ALL LENDER UPDATES

Paragon | Older Tenants Privately Renting Surge as Younger Demographics Decline

Tenants on the run-up to retirement age are the fastest growing group privately renting in England, Paragon Bank analysis has revealed. The number of households headed by a person aged between 55 and 64 grew by 66% between 2014 and 2024 to 492,000, Paragon’s analysis of Government data found. Those aged 65+ were the second […]

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Kensington Criteria Spotlight

For all your cases, we don’t credit score or charge upfront application fees, and our lending decisions are made by underwriters. New build • Loans available up to 90% LTV • Shared Ownership available • Max loan £1.5m up to 85% LTV, £1m up to 90% LTV • eKo £500 Reward mortgage – for properties with an energy efficiency

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New West One Residential Tiers: Making borrowing ‘a piece of cake’ for self-employed borrowers

West One is glad to update you on our BIG changes to our residential range, which include product enhancements to support self-employed residential borrowers. West One now accepts self-employed borrowers with just 1 year of trading history. Making these borrowers eligible for products offering LTV’s up to 85%, providing self-employed borrowers with greater access to our products. Our

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Shawbrook | Offering 75% LTV on Retail Units

We’ve seen a 102% year-on-year increase in the proportion of lending allocated specifically to commercial property purchases from 2023 to 2024. his growth aligns with property investors increasingly diversifying their portfolios to enhance yields. We’ve seen semi-commercial applications rise from 13% in 2023 to 24% in 2024, underlining that shift towards higher-yielding asset classes. To

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Newcastle Have Increased Product Transfer Proc Fee to 0.3%

We’re committed to building strong, lasting partnerships with our broker partners. The increase of our proc fee to 0.3% for all product transfers reflects our appreciation for the hard work and expertise that you offer in supporting clients through maturity. Combined with our new website and mortgage platform, this recent change is another step in our

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Foundation HL | Delivering EPC Requirements & Driving Sustainable Practices

In a bid to improve energy efficiency and reduce fuel poverty for millions of people, the government recently announced that it will shortly consult on proposals for private and social rented homes to achieve Energy Performance Certificate C or equivalent by 2030.  Currently, private rented homes can be rented out if they meet Energy Performance

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Foundation Home Loans Announce a New BTL Limited Edition Range

Foundation Home Loans are excited to announce a new product across their Buy to Let Limited Edition range. Effective on Tuesday, December 3rd, they have introduced a new Buy to Let Limited Edition product. The new product provides your landlords with options that address a variety of needs and circumstances. Buy to Let Products: New F1 Limited Edition 5

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