ALL LENDER UPDATES

Precise and Kent Reliance today return to 70% LTV lending, but also Interbay semi-commercial launches and updates to bridging and second charges

I’m pleased to say that InterBay Commercial has resumed business, and that our team of experts are on hand to help with your cases…

The following new retention products have been launched today for existing MBS Lending customers: MBSL 110 – 2.25% Discounted for Term. Max LTV 70%. No fees* MBSL 109 – 2.99% Fixed rate to 31 July 2022. Max LTV 70%. No fees* MBSL 108 – 3.49% Fixed rate to 31 July 2022. Max LTV 95%. No fees. *These two

Daily product update can be found here.

State Bank of India (UK) Ltd is pleased to announce that with effect from Tuesday 5th May 2020 it will resume accepting applications for Buy to Let mortgages. Products will be available up to 75% Loan to Value for a range of purchase and re-mortgage fixed rate products. Given the current circumstances, State Bank of India

Selected rates will be reduced across the range (75% to 85% LTV) by up to 0.10%. We are also reintroducing cashback at 80% and 85% LTV. Selected rates at 75% LTV reduced by up to 0.10% Selected rates at 80% LTV reduced by up to 0.07% and cashback reintroduced Selected rates at 85% LTV reduced

Helping your client buy their next home is just as important to us as it’s always been.Our BDMs, underwriters and support teams are offering the same level of help with the home your client has found, from the safety of theirs.   “We’re very much open for business and our mortgage range for both purchases

We are pleased to announce a series of enhancements to our Second Charge product range with immediate effect. Highlights of the changes include: Reintroduction of our BTL Second Charge product range New criteria for self-employed borrowers up to 75% AVMs now available up to 65% on Apex 1 plans Restrictions on acceptable loan purposes removed