ALL LENDER UPDATES

Leeds Building Society Enhances its affordability Assessment Putting Homeownership within Reach of More People

Leeds Building Society enhances its affordability assessment to put homeownership within reach of more people The UK’s fifth largest building society is making improvements in the way it assesses how much borrowers can afford to repay in an effort to increase home ownership. The Society will reduce affordability stress testing rates by up to 1.24%[1]

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Affordability, Interest Only and Age

Intermediaries tell us of three common barriers to accessing finance for the over 50s: Affordability, Interest Only, and Age. But we do things differently at LiveMore, let’s start with… No Minimum Income No Loan to Income (LTI) cap for like for like mortgages Common to see income multiples of 7.5x Self Employed 1 year’s accounts, 1 year’s trading,

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Residential Rate Cuts Including Foreign National Products

Nottingham Building Society is reducing interest rates on residential products for new lending by up to 0.20%. Reducing fixed rates for residential new lending, including our foreign national and returning expat range Extending end-dates on fixed rate products to 31 October Withdrawing one residential discounted variable rate product (MD020E) with no re-pricing at this time Click on the buttons

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Fleet Mortgages | New Lending Criteria for Limited Company Borrowers

With a growing number of landlords opting for Limited Company structures to manage and expand their property portfolios, we’re pleased to announce that we have revised our policy on lending to Special Purpose Vehicles (SPVs). Additionally, we have made improvements to our lending criteria for Limited Company borrowers. More complex group structures We can now

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Central Trust Self-employed Applicants Who have a Ltd Company

At Central Trust, flexibility isn’t just a feature—it’s a promise. We’re committed to helping brokers place more of those “hard-to-place” cases by offering criteria others can’t match. Here’s what sets us apart: Flexible criteria: Self-employed applicants who have a Ltd company – We take salary + applicant’s share of net profit for income calculations (often higher than the dividends they draw) Benefit-only applications Missed secured

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Together 40 Years of Bridging Expertise

We funded our first bridging loan in 1985. Now we regularly fund 650 every month with the same common-sense approach, speed and certainty as the first*. *Monthly average 1st May 24-30th April 25. Includes regulated and unregulated bridging loans. Why do brokers and customers choose us? From first charge, cross-charge, second charge and refurbishment, we

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WestOne Simplifying Complex Deals

At West One, we understand that Buy-to-Let cases aren’t always straightforward. But that doesn’t mean they need to be difficult. With our experience, flexible lending criteria and case-by-case underwriting, we’re experts at bringing clarity to complexity. Our approach ensures brokers can navigate challenging deals with ease, speed, and confidence. When it comes to Buy-to-Let, we simplify

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Mercantile Trust Have a Client Looking for a Business Loan?

Do you have clients who:  Need funding for business purposes?  Own their own residential property? If so — we can help! We offer 2nd Charge Homeowner Business Loans, ideal for raising capital for:  Property purchase  Equipment or machinery Business growth Product Highlights: Available as: 2nd Charge BTL Term Loan 2nd Charge Homeowner Bridge Loan Loan

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