ALL LENDER UPDATES

Central Trust | 35% of cases complete in under 2 weeks

Do you think quick completions are a thing of the past? Think again. At Central Trust, 35% of our cases are completed in under 2 weeks. In some cases, we’ve completed them in just a few days! So, what makes this possible? Smarter technologies, combined with our effort to reduce cycle times, have streamlined the process significantly. Here’s some of these […]

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Foundation Home Loans – Flexibility for your Multi-Unit Freehold Block cases

The Problem? A landlord owns a Multi-Unit Freehold Block (MUFB) consisting of five individual flats with shared utilities. Many lenders are hesitant to finance properties with this configuration, making it challenging for the landlord to secure suitable funding. The solution We offer support for this type of MUFB property. Our approach involves valuing the property

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Shawbrook | Specialist lender Set to Boost Support for UK Developers

Shawbrook has extended a multi-million-pound facility increase for development finance lender Magnet Capital. This enhancement will significantly expand Magnet Capital’s reach and support its growth plans. Since our partnership began in 2018, Shawbrook has increased Magnet Capital’s Revolving Credit Facility from £5 million to £25 million. During this time, the business has redeemed over £60

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NETWORK UPDATE | Connect exclusive: April Mortgages Joins Our Lender Panel

We’re excited to announce that April Mortgages is now officially live on the Connect panel – and this is an exclusive launch available only through a select number of networks, including Connect. April brings a fresh, flexible approach to lending, designed for today’s borrowers and built around how real advisers work. 5 – 15 year fixed

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Important Barclays Product News

we are reducing rates on a selection of products in our Purchase range.  We are also launching two new Green Home products, bringing our total offering of Green Home products to eight.  Please see the rate overview guide for information of all our product changes. Key Purchase product highlights: 4.11% 2 Yr Fixed  £899 product fee, 60%

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MFS | A Silver Lining To What’s Going on in the Market – Less Competition

Heightened tax costs, tougher legislation, and now a global trade war. There doesn’t seem to be much upside in the property and investment worlds at the moment. But there is a silver lining here for expanding buyers and landlords – less competition. According to Hamptons, the number of overseas buyers house hunting in the UK

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NETWORK UPDATE | Commercial Specialist & Expert Category Changes

We are reclassifying the Commercial Expert designation as Commercial Specialist. Please note, there are no changes to the current benefits for ARs who have consistently demonstrated the quality of their commercial business. ARs who qualify will continue to deal directly with lenders where a direct-to-lender distribution route is available. I can also confirm that commission calculations remain unchanged. Becoming a Commercial

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