ALL LENDER UPDATES

Shawbrook has some upcoming changes to its Buy-to-Let, Commercial and Semi-Commercial, Seconds and Bridging products, which will go into effect on Friday 2nd September: Bridging: Simplification of their proposition by creating a single pricing structure for loans up to £25m, and an increase of their arrangement fee to 2%. Buy-to-Let: Introduction of a new price […]

Given the current rate environment, thought this brief may be of some use. Did you know that once you submit a decision in principle to Aldermore, this secures the product for your client? So in this period of increasing interest rates, if you receive a rate change notification from us you do not need to

Further to Lendco’s communication yesterday please find attached their latest product range which is available from today. Key changes include: Withdrawal of all 80% LTV products. Withdrawal of lower ERC 5-year fixed rates. Reduction in margin for tracker with no ERCs. DOWNLOAD NEW RATE CARD With where the market is currently pricing 2, 3 and

Coventry for Intermediaries is closing some of their rates True to their pledge to give you two days’ notice of product closures, they will be closing the following products at 8 pm on Tuesday 30 August. Here’s what’s changing: Owner-Occupied (new business, porting, further advances and product transfers) Withdrawing all 2-year fixed rates at 90%

Reliance Bank Ltd is excited to announce the launch of its new Mortgage product range to both the Intermediary market and direct to customers. The key highlights are as follows: Key Worker Mortgage applicants receive £400 Cashback within 60 days of the date of mortgage completion with Reliance Bank Ltd. Cashback does not apply to

CHL Mortgages is introducing its new product range. Core Products Individual / Ltd Companies Fixed Interest Rates from 4.90% View Products Short Term Lets Fixed Interest Rates from 5.60% View Products Small HMO / MUFB Fixed Interest Rates from 5.25% View Products Large HMO / MUFB Fixed Interest Rates from 5.34% View Products Refurbishment Products

Metro Bank’s existing customers can benefit by switching up to three months early without incurring an early repayment charge. If your customer requires an online rate switch, you can do this by logging into the online rate switching portal. You will be able to switch their rate there and then and the portal will take

Ortus Secured Finance loans start at £100k and all deals, whatever their size, are extremely important to them. However, did you know that they also have the capacity to do much larger deals up to £25M? They have the ability to deliver larger bridging facilities which can be secured against a variety of residential, commercial,

LiveMore will be making some changes to their current rates and options across their product range effective from Wednesday 31 August. While the products themselves will stay the same, the rates and options will change so you have until Tuesday to grab them with the current rates. To take advantage of these, please get your