ALL LENDER UPDATES

West One have been busy helping clients with their specialist BTL needs, especially with our 5 year fixed product but with only 3 years ERC! Remember we can help with following:- Pay rate calculation on 5 Year fixed products, 140% stress for higher rate taxpayers No minimum income requirements Portfolio landlords – no stress test on background portfolio or limit on size, […]

Some of our key highlights are below. Bridging Legal undertakings requested on exception. Certainty of finance. We are extremely well capitalized and renowned for deliverability. Speed of service. Instant access to decision makers across the business. Solicitors instructed on day 1 Regulated & Unregulated Lend to lend to private individuals, SPVs offshore structures, SIPPS trusts

Vida will be launching an extended set of Right to Buy products with fees, along with repricing some of our existing BTL and Resi products, effective and under embargo until 20th April 2023: The following changes will take place:- BTL and Resi Reprice: 14 existing rates being changed. No changes to fees Right to Buy / Right

      Owner Occupier Semi-exclusives * For loans above £500,000, the Product Fee is 0.3% of the advance, payable when the mortgage starts.  Minimum loan amount is £45,000.   For new and existing customers.   10% overpayments per year allowed without Early Repayment Charges.  The Application Fee is £175.   The Valuation Fee is £0 for properties

At West One, we like to get your clients the funds they need as quickly as possible. That is why our brokers continue to return to us. To make it easier for you we have put together a checklist that lays out what is needed to package a deal correctly. This will move applications along much faster and get the

Following a review, Pepper will be increasing the Lender Base Rate to 4.20% with effect from May 1st 2023. How does this affect Sales I have made or will make?  If your customer has already received a Mortgage Offer from us, then you need do nothing. Where applicable, we will write to the applicants advising them

FOUNDATION HOME LOANS – RATES REDUCED BY UP TO 0.75% ACROSS SELECTED BTL AND BY UP TO 0.60% ACROSS OWNER OCCUPIED SPECIALS As of today, Tuesday 18th April, Foundation Home Loans have refreshed their BTL and owner occupied specials ranges. The refresh to the range brings rate reductions of up to 0.75% on selected buy

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%