ALL LENDER UPDATES

We’re the lender to help your customers with recent adverse credit boost their cashflow. That’s why we’re launching our latest Limited Edition Residential remortgage only product, available with £750 cashback and a free valuation. The product is available on Pepper 18 and Pepper 12 up to 85% LTV, and Pepper 6 up to 80% LTV. It […]

Affordability is one of the most searched criteria points in the residential mortgage journey. Our BDMs discuss it at almost every appointment. Here are a few ways we may be able to support your clients’ affordability, and help with their home-owning goals: We can consider: Credit accounts showing on the credit file, but being repaid

Our Summer Drop products are 5-year fixed Vida 36 options at 65% and 75% LTV, with a reduced fee of 6%—down from 7%—offering potentially significant savings for your BTL landlord clients. We also have an HMO/MUB option available at 75% LTV. Fee reduced from 7% to 6%, offering significant savings for BTL landlords 5 year fixed

What’s new? We know things are easier when they are under one roof. That’s why we are pleased to announce that our Limited Company mortgages are here! But we think you’ll agree, it’s been worth the wait…. Introducing our brand new automated Limited Company mortgages with instant DIPs and expert support. Now we can help

New enhancements to help you write more business We’ve announced a raft of rate reductions and significant product and criteria enhancements to help you place more business with UTB, simplify and accelerate the application process and save your customers time and money on eligible deals. For example: We’ve reduced interest rates by as much as

We’ve simplified our legal documents process – making it quicker and easier for both you and your clients. For all new loan applications, we will no longer include the Legal Charge or Personal Guarantee documents (where applicable) in our offer pack. Instead, these documents will now be issued directly by our panel solicitors. They will notify you when

Here’s a reminder of some of the great Premier Hub perks you have access to: No assessment fee, saving your customer £195 per application. Access to our Packager Tier (available to you through a non-Packaged route) for those clients with more recent credit blips. Exclusive products, such as the current Residential Remortgage Exclusive. Premier Hub

Semi-Exclusive Products On top of the refreshed standard product and pricing range, we have additional semi-exclusive products available via our packaging partners.  For further information, speak to your local BDM. Criteria and Calculator Changes In addition to our pricing changes, we are also making some changes to our criteria and affordability calculators for both Owner Occupier

You can now access lower rates on selected 3-year fixed rate products, starting from 3.82% – available now. Explore our full product range and be the first to lock in our new rates. Want more from MPowered? Speak to MPowered Max today. MPowered Max is our way of making sure you get the support you need, when and how

When placing a bridging loan, a clear and realistic exit strategy can make all the difference to getting the deal across the line. At Mercantile Trust, we take a common-sense approach — and we’re happy to work with you on more complex cases, provided the exit strategy plan. We typically accept the following strategies:  Sale