ALL LENDER UPDATES

CHL Mortgages Considers Properties Next to Commercial Premises?

Did you know? We know securing a mortgage for a property next to or above commercial premises isn’t always straightforward. That’s why we consider applications with positive valuer comments (food outlets/entertainment considered by referral). Maximum 6 bedrooms Minimum value £250,000 within M25 (£150,000 elsewhere) Maximum 75% LTV Freehold and leasehold Full details, see our Criteria […]

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Aldermore Multi Property Campaign

Aldermore are running a campaign on BTL Multi Property Applications to support existing landlords when looking to re mortgage their portfolios. The issues facing the brokers was high LTV and a shortfall in rental which would reduce borrowing capacity and options on individual properties. By choosing the multi property application, they’ll be able to combine

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Boost Your Earnings with Vida Homeloans, Higher Procuration Fees!

Great news! Vida Homeloans have increased their procuration fees  when you submit cases through Connect Case Management – meaning more income for you with less admin hassle! Buy-to-Let Cases: 0.85% gross when using Connect Case Management 0.6% gross when you submit yourself 0.55% gross  when you submit yourself and select L&G as the payment route That’s an extra £250 – £300 gross per £100,000 borrowed

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Molo | Reduce BTL Rates Again

We’re pleased to share that we’ve lowered our BTL rates for UK residents once again, helping you secure even better deals for your clients. In today’s unpredictable mortgage market, we’re committed to supporting brokers like you, which is why rates have been reduced by 12bps, effective immediately. Key highlights: New rates effective from Tuesday, 18th February 2025 Two-year fixed rates now start at 3.13% for individual and

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Live, Work, Thrive – Mortgages for Mixed Use Properties!

Live, work, thrive – mortgages for Mixed Use properties!   Beverley Building Society specialises in mortgages that consider the unique features associated with mixed-use properties. Here’s a snapshot of our offering… Home & business use – eg. small shops, cafés, tea rooms, hairdressers, kennels,  catteries, etc. Up to 75% LTV Occupancy split: maximum 60% commercial – minimum

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