ALL LENDER UPDATES

The way that Foundation Home Loans calculate rental cover for applications with products with an initial rate less than 5 years has changed. Rental cover requirements for applications on 5-year products have not changed; these are still calculated these at the pay rate. However, for short-term rates such as two-year fixes and two-year discounts, the […]

On Wednesday 26th October 2022 at 5:30 pm Foundation Home Loans will be withdrawing all buy-to-let rates and replacing them with a new range on Thursday 27th October 2022. Any DIPs on the current products will need to be submitted by 5.30 pm on Wednesday the 26th of October, which will secure the product for

As of today, Tuesday 25th October, Foundation Home Loans have made changes to their residential products for purchase and remortgage. The new residential range includes: 2-year ERC-FREE Discounted variable rate residential products starting at 5.99% 2-year and 5-year Fixed rates across the F1-F4 tiers Fee-assisted 5-year fixed rates at 75% LTV Professionals and Residential Green

You can now offer your clients a new, lower-rate Buy-to-Let option as LendInvest continue to offer solutions to the current challenging market. For a limited time only, your landlord clients can benefit from long-term stability for their properties at a lower cost. Here is what you need to know: Rates start from 6.54% Four new

Today Suffolk Building Society has launched new products, bringing you options for residential, buy to let and holiday let up to 80% LTV, including for expat clients. These join their existing deals for expat residential and self-build. You’ll find an overview of the new products below, and full details on all available deals can be

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