ALL LENDER UPDATES

Digital Mortgages by Atom Bank – Relaunching Near Prime and Full Prime Range

Digital Mortgage by Atom Bank has some updates to their mortgage range, which include relaunching Prime and Near Prime products, reducing rates, moving end dates, and changing SVR. Their planned changes are set out below, and, of course, they’ll update you if they change anything else. At 8 am on Tuesday 22nd November, they will […]

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Market Financial Solutions – Updated Product Guides

Market Financial Solutions updated product guides, including their BTL Tracker Rate Product. USPs: 4-hour turnaround time for indicative figures (UPFRONT UNDERWRITING PROCESS = no time wasted) Multiple funding lines Foreign nationals, Expats Current adverse credit considered Roll up & defer of interest Re-bridge Holiday lets PEPs First-time buyers and landlords BTL Product Guide_Q4 2022 Bridging

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Suffolk Building Society – Residential and Holiday Let Product Changes (Effective 21 November 2022)

Today Suffolk Building Society is making changes to their discount products across their residential and holiday let range as detailed below: Residential 2 Year Discount C&I increased by 0.60bps, now @ 3.99% Residential 3 Year Discount C&I increased by 0.60bps, now @ 3.99% Residential 2 Year Discount I/O increased by 0.66bps, now @ 4.35% Holiday

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Shawbrook – Changes to Buy-To-Let and Commercial Offering

Shawbrook informs you that they have made some adjustments to their Buy-to-Let and Commercial Investment products effective from Tuesday 15 November: Buy-to-Let Maximum 70% LTV Minimum loan size remains at £40k Commercial Investment Commercial Investment maximum 60% LTV & Semi-Commercial 65% LTV Minimum loan size has increased to £1m Their e-AIP portal will be offline

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Gatehouse Bank – New Product Range and Update on Process Improvements

Launch of New Product Range Tomorrow, Tuesday, 15 November 2022, Gatehouse Bank will be launching a new range of Buy-to-Let (BTL) and Home Purchase Plans (HPP) products. In addition, they will be making some changes to their application criteria, details of which will be provided in the launch communication. Improvements and Changes to their Application Process

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