ALL LENDER UPDATES

What’s changing? There’s no longer a maximum age across our range of Standard Capital & Interest and Standard Interest Only mortgages. Previously, the limits were set at 85 and 80 years, respectively. We’ve increased the maximum mortgage term: From 30 to 40 years on Standard Interest Only From 35 to 40 years on Standard Capital & Interest Reminder… Standard and Retirement Interest Only (RIO) mortgages: For sole […]

Landbay are offering Connect and few select packagers access to a range of Large HMO & MUFB products that offer a 60bps discount on our current range available to the wider market. These products are available for HMOs and MUFBs from 7 bed/unit up to 12 bed/unit. In addition, we have recently loosened criteria with

Suffolk BS know that when it comes to rates and ICR stress tests* right now, things are tighter than a container ship squeezing through the Suez Canal. So we’re unfurling some reductions on some of our BTL range, making purchases and remortgages a breeze. We’ve also extended the end dates on the 2-year buy to let

Introducing Bridge Fusion, MFS’ innovative product that merges the advantages of bridging and buy-to-let finance. This 2-year tracker loan provides enhanced flexibility to navigate market uncertainties. Loan Details: Loan Amount: £100k to £20m Maximum LTV: Up to 75% Term: 2 years (12-month extension possible) Property types: Residential, semi/commercial Suitable for individuals, companies, trusts, and offshore entities Product

On Wednesday 19 June we will be making a number of changes to our product range. Products being withdrawn at 5pm on Wednesday 19th June: Self Build Semi Exclusive 75% DR1358 Self Build Semi Exclusive 80% DR1359 To secure any of the products being withdrawn, we require a full mortgage application to be submitted, with all fees

LendInvest Mortgages continues to expand its Residential range for complex customers who may not be able to get a mortgage elsewhere. Built around broker feedback, the expanding Residential Range gives remortgaging homeowners who have complex income, are key workers, qualified professionals or have a history of adverse credit more options. 65% LTV Rates from 5.59%

Over the past few years, we have seen a growing trend of consumers and businesses becoming more sustainably minded. As people start carrying this mindset into all aspects of their lives, it makes sense that they are considering sustainability when purchasing a home. But how can brokers help customers improve the energy efficiency of their

Foundation Home Loans are pleased to announce that as of today Thursday 13th June 2024, they have launched “HMO PLUS”. A new set of HMO products from Solutions by Foundation, for HMOs up to 6 occupants, which are slightly more complex than normal so require a commercial valuation. e.g. properties with multiple kitchens. NEW PRODUCTS

Just a quick summary of some of the positive changes we made yesterday…could you please distribute to your Network and internal teams. BTL Top slicing/Income top-up – Available to all UK residents purchasing a BTL property (excluding HMOs/MUFBs) where at least one applicant has a minimum income of £32,000 BTL Top Slicing/Income top-up Calculator – https://gatehousebank.com/intermediaries/calculators/btl-affordability Where Top-slicing is required, a minimum

Foundation’s latest case studies: Complex Mixed-Use Property Refinance Claudia, a property pro, had a mixed-use building with various leaseholds. We helped her simplify by merging them into one freehold title, allowing her to refinance the entire property. At Solutions by Foundation, our mixed-use products can handle complex situations. Read the full case study here.