ALL LENDER UPDATES

We know that thinking about next year seems as crazy as supermarkets putting selection boxes out in September! However, getting your pipeline in a good place now will certainly be the boost you need to get 2023 kicked off in the right way. Here’s just a reminder of how YBS Commercial Mortgages can help you […]

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

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

Following the announcement from the Bank of England on 3rd November 2022 to increase the base rate by 0.75bps to 3.00% Suffolk Building Society will be changing their SVR. Their SVR will increase by 0.60bps to 6.94% effective 1st December 2022. In the eight successive rate rises from December 2021 the base rate has increased

Octopus updated Bridging and BTL Products Buy to let Term – Highlights: Support First-time landlords, First-time buyers, Foreign Nationals (on & offshore) and Ex-Pats. They can purchase/refinance a variety of asset types inc. HMOs, multi-unit freehold blocks, Semi-Commercial properties, Holiday Lets (no restrictions) and New Build assets. Able to defer interest. Min Loan £50k. Min

Product changes: Effective 11 November. Today Suffolk Building Society is making rate reductions to some variable rate products across residential, holiday let, buy to let and expat products. They are also adding some new fixed rates! You’ll find an overview of the new products below, and full details on all available deals can be found

Precise Mortgages’ limited edition buy to let products feature options for personal ownership and limited company landlords. NEW! Precise Mortgages’ new limited edition range of buy to let mortgages feature 2 and 5-year fixed rates up to 75% LTV. 2-year fixed rates at 5.19% 5-year fixed rates at 5.44% Download Precise Mortgages Limited Edition Flyer

It’s been longer coming than initially planned, but we are pleased to announce the credit check integration between Equifax and OMS is now live and working! What does this mean for you? You will be able to request via OMS that your clients give authority for you to access their credit files. Once the client

Refreshed products across Precise Mortgages’ Buy to Let and Residential ranges With effect from today, Precise Mortgages is delighted to confirm that they have launched a number of new products/rates across their residential and buy to let ranges. Highlights Include: Residential Re-introduction of 2 year fixed and 75% LTV products (max LTV will remain at

Refreshed products across Kent Reliance for Intermediaries’ Buy to Let and Residential ranges. With yet further good news, they are also excited to confirm that they have launched a number of new products/rates across Kent Reliance for Intermediaries residential and buy to let ranges. Highlights Include: Residential Re-introduction of 2 year fixed and 75% LTV