ALL LENDER UPDATES

Molo adds MUFB to it’s Buy-to-Let range, with rates starting from 5.19% Multi-Unit Freehold Block (MUFB) is for landlords purchasing or remortgaging freehold blocks with up to 6 units.   News Highlights  Molo launches Multi-Unit Freehold Block (MUFB) mortgages for landlords  One mortgage for up to 6 units listed under one freehold title  Molo’s MUFB […]

After nearly 50 years, we’ve experienced many economic shifts in the property market. So to help you navigate these uncertain times, we’ve compiled an in-depth report exploring commercial and residential property market trends backed by our own research and industry partner contributors. Insights into the property market 2023 and beyond As part of the report, we

Aspen Bridging  have enhanced our No Valuation product which now includes Semi-Commercial. Product Highlights Offering 70% LTV No Val + Intergrated Legals for genuinely urgent resi cases & 60% LTV for urgent semi-commercial. We can meet deadlines of 10 days! Available with rates of 0.89% on flat and 0.49% on stepped with proc reduction e are also offering LTVs up to 75%

The Family Building Society are delighted to let you know that on Wednesday 19th April, they we will be making a number of changes across our mortgage product range. The key changes are as follows: Owner Occupier  Fixed Rates: All 2 year fixed rates will be withdrawn without replacement. Rate reductions across the vast majority

West One are the leading large loan lender. With over 17 years of bridging finance experience, we are experts in bridging cases of all size and complexity. Experts in £5m-£30m lending Residential commercial & land Dedicated and experienced underwriting teams Industry leading completion times Give us a call today on 0333 1234 556 or via email to discuss

Top Tip Tuesday Talks Residential Flat Purchase at 95% ltv We do not take ground rent or services charges as a monthly outgoing when assessing affordability. Maximum ground rent cannot exceed 0.1% of the property value or £500 per year (whichever was higher) and must remain reasonable at all times during the lease, the lease

Gen H launch conveyancing firm Gen H Legal for first-of-its-kind lender-conveyancer duo Gen H are setting a new standard for lending and conveyancing in the UK mortgage market with a first-of-its-kind seamless, end-to-end homebuying service LONDON, 5 April 2023 –– Gen H have made Gen H Legal, their conveyancing arm, widely available to all direct

Special Edition Five-year fixed rates…with an ERC twist! Landbay have launched a new set of Special Edition five-year fixed rate mortgage products with rates starting at 4.99%. The new range provides price certainty with combined flexibility as there are only three years of early repayment charges (ERC). This means the borrower can redeem the mortgage in

Virgin Money:  Initial Assessment:- 2 days Correspondence & Valuations:– 1 days to assess documents and 1 day to assess valuations Speed to Offer:–  11 days Calls:–  81% answered & Webchat 97% answered. Average wait time 14;21. Policy Exceptions:– 3 days New adviser registrations:- 12days Product Transfers – Offers 4 days; Correspondence 2 days; Underwriting 2

Applies to: Buy to Let New Business Accord have changed their rental calculation requirements for your Landlord clients by reducing our ICR Rates. What’s changing? Interest Coverage Ratio Rates (ICR Rates) reductions Where your client is capital raising: Product term < 5 years – 6.5% (previously 7.5%) or product rate +2% (whichever is higher) Product term >=