ALL LENDER UPDATES

There are some insightful industry news stories and trends that we’d like to share, along with your April 2023 performance stats, below: New build, new strategy for landlords Investing in new build properties may offer many advantages compared to purchasing existing properties. With the UK government claiming an additional 180,820 new build properties being made […]

Aldermore are withdrawing rates across residential owner occupied and buy to let mortgage range – from 6pm Wednesday 10 May We wanted to give you advance notice that we’ve made the decision to increase rates across our buy to let, residential owner occupied and product switch range The below products will be withdrawn from 6pm Wednesday, 10

In light of recent price increases from Precise and UTB we have decided to initially hold our pricing to deliver market leading rates Rates from 0.58% -0.69% View full Product Guide Call Andrew or Latif on 0121 233 1188 to discuss any inquiry.

As of the morning of the 3rd May, Foundation Home Loans will: Launch 50 BTL core range Withdraw 56 BTL core range Launch 30 OO core range Withdraw 30 OO core range For more information

Flexible support for clients with multi-source income In the ‘gig’ economy, instead of a regular wage, workers get paid for the ‘gigs’ they do, allowing them to work two or more jobs and benefit from multiple sources of income. However, not all lenders are willing to offer mortgages to these type of clients, often viewing

Leeds Building Society are making some changes to their mortgage range. These changes affect new mortgage applications only. Key product updates Residential 3 year 75% LTV fixed rates withdrawn. See our latest products Any applications on withdrawn products must be submitted by 18.00 Wednesday 3 May – see our latest updates for details. Need some help? We

Nomo Property Finance is growing quickly, and we’ve been processing offers for lots of different customers in Kuwait, the UAE and KSA. If you’re wondering whether your Nomo is right for your clients, here are some examples of the type of customer we are currently working with… Indian national, resident of the UAE, employed in the

Virgin Money launches new semi-exclusives and increases rates Virgin Money made the following changes to products at 8 pm on Tuesday 2nd May. New Semi-Exclusives 70% LTV remortgage fixed rates from 4.15%. BTL 50% LTV fixed rates with a £995 fee from 4.65%. Core Product Changes Fixed rates increased by up to 0.30%, starting from 4.09%

Reward range fixed rate end date extension Please be advised we are extending the end dates to 30th September on all fixed rate products within our Reward range, available for Product Transfer and Further Borrowing, for your clients with an existing Barclays Residential or Buy to Let mortgage. This update will be made overnight and new products

MPowered’s current residential 2, 3 and 5-year fixed rates will be withdrawn on Tuesday 9th May and replaced with new rates on Wednesday 10th May. Any AIP currently in progress will need to be submitted as a full mortgage application before Wednesday 10th May. Applications submitted after this date will use the new products. You can view