ALL LENDER UPDATES

Our Bridging Specialist, William Edwards, has many years’ experience in the short-term mortgage market. In our latest article, he explores the versatility of bridging finance, how these loans are increasingly being used as an alternative to traditional forms of finance and how it can help you. Read more here – https://mhbs.co.uk/intermediaries/latest-news/your-bridging-building-society/ Bridging finance? We’re your experts. […]

Following on from the launch of our new Hodge Resi product back in August, we’re pleased to share we’ve rebranded our 50+ mortgage range to Resi retire and removed the requirement for borrowers to be aged over 50 to access them. This latest change reflects our commitment to making lending more inclusive and aligned with customer aspirations

This Autumn, Lendinvest reduced the rate on our 85% LTV Refurbishment Bridging product – now just 0.98%, providing a net LTV of 74%. What does this mean for your Landlord customers? Lower cost of borrowing means cheaper financing for new purchases. Ideal for HMO investors looking to secure and convert properties quickly. Clients can secure their exit with us

Economic Update – October 2024 The Mortgage Lender teamed up with 4most Economic Consultants to provide you with a monthly economic update. The update for October is now available to download. The update covers: Inflation and interest rates Labour market Housing market Rental market Mortgage market activity Rate analysis Read the update:

Pepper Money Standardised proof of income criteria for self-employed customers and extended how long the proofs are valid for.   Thank you for your continued support. We’re delivering more enhancements today. For Directors, Sole Traders, and Partnerships, we now accept as proof of income either HMRC produced SA302s, OR Accountants’ Certificates, OR Accountant Produced Tax Calculations with corresponding Tax Year

With landlords crying out for flexibility in the current market, we’ve introduced a 1-year fixed range with rates from 4.29%. This shorter term means easy access to future rates or, thanks to a low revert rate of BBR +1.5%, an affordable longer-term product. Key features: Three different fee options (including £0) Two different LTV options

Paragon are pleased to share their latest report focussing on the PRS in the North East. northern-england-buy-to-let-market (paragonbank.co.uk)

For the first time ever we’re now offering fixed-rate Specialist mortgage products We are pleased to share that we have launched our first fixed-rate mortgage products in our Specialist mortgage range. Our latest product launch includes two 2-year fixed-rate products and two 5-year fixed-rate products, offering competitive interest rates and maximum loan-to-value (LTV) of up

West One  are delighted to introduce a number of major process enhancements reducing the number of submission requirements for residential mortgage applications. OVERVIEW OF THE CHANGES 1. REMOVAL OF THE REQUIREMENT TO PROVIDE A SIGNED APPLICATION FORM with effect from today, we will remove the requirement to submit a signed mortgage application form as part

All three parts of our Buy to Let video podcast series with Mortgage Solutions, are now available. Business Development Managers Neil Cadwallader and Stuart Heavens joined Shekina Tuahene, Commercial Editor and Deputy Editor at Mortgage Solutions, to discuss a variety of topics surrounding the Buy to Let market. Part 1: ‘The Buy to Let market is performing better than generally perceived’ Part