ALL LENDER UPDATES

We’re writing to let you know that due to recent swap market volatility, we are making some changes to our products from tomorrow, Wednesday 24th April. Please find full details below: Our 5-Year 75% Fixed Rate products will decrease by 10bps Our 65% and 70% 5-Year Fixed Rate products will be temporarily withdrawn Our 2-Year […]

The Buy to Let (BTL) market has experienced a vast transformation over the past couple of years – not only have landlords had to adapt to a far higher interest rate environment, but also the gradual withdrawal of mortgage interest tax relief, stamp duty land tax reform, cuts to the tax free allowance on capital

Foundation Home Loans have changed their Residential and BTL ranges, and introduced new Limited Edition F1 fee-assisted residential re-mortgage only products, fixed for either 2 or 5 years. NEW Residential by Foundation products: F1 2- and 5- year fixed Residential remortgage-only products £350 cashback Free standard valuation Reduced Product fee of £595 No application fee

Albatross are excited to share with you details of our latest product, this will seriously disrupt the market! The new facility is specifically designed to end the bottleneck of re-bridge cases, and allow your clients to move forward,  key points are:- NO UPFRONT FEES UP TO 75% LTV ON RESI & MIXED USE RATES STARTING

Announcement   You may have seen press articles last week reporting that we were to withdraw from the first charge mortgage market. We just wanted to reassure you that this is not the case. We can confirm that Tandem has made a strategic decision to maintain our current first charge lending volumes rather than seek

Kensington’s Low Deposit mortgage solutions For your clients who are first time buyers and/or have a smaller deposit Up to 95% LTV rates available Right to Buy up to 100% LTV of the discounted purchase price Shared Ownership 85%, 90%, and 95% LTV options, subject to affordability New Build up to 90% LTV of houses

Family BS Buy-to-Let Limited Company mortgages are available to landlords with any number of properties in their portfolio Buy to Let Limited Company mortgages have become increasingly popular over the past few years due to tax changes. Why choose a Buy-to-Let Limited Company mortgage over a Standard buy-to-let mortgage?  No Income Tax on rental income

We value the business you place with us, which is why we’re pleased to announce that we will now pay a new business proc fee on all completed further advances. Proc fees will only be eligible for payment on applications received from today (18th April 2024) where a payment is quoted on the illustration, and

In case you missed it,  Lendinvest have some great bits to talk about: Free val on small HMOs up to value of £500k FTL now acceptable for small MUFB up to 6 units Hybrid HMO/MUFB properties Agreeing more properties next to commercial Refurb to let at 85% with free legals and Val on the exit

Atom Bank have reduced rates across their Near Prime range: 2 Year products reduced by 0.10% – 0.30% 5 Year products reduced by 0.15% – 0.30%. We’re also introducing a new 3 Year range, with rates starting from 5.99% and available up to 85% LTV. Remember We’re a whole bank packed into an app. So