ALL LENDER UPDATES

Changes to our buy to let range

Metro Bank has a lot of exciting things planned for this year to help you, as a Legal & General Mortgage Club partner, to grow your business – starting with their recent enhancements to their Buy to Let Range:

Life after lockdown for your clients business

Vida Homeloans have extended their range from 90 to over 270 products, providing you with more options for your clients.

NEW product and criteria changes West One BTL

West One’s extensive range of bridging finance has been developed to provide finance for a wide range of borrowers needs. Offering a personalised approach to lending and can work with the speed and flexibility required when the timing is critical.

Just wanted to update that we have made a two big changes: The first, we are now able to incorporate second charges on our regulated product WITHOUT adjusting the rate or adding additional costs.

Last week we made some pretty game changing improvements to our BTL lending criteria. We’ve added the following to our offering, effective right now! –

New Lender on panel

BTL 117 (initial pay rate 3.49%) Holiday Buy to Let Fixed Rate to 31 March 2024, 75% LTV. £199 Application Fee, £1,299 Completion Fee.  2 years ERCs. Also available as a regulated product for Consumer Buy to Let applications (BTL 116).