ALL LENDER UPDATES

Big Mortgage Criteria Changes We’re introducing four major enhancements to our lending policy to give brokers more flexibility and open the door for more of their clients:  Zero Hour Contracts – Accepted in more scenarios, with LTV restrictions removed Self-Employed Company Directors– Salary + net profit(for >25% shareholding) Buy to Let– No minimum income requirement(except […]

We wanted to let you know that following a review of our product transfer proposition, we’re changing the application window from six months to four months. Why are we making this change? As the rate environment has become more stable, most customers now apply within the last four months of their outgoing product. A 4-month

With relaxed criteria, placing your complex cases is a breeze.   Your summer cases just got easier to handle. We’ve listened to your feedback and turned up the heat on our residential solutions for loans up to £5m, including expat scenarios. From non-standard income to high-value loans, our latest enhancements have been designed to make

Case by case – complex cases with expert solutions   At Foundation Home Loans, we know no two landlords, or their portfolios, are the same. That’s why our products are designed to support complex cases with flexible, expert solutions. Check out the following example of how we can help landlords with tricky standard HMO limited

Advance Product Withdrawal Notice: As you may have seen, we’ve issued our Advance Product Withdrawal Notice this morning to all Premier Hub firms. This outlines the upcoming product changes going live on August 26th and August 28th. You can view the full communication here. The updated details will also be reflected on our website and in your Premier Hub product

We’re delighted to announce an enhancement to our partnership with CHL Mortgages, giving you more flexibility and choice in how you place your business. What’s New? Direct Route – You can now access CHL Mortgages directly through Connect, without going via Legal & General. SPT  Route – You also have the option to submit via

According to analysis carried out by Zephyr Homeloans via The DPS, 78% of landlords with 3 or more properties are not looking to sell their properties in the next 2 years. That figure rises to 80% for landlords with 6 or more properties. See the full story here.

Did you know our first charge loans start from just £10,000? It’s now easier than ever to help your clients access the funds they need. And here’s something we think you’ll like: For loans £100,000 and under on unencumbered properties in England, Wales, and Scotland, we carry out the legal work inhouse – that’s free legals for your clients!

With immediate effect all plans now allow Unlimited Overpayments, and Mortgage Illustrations and Offer documents have been updated to reflect this. Where stated, an Early Repayment Charge (ERC) will only now become payable in the event of full redemption. We have extended this feature to all pre-offer applications, so there is no need to re-key

Helping Ex-pat clients can come with a few extra questions – and we’re here to make answering them easier. We’ve just updated our Ex-Pat FAQs page with the latest info on things like ID requirements, income evidence, and acceptable countries. Whether you’re new to placing Ex-pat cases or just need a quick refresh, our FAQs