ALL LENDER UPDATES

On the morning of the 25th of October 2022, Foundation Home Loans will: Withdraw all 45 Owner Occupier products Relaunch 32 of the 45 With updated rates Some products which currently come with 1 free valuation will have this feature removed See the attachment below for more information: FHL Update – 25 Oct 22

Coventry For Intermediaries is reducing some of their rates In line with their commitment to giving you two days’ notice of product closures, their latest changes will come into effect from 8 am Wednesday 26 October. Current rates will be available until 8 pm Tuesday 25 October. Here’s what’s changing: Owner-Occupied (new business, porting, further

On Monday 24th October 2022 at 5:30 pm Foundation Home Loans will be withdrawing all residential rates and replacing them with a new range on Tuesday 25th October 2022. Any DIPs on the current products will need to be submitted by 5.30 pm on Monday 24th October, which will secure the product for 3 working

On 21 October Suffolk Building Society withdrew a number of products, which you can find detailed below. As they want to play fair when making product changes they are giving a set period of time for you to submit DIPs and FMAs for any outstanding cases on the withdrawn rates. DIPs. DIPs can be submitted

WHAT’S CHANGING? The Mortgage Lender has launched two new 5-year fixed limited edition products, in 65% and 75% LTV tiers., priced at 6.25% & 6.45% respectively with a 2.00% completion fee, one free valuation and no app fee (see guides for full details) Please note – this is a Limited Edition Product, can be withdrawn

Source Insurance announced their new rent guarantee product for landlord insurance. A rent guarantee is a great way to ensure your landlord clients have an additional safety net for loss of income from their tenants. They all know long-term illness and loss of employment can affect someone’s ability to pay their rent on time. Because

Foundation Home Loans Increase Buy to Let Loan Size at 75% LTV to £1.5M and Launch New Pricing Across Entire Residential and Buy to Let Range As of today (Thursday 20th October 2022), Foundation Home Loans has made changes to their Residential and Buy to let products for purchase and remortgage. The changes to the

Shawbrook Real Estate changes to their Buy-to-Let, Commercial and Semi-Commercial products. The following changes will be effective from Wednesday 19 October 2022: New Pricing for Digital Products To enable them to continue to support a wide range of customers with their award-winning digital Buy-to-Let proposition, they are introducing a new price point for loans under

On Wednesday 19th October 2022 at 5:30 pm Foundation Home Loans will be withdrawing all residential and buy-to-let rates and replacing them with a new range on Thursday 20 th October 2022. Any DIPs on the current products will need to be submitted by 5.30 pm on Wednesday 19th October, which will secure the product

On the morning of the 20th October 2022, Foundation Home Loans will: Withdrawal of all 124 Foundation Home Loan products (74 BTL & 50 OO) Relaunch of 83 of the 124 products (38 BTL & 45 OO) An update to the BTL Affordability rate as follows: 5 year rates = pay rate 2 year rates