ALL LENDER UPDATES

Source Insurance – New Rent Guarantee Product for Landlord Insurance

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

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Foundation Home Loans – Launch New Pricing Across Entire Residential and Buy to Let Range

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

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Shawbrook – Fixed Rate Changes

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

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Foundation Home Loans – Residential and Buy to Let Product Withdrawal Notice

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

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Connect For Intermediaries – New Referral Partner: Clear Business Finance

Why choose Clear Business Finance? They compare of 60 of the UK’s Leading finance providers to secure you the funding that’s right for business. Their service is all about understanding and meeting customer needs. One point of contact with access to a wide range of financial solutions, securing competitive terms every time. Clear Business Finance

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TSB Bank – Changes To Residential, Product Transfer And Additional Borrowing Ranges

On Tuesday 18 October, TSB Bank is making the following changes to their Residential, Product Transfer and Additional Borrowing products: Residential Introducing 3 Year Fixed Remortgage products Product Transfer Residential 2 Year Fixed, rates increasing by up to 0.95% Buy to Let 2 Year Fixed, rates increasing by up to 1.40% Additional Borrowing Residential 2

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