ALL LENDER UPDATES

Molo have updated their International guide with new interest rates effective immediately. In addition to rate reductions from the recent BOE 0.25% rate drop we have also reduced all Non-Resident Fixed Rates by 0.30%. Please also note that we have updated our acceptable countries list. new v7.5 rates Non-Resident ⇣ fixed rate reductions BOE drop updated acceptable country […]

Electric vehicles are gaining traction, driven by government mandates like the UK’s 2035 ban on new internal combustion vehicle sales, falling battery costs, and consumer demand for sustainability. In 2024, EVs accounted for 18% of global car sales.  By 2037, while petrol and diesel vehicles may still be sold in developing regions, they will be

Mortgage solutions that seem like magic! Beverley Building Society is proud to stand out in the marketplace for offering innovative lending solutions designed for the complexities of real life. 100% lending – using parents’ property as security 95% mortgage – with a credit search, not a credit score Interest only – with no minimum income threshold; £150k minimum

The months are flying by, and our year-to-date is very strong. The first 3 months of the year saw a record number of enquiries, however, our conversions were slightly down, which was due to many factors such as government changes and worldwide political uncertainty. As the year moves on, it is predicted that business confidence

From today we’ve reduced our affordability stress rates that will enable your clients to borrow more. On average, up to £28,000 more. The stress rate reduction will help all buyer types: First time buyers, including those eligible for Helping Hand. Home movers, both new and existing customers. Clients remortgaging to us, especially those not increasing their borrowing.

Great news – our standard residential solutions now cater for borrowing up to £3m, including expat scenarios. This means that many of your clients looking for a solution between £2m and £3m can now take advantage of a lower rate, along with a lower fixed product fee for UK cases. And don’t forget, we also offer larger loan solutions for cases from £3m to

At Central Trust, we recognise that lending isn’t always straightforward — especially in emotionally complex cases like divorce. In this case, the applicants needed £74,000 — the majority to pay a divorce settlement and the rest for debt consolidation. Our client was settling any interest his ex-partner had in the property. We worked closely with both the broker and the

At Mercantile Trust, we allow up to 4 applicants per loan — making it easier for your clients to pool resources, boost affordability, and expand their property ambitions together. Whether they’re financing multiple buy-to-let properties or using bridging finance for short-term opportunities, we’re here to help you and your clients move forward with speed, clarity,

Since launching MSO, Coventry for intermediaries have been busy making improvements to its capabilities.  And from today, all new customer (residential and BTL) mortgage business should be submitted through the platform. This means brokers should no longer submit new cases using the ‘existing customer business’ system If they do, it’ll be cancelled and need to