) limits for Key Workers. Key Worker product details: Up to 5.5 x income 2- and 5-year fixed rates starting from 7.04% Max loans of £1m