ALL LENDER UPDATES

Fleet Mortgages making some changes to their products which will come into effect at 09:00 on Wednesday 30th November 2022. Please find a summary of the key changes below: They will be reducing the rates on our 65% and 75% Fixed Rate Products by 20bps Their Tracker Products will remain unchanged They will send you […]

This morning The Mortgage Lender launched a 2-year tracker product for the BTL market. The product currently is 1.86% above BBR (please see the product guide attached), minimum loan of 75k, a max loan of 1 million available for standard BTL with a 2% completion fee. BTL Product Guide

At 8am on Tuesday 29th November Digital Mortgages by Atom Bank will be making the following change to their mortgage products: Decreasing all two- and five-year Prime purchase and remortgage products by up to 0.30% Decreasing all two- and five-year Prime retention-only & further advance products by up to 0.30%. Near Prime rates will remain

As the home of handcrafted mortgage solutions, Kent Reliance for Intermediaries are dedicated to providing you with new ways to support your landlord clients with their long-term investment goals. 2-year discounted options at 4.69% 2-year fixed rate at 5.59% 5-year fixed options from 5.49% Key features: Up to 75% LTV Suitable for any property type

Net-busting limited edition buy to let products Lower rates to hit your affordability goals? Back of the net! Precise Mortgages have made some substitutions to their limited edition buy to let line-up. The range now includes product fees from 2%, helping your landlord customers keep their eye on the ball. New fixed rates with lower

Digital Mortgages by Atom Bank has updates for you about their improved serviceability criteria for business customers, as well as some policy updates for the healthcare sector. What are they doing? They have simplified and reduced their minimum serviceability criteria for the majority of businesses from 145% to 125%. With these changes, they are aiming

Please find attached a copy of Fleet Mortgages’ updated product guide ahead of their new products going live on Thursday 24th November 2022. If you have any questions, please feel free to get in touch with them. Fleet Product Guide V118

Precise Mortgages are withdrawing their 2 and 5-year fixed rate limited edition buy to let mortgages. Replacement products will be added to their limited edition range from 9am on Friday 25 November. To secure a product from their current limited edition range you must fully submit your applications before 8pm today (Thursday 24 November). Speak

Digital Mortgage by Atom Bank has some updates to their mortgage range, which include relaunching Prime and Near Prime products, reducing rates, moving end dates, and changing SVR. Their planned changes are set out below, and, of course, they’ll update you if they change anything else. At 8 am on Tuesday 22nd November, they will

Market Financial Solutions updated product guides, including their BTL Tracker Rate Product. USPs: 4-hour turnaround time for indicative figures (UPFRONT UNDERWRITING PROCESS = no time wasted) Multiple funding lines Foreign nationals, Expats Current adverse credit considered Roll up & defer of interest Re-bridge Holiday lets PEPs First-time buyers and landlords BTL Product Guide_Q4 2022 Bridging