ALL LENDER UPDATES

INCREASED TERMS AND IMPROVED LENDING AMOUNT   Virgin Money  mortgages have made some big moves today. First up, we’ve increased the max term for all our residential mortgages to 40 years. That’s not all, though. We’ve also improved the amount we could lend, by updating our affordability assessment for residential mortgages fixed for 5 years or longer. It […]

MFS has updated their rates; all you need to know is in the updated lending guides. Bridging Lending Guide BTL Lending Guide   

We’ve cut rates on a number of our buy-to-let and Residential products by up to 0.30% to help more of your customers to get life moving. Almost all of our BTL and Residential rates have been reduced! View Products BTL – Limited Editions BTL 2 year fixed, 65% LTV, Vida 36, 2% fee – now 6.35% BTL 2

  Providing more options for you and your clients If you’re in need of a semi-commercial solution then the following will be of interest to you. With plenty of experience in semi-commercial cases and close relationships with specialist lenders, we’re often given access to semi-exclusive products. As an example, as an InterBay Select partner, we’re

Did you know that 19% of residential landlords are considering diversifying into commercial property development, and a further 35%, who already own commercial assets, are planning to invest in more in the future? Our recent research unveils that commercial properties are an attractive asset for investors. So, whether your clients are established commercial investors, or

It’s the most wonderful time of the year to enjoy new rate drops! Our rates have lowered across all: • 2-year fixed by 0.20% • 3-year fixed by 0.20% • 5-year fixed with a fee by 0.25% • 5-year £0 fee products by 0.30% Want to see our full product range? Check out our product page

Young Entrepreneurs to Invest With Bridging For younger people looking to invest in the property market, can bridging loans prove a viable route to establishing a property portfolio? Whether a ‘side-hustle’, or looking for financial freedom, there has been a shift of younger buyers looking to invest in property utilising bridging due to speed of

Merry Christmas from Hodge, We come bearing a gift to our intermediary partners!  I am delighted to share with you some great news.  Hodge will be increasing the Proc fee for Product Transfers across our full product range from Monday 18th December from 0.25% to 0.30% To clarify, any PT application received from Monday 18th December will be renumerated

To help simplify both our residential and buy to let applications, we have made the following positive changes to our policy and packaging requirements: Policy enhancements  Self-employed: Introduction of Accountants Certificate for cases under £1 million Minimum time trading reduced to 2 years (2 years figures needed) Employed: No minimum time required in current role (1 payslip

As of  Tuesday 12th December 2023 we have refreshed selected products in our BTL range. Changes in the BTL range include: F1 Limited Edition 2 Year Fixed product reduced by up to 0.10% with a £1,495 fee, with a rate of 6.49% F1 Limited Edition 7 Year Fixed product reduced by up to 0.15% with a