ALL LENDER UPDATES

We have reduced rates across our Semi Commercial range, with some rates reducing by 0.40bp. Don’t forget that you should be using the Select Club product guide attached when quoting deals. It offers significant rate reductions and different product types that other brokers simply cannot access, so please do use it. Remember you get discounts on the […]

Please see attached updated pricing for our semi-exclusive AVM 55% LTV range you have access to.    

We’re delighted to announce that our new, improved affordability calculator is now live on the intermediary website. We’ve taken the time to enhance its functionality and can confirm the calculator now offers the following: The ability to run affordability across all our residential products (the 50+, the RIO and the Professional). An improved back-end functionality,

New and improved range of semi-commercial products Lower rates and reduced minimum loan Our new and improved range of semi-commercial products now includes 65% LTV options with rates from 7.19% and reduced minimum loan of £200,000. NEW Semi-commercial Rates now from 7.19% Product arrangement fees from 2% No maximum loan or property value £200,000 minimum

Foundation Home Loans have released new rates across their entire Residential range. Unchanged: Special Fee Assisted fixed rates – including 6.44% 5-Year Fixed rate with £795 product fee, 1 free standard valuation and no app fee. Residential by Foundation: F1 2- and 5- Year Fixed rates now starting from 6.04% with a £995 fee F1

Criteria enhancements – with immediate effect Five new foreign currencies accepted including Saudi Riyal and Australian Dollar.   Plus… flats up to seven storeys and the acceptance of non-court ordered maintenance. What’s new in full? NEW currencies  Saudi Riyal Australian Dollar New Zealand Dollar Swedish Krona Danish Krone. We’re now accepting these for resi, expat resi,

As of Thursday 15th February, Foundation Home Loans have improved affordability for shorter term buy-to-let products by lowering their notional stress rate from ‘the higher of 8% or pay rate+2%’ to ‘the higher of 6% or pay rate+2%’ (Fixed rates of 5 or more years continue to be calculated at the pay rate). Foundation Home Loans now

With our latest products and criteria, there’s a whole lot to love. Let’s see what you can couple your client up with… For first-time buyers Is their first home love at first sight? We’ve made it easy to secure the property they’ve set their eyes on. We can accept gifted deposits and have cashback options

Reliance Bank Ltd are excited to announce the launch of our NEW Shared Ownership Mortgage Product Range to both the Intermediary market and Direct Channel with rate reductions across the board. Product  Name Term LTV % Fee or No Fee Old Rate (Jan 2024) New Rate (Feb 2024) Amount of Reduction £ Cash back Shared Ownership

On Tuesday 13th February at 5:30pm we will be withdrawing our core range 2 year fixed rate residential products. Our 2 year fixed Specials and all 5 year fixed products will continue to be available.  Any DIPs on the current products will need to be submitted by 5.30pm on Tuesday 13th February which will secure