ALL LENDER UPDATES

Focus on Lendinvest’s BTL proposition

Today sees the launch of an exciting new range of Limited Edition 5 Year Remortgage Only deals, with rates reduced by up to 25 bps!

Shawbrook Bank pride themselves on understanding and meeting the needs of the Bridging market so they’ve reduced rates across their Commercial Heavy Refurbishment range by 0.30%. Rates now start from 0.60% per month.

The return of 80% lending!

Recognise Bank join Connect’s Commercial Lender panel

The Mortgage Lender has an updated BTL Product Guide out and it’s available to look at!

The hot topic this week is Interest Only. The Family Building Society offer a range of Standard Interest Only Products as well as RIO mortgages. If you have any case enquiries or questions, do not hesitate to get in touch.

The Mortgage Lender’s new range of fixed-fee BTL products can stretch to a whopping £3m, with a fixed completion fee of just £2,495, so they’re fantastic value for larger loans.

New Bridging finance range with expanded criteria Precise Mortgages have expanded the criteria across their bridging range! With maximum LTV increased to 75%, AVMs now available on standard bridging up to 60% LTV, and no maximum loan size. For bridging finance, they‘re on the case. View bridging finance products here. New Maximum LTV now 75%

West One have confirmed some product changes within their BTL range. Their new product range reflecting this change will be available for selection on their broker portal from this date.