ALL LENDER UPDATES

At Molo, we recognise the challenges that brokers like you face in ensuring affordability for your clients in the ever-evolving property market. To address this, we’re delighted to share some exciting updates regarding our stress test recalibration. We have reduced stress rates for our 2-year fixed and tracker products across both UK resident and non-UK […]

Why should a financial hiccup stop a First Time Buyer getting a mortgage with Tandem Bank, the Greener Specialist Lender? On our T1 range we are able to consider unsatisfied Defaults and CCJ’s -1 in 24 months with 0 in 3 months. On our T1 range, Pay Day Loans are considered, a maximum of 3

MFS share some new BTL and Bridging products: On BTL we have re-launched fixed rate products, and reduced the tracker rates also On Bridging we have a new offer for a full val refund For full details: BTL Product Guide Bridging Product Guide

We’re off to a good start. The opening weeks of 2024 were friendly to the property market. January’s house price growth news from Nationwide surprised everyone, hopefully reminding us all of just how resilient our market is. House prices rose at their strongest rate in a year last month, jumping 0.7% in January. What’s more,

We recognise that the ability to complete a Product Transfer as Customer’s initial fixed rate period ends is an important feature, especially in the current economic climate. With immediate effect, all registered Introducers can now apply for a Product Transfer on behalf of their Customers for both Residential Mortgages and Second Charge Loans, through the UTB

Tandem received an application for a client who was looking to consolidate close to £50,000 of unsecured debt. The client had several debts which were being maintained, but as the debt to income ratio was over 80% and the client needed 90% LTV, this was a case which needed a lender who took the time

The Products Your Customers Need; Fast   Whoever the property investor; we’re backing them with our new high-LTV, low hassle bridging products. 85% LTV Landlord Refurbishment Bridge 85% LTV House Flip Bridge What these products offer your customers is the opportunity to increase rental yields, quickly acquire, flip and sell homes and do it free from hassle,

Applicants now considered up to 90% LTV*  We updated our foreign nationals criteria this week, making our fantastic products available to even more applicants. What’s new?  Applicants considered up to 90% LTV*  No minimum income is required  We won’t request a minimum time in the UK** Find the full details on our criteria page. Stay tuned

Friday 26th January, we’re reducing rates on Prime purchase, remortgage, retention and further advance products. Prime 90% and 95% LTV 2 Year rates reduced by up to 0.20% 80%, 85%, 90% and 95% LTV 3 Year rates reduced by up to 0.25% All 5 Year rates reduced by up to 0.15% The above changes also

We’re delighted to be introducing more changes to our products in 2024, following the introduction of our Limited Edition Buy-to-Let product earlier this month. Live from today, we’re reducing our rates across our product offering: Complex Buy-to-Let: reductions of up to 0.55%, with rates now starting from 5.69%. Digital Buy-to-Let: reductions of up to 0.5%, with