ALL LENDER UPDATES

TSB is increasing the maximum loan available on 90% to 95% LTV residential mortgages from £500,000 to £570,000.

Interbay know it can sometimes be difficult for commercial clients to find the right rental property that fits their business needs. All too often the rent’s expensive, it’s the wrong size or it’s in an unsuitable location.

Redwood Bank are now entering the final month of the first quarter of 2022 and they want to take this opportunity to update you on some further positive changes to their lending criteria.

Aldermore are delighted to let you know that they are reducing rates across their 2 and 5 year fixed products for individual and company landlords with single residential properties. 

The Family Building Society’s Buy to Let Limited Company mortgages are now available to landlords with any amount of properties per company. This means no matter how many properties your client has, they may be able to help.

Following the success of Molo’s Portfolio Buy to Let proposition in November 2021 they are pleased to announce a change to their criteria to now allow clients with larger portfolio’s to benefit from Molo’s competitive rates and criteria. 

All things Aldermore

TSB branches are now able to certify ID for all TSB mortgages, including intermediary applications. This was previously only available to applicants remortgaging to TSB using their free legals service. 

Octane Capital’s #3rdGen Buy to Let products are a perfect match for landlords with high levels of exposure or individuals looking to incorporate their portfolios.

On todays Kick Off the Week meeting, Castle Trust Bank announced the release of 3 new Limited Edition BTL products that are semi-exclusive to Connect.