ALL LENDER UPDATES

Octane have some really exciting product news: Refurbishments loans: we can now lend up to 75% LTV NET day one + 100% of refurbishment costs. Developer exit loans: now up to 75% LTV too. And there is no increase in our rates, which start from just 0.75% per month (BBR linked). Deals we love to fund: Light decorative refurbishments. Structural works […]

Positive news from MFS! With BBR anticipated to decrease in the coming months and SWAP rates taking a gradual decline, why take a 5-year product when a 2 year will do?  That’s the question many brokers will be asking themselves.  The great news is our 2-year fixed or tracker BTL rates will enable BTL landlords

The Summer of Love for Landlords  There’s no denying it – the last few years have been a rollercoaster ride for the buy-to-let market. But things are looking up. Our recent survey found that three quarters of the landlords we spoke to were feeling optimistic, and many were looking to expand their portfolios. We reckon

Central Trust were recently able to help an applicant who was looking to borrow £22,000 to carry out home improvements on their home. As the applicant had a part time income and a history of defaults, they struggled to find a lender who was willing to help. That’s when they decided to approach us. At Central Trust,

Starting the week with an exciting update from Selina Finance! Selina are excited to announce that they are reducing our rates again. This means that Selina expects to be priced at market-leading levels in certain LTV bands for all of our products. Furthermore, our HELOC is more competitively priced vs our variable product than ever before – giving your

Kent have Lowered their Residential Rates across Income Flexibility, Core, Extra Flexibility and Shared Ownership ranges, including further advances. We’ve also reduced reversion rates to provide greater support with affordability and increased borrowing capacity for your customers. 2-year fixed now from 5.99% 5-year fixed now from 5.59% And, there’s more. Other enhancements include:  Lower LTV rates introduced for Income

Plus the return of residential limited editions.  What’s on offer:  Residential. NEW limited edition products available. 2-year and 5-year fixed, all adverse tiers up to 75% LTV with rates from 5.19%. Minimum loan amount £125,000 with a 1% fee NEW residential limited editions  Buy to let. Rates lowered by 0.25% across the range.  Rates from

Foundation Home Loans are pleased to inform you that they now accept Consumer Buy to Let (CBTL) as standard criteria across their Buy to Let and Solutions by Foundation ranges. CBTLs offer customers some of the protections that are in place for FCA regulated mortgage contracts such as being covered under the Financial Services Compensation

West One reminder of their recent enhancements to the Residential Mortgage Criteria Changes. Highlights of our new criteria include: Skilled Worker, Health & Care Workers & UK ancestry visas up to 90% LTV Increased loan sizes – now up to £2.5m by referral AVMs up to £300,000 for remortgages, unencumbered properties, and transfer of equity