ALL LENDER UPDATES

As of 7th April 2022, Foundation Home Loans are offering a new BTL Green ABC+ range exclusively for properties with EPC rating of A-C. The new Green products include one free valuation and come with a 1% product fee.

Struggling to find a lender that is comfortable financing multi-unit blocks? Look no further, at West One we apply an individual approach to underwriting ensuring each case is reviewed on its own merits.

Thank you once again for the strong interest in our latest BTL Limited Editions where we have now reached our allocated tranche size. The following products will therefore be withdrawn from 6.00pm on Wednesday 6th April.

Josh Compton & Chelsea O’Grady from Allica Bank join Kevin at next week’s Kick Off Meeting at 9.30am Monday 11th April to discuss the successes of Allica Bank their current appetite 

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.