ALL LENDER UPDATES

Finanze Capital Update

Increased Proc Fee  We are pleased to have negotiated an increased procuration fee from Finanze Capital for their bridging products please see commission table on our website for more details Enhanced proc fee Kevin Thomson Sales Director

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ATOM Bank Commercial

We are delighted to announce that Connect are back on the ATOM Bank panel for  their Commercial product proposition including the Government Guarantee Scheme (GGS). As you are aware they have and continue to restrict the number of brokers that  have access to them so really pleased that Connect now have access. Full details of their product offering

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Central Trust Product Changes

We have made some changes to our products,  which are effective on all new business immediately. Time in employment Removed the need for 3 months minimum employment history – there is now no minimum. First Charge Mortgages – waivers We have removed the requirement for occupancy waivers where the LTV is less than 50% on first charge mortgages.

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Family BS Update

FBS are updating products with a couple of reductions on some of the semi exclusive products! Please see below a high level overview of the changes we have implemented and please find your Semi Exclusive Product sheets attached. Owner Occupier Repayment Family Mortgage increased by 15bps All other product rates held  Owner Occupier Interest Only

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Vitality “Our industry needs to challenge the status quo”

Against a backdrop of changing consumer needs and wider trends impacting our world, genuine product innovation is what’s needed to move the protection industry forward, writes Justin Taurog, VitalityLife Managing Director. In recent years, the protection landscape has fundamentally shifted. The pandemic followed by an economic crisis have presented both challenges and opportunities for our industry. A

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Kensington Product Update

Good news! New Special products are now live We’ve released two new Special rates for our Residential Select 75% LTV range: 2 years fixed, 5.79%, £999 fee 2 years fixed, 6.09%, no fee, free val, with a choice of free legals or £250 cashback for remo products. We’ve also released three new Shared Ownership Special

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Vida Criteria wrap-up: Self-Employed

Sole Trader, LLP or Partnership We  will require one of the following: Latest 2 years SA302s/Tax Calculations and supporting Tax Year Overview or Accountant’s Certificate covering last 2 years income from a qualified accountant or 2 years accounts certified by a qualified accountant. Limited Company Director  We will require one of the following: Accountant’s Certificate

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