ALL LENDER UPDATES

Below are some areas where Gatehouse Bank can support you with your BTL cases:

Our Bridge to Let option is ideal for Development Exits. It combines the best of bridging and term products, providing short-term funding, plus a guaranteed exit option, should it be needed. With both options being underwritten from application, your client has certainty from the beginning of the transaction.

Back by popular demand Precise Mortgages is widening its DMP, default and CCJ criteria as well as re-introducing Right to Buy with additional bells and whistles!

I am delighted to announce that as part of Kent Reliance for Intermediaries hand crafted approach to underwriting, we are launching a new residential range to help provide solutions for your clients with effect from tomorrow Friday 1st April. 

Our bridging loan products are designed to meet the diverse needs of business owners. We accept many income sources and do not require evidence of trading history, accounts, or proof of income, allowing us to take a practical and common-sense approach.

As the lending specialist, we are here to assist all contractors, including those with a less than perfect credit record. We have listened to your feedback and are pleased to announce a range of enhancements to our contractor criteria, to help get life moving for your clients.

We are pleased to confirm some enhancements to our product range available from Friday 1st of April 2022. The revised product range will be available for selection on our broker portal from this date.

From 4 April, TSB re-launches its entire shared ownership product range, which includes rates for second-hand homes and re-mortgages – all of which come with £500 cashback.

We understand that your clients’ finances are becoming increasingly complex. With more than a million people in the UK with second jobs, people’s working habits and sources of income have never been so varied.

We’re committed to making changes to our technology to help make business easier for brokers. For example, last year we integrated our Mortgage Hub platform with leading sourcing systems and now we’re improving our technology even more – giving you more time to handle workloads, interact with clients and manage more complex cases.