ALL LENDER UPDATES

Supporting the increased demand from Portfolio buy-to-let (PBTL) landlords, remember Molo can help your landlords expand and build their portfolio as we accommodate cases with up to 20 mortgaged buy-to-let properties. Take a look at our criteria below: Maximum of 20 mortgaged buy-to-lets across all applicants Max lending up to £5 million over 20 properties […]

StrideUp- Rate drops across the range StrideUp are delighted to advise that after a turbulent few weeks in the markets rates are starting to drift downwards which is good to see. The  have looked at all areas of pricing and can inform you: Rates reduced by up to 0.5% on the majority of the range

FOUNDATION HOME LOANS LAUNCH 2 AND 5 YEAR FIXED RATE F1 LIMITED EDITION BUY TO LET RANGE WITH RATES FROM 5.59% AT 75% LTV. On  Friday 17th March, Foundation HL have introduced two new Limited Edition buy to let products in the F1 range for purchase and remortgage. Available for both purchase and remortgage, and

Limited time only: MPowered have boosted their cashback on even more products. Mpowered have extended their cashback boost across our 5-year fixed range, meaning your customer can get up to £1,000 cashback on loans from £200,000 to £1.5million. They have also lowered rates across our 2-year fixed range. See a summary of what’s changed below. Product

Refurbishment and conversion finance Up to 70% LTV NET towards the purchase price. 100% of build costs funded. Monthly rates from 0.38% + BBR (0.71% per month as of today). Light and heavy refurbishments. HMO_Conversion_Case_Study If you have a case you’d like to discuss please contact your BDM or call the team on 0345 222

Following your feedback, we have been working with our credit risk team on ways we can enhance our criteria to improve the application journey for your customers.  Enhancements to our Independent Legal Advice criteria With immediate effect, the maximum gross loan size prior to ILA being mandatory has increased from £200k to £500k for all term mortgages in Together

Our new video series is going down well and is hopefully providing useful hints and tips for you and your brokers. This week’s new video is out now and is a brief update about packaging. News item for brokers: Zephyr Homeloans have launched a new series of short videos to provide useful hints and tips for

Gen H (mortgage lender) has announced a new product range that offers first-time buyers a seamless homebuying experience combining mortgage and legal services under one roof. This is a first for the UK mortgage market.   Customers could be able to save thousands of pounds on their mortgage as Gen H will make this premium service

MEDIA RELEASE Thursday, 9th March 2023 ColCap acquires a majority shareholding in UK digital mortgage lender Molo Further to the strategic partnership announced last year, ColCap has invested into Molo and acquired an 80% shareholding. This marks the first significant step towards international expansion for both companies, leveraging significant synergies to bring innovative products and

FOUNDATION HOME LOANS REINTRODUCE 80% LTV RATES FOR OWNER-OCCUPIERS, AND NEW 5 YEAR FIXED RATE PRODUCTS FOR F1 AND F2 TIERS AND GREEN. As of today, Thursday 9th March 2023, Foundation Home Loans have introduced new products in the special and core owner occupied F1 and F2 ranges, and reduced selected fees and rates on their