ALL LENDER UPDATES

As part of our ongoing commitment to partnering with brokers on their complex cases and providing additional opportunities for their clients, I’m delighted to announce that tomorrow morning we will be launching a new range of semi-commercial and commercial products.

Launch of Regulated Bridging – Limited Disstribution

‘Select’ 90% LTV only available through Connect’s packaging service…

This week there is a focus on our holiday lets product, UK holidays are frequently in the news and feedback from firms on our panel suggest that there is demand for this sort of borrowing. As ever if you have any questions, observations or clients who may be interested in out holiday lets product please do not hesitate to get in touch.

We are pleased to confirm some exciting criteria changes which take effect from Monday 15th February. New cases can be submitted through our broker portal from this date.
A summary of the changes are noted…

Launch of Regulated Bridging – Limited Disstribution

Launch of Regulated Bridging – Limited Disstribution

In this Lender Spotlight webinar, find out all you need to know about Flats and MUFBs from the BTL experts at Zephyr in the LIVE Q&A on 22nd Feb. Plus, hear the latest market insights from Paul Fryers (Zephyr MD) and handy hints and tips on case submissions from Andy Rowe (BDM)…

Coventry for intermediaries has reduced the reference rate on its BTL 5 Year+ Fixed rate products from 5% to 4.5%. This means landlords could be eligible to borrow more if they opt for the security of a longer-term product.

I am pleased to confirm that all Connect advisers now have access to MT Finance for their new regulated Bridge loans recently launched to the market and available to only a limited number of advisers.