ALL LENDER UPDATES

Foundation Home Loans – Fee Assisted Products For Standard HMOS – Plus Refreshed F1 – F2 Core BTL Products

As of Thursday 29th February, Foundation Home Loans have launched new Fee Assisted products for standard HMOS, and new rates across selected BTL F1 and F2 products. Buy to Let by Foundation: New F2 Standard HMO fee assisted 2 and 5 year fixed rates up to 75% LTV with a 1.25% fee, one free standard valuation

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YBS Improve their ICR Stress Rate

This is the year you’ll see significant changes from us, all rooted in the feedback from our brokers. We’ll be investing in our teams, giving you even more dedicated, experienced support. You’ll see huge improvements to our processes, new products and much needed criteria changes, all designed to make us the lender you need us

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Gen H Streamlines Affordability for Income Booster Mortgages

This change further strengthens Gen H’s income booster proposition, making it simpler than ever for brokers to find suitable products for clients in the fast-growing Joint Borrower, Sole Proprietor (JBSP) market  LONDON, UK, 27 February 2024 – After a record January for income booster business volume and enquiries, fintech mortgage lender Gen H has streamlined

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Fleet Mortgages – We are Repricing our 5- and 7-Year Fixed Rate Products

Fleet Mortgages are repricing our 5-year and 7-year fixed rate products as below: 5-year fixed Standard and Ltd Company products to increase by 20bps 70% HMO 5-year fixed to increase by 20bps All 75% 5- & 7-year HMO products to increase by 26bps Our 2-year fixed rate products and tracker products remain unchanged To secure

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Exclusives – Working in Tandem with the Packager community

We have some fantastic exclusive news. Our brand new, simple, quick, and efficient affordability calculator is on our website.  Its located here AFFORDABILITY CALCULATOR we haven’t made a formal announcement yet, but I wanted to share this exciting new with the Packager community first Also, I am delighted to let you know about: Please find attached brand new case

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Molo Introducing Expat BTL + New v6.5 Rates

We are pleased to introduce Expat products to the International Buy-to-Let program. Expat products are available to UK Nationals (with acceptable British passports) living overseas in an acceptable country. Available for purchases and remortgages of properties in England or Wales up to 80%LTV. See ‘at-a-glance’ below to see key differences between our International products.      

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