ALL LENDER UPDATES

Shawbrook made several rate changes across their product offering, as well as increased their legal fees in response to the current fast-moving and volatile market. They have now updated their website and product guide to reflect these changes. They encourage you to download their latest version of the guide to ensure you have access to […]

As of today, (Tuesday 27th September 2022) Foundation Home Loans are pleased to announce that they have updated their credit criteria in order to continue to meet their target borrowers’ evolving needs by being able to accommodate the additional credit blips and instances which may have occurred in recent years. Foundation has also introduced a

We are pleased to announce that LV= General Insurance (LV= GI) joins the Connect Partner Panel Now you can quote for home and landlord insurance! Boost your business by selling GI With LV= GI for Intermediaries, there’s lots to look forward to, including: A great home insurance product with offering two levels of cover for

Aspen has had a strong year to date and has grown its book ahead of targets following the launch of their Heavy refurb + 100% works funding, Dev Exit with no minimum interest, and their Bridge-to-Let offering which recently won B&C’s Product of the Year Award 2022. S&U PLC their FTSE listed parent is confidently

Shawbrook has some immediate changes that they are making to their buy-to-let, commercial and semi-commercial fixed rate products. These changes began to take effect at 5.30 pm, Friday 23 September. Please note that existing pipeline cases will not be impacted. All cases where at least an IMO has been issued (that is less than 14

Further to the email yesterday, Fleet Mortgages has new products that will now be going live at 09:00 am Saturday 24th September and not Monday 26th September as previously communicated. Their new Product Guide is for your reference. Please find below a summary of the changes: On the Standard Product Range 65% 5 Year Fixed

On the morning of 27th September 2022, Foundation Home Loans is making changes to its owner-occupied product range. In summary, Foundation will: Update its Residential Adverse Criteria and introduce new F4 products. Please update our adverse criteria in line with the attached. Withdraw and re-launch a new set of residential products with new short codes

At 8am on Monday 26th September, Digital Mortgages by Atom bank is making the following changes to their Prime & Near Prime mortgage range: Increasing all Prime 5-year purchase and remortgage rates by 0.55%. Increasing all 95% LTV retention and further advance rates by 0.55%. Increasing all Near Prime 2- and 5-year rates by 0.50%.

Pepper Money will be increasing its rates next week. Swap rates are a continual challenge, and this is something they need to do. The new products will go live on Wednesday the 28th of September 2022. Current DIPs need to be in by 6pm on Tuesday the 27th of September 2022. Full mortgage applications need