ALL LENDER UPDATES

Aspen Bridging have had a fantastic first few months of 2024 lending over £60m so far and our completions have ranged across our core areas of heavy refurbishment, no valuation, foreign national deals and development exits. At Aspen we are keen to expand further our equity funded bridging volumes and we have decided to reduce our rates in key […]

Central Trust recently helped an applicant who was looking to borrow £99,878 to consolidate their debts. The customer had a history of missed payments on various items of credit in the last 12 months. As a specialist lender, we knew we could help this client despite their credit history. Where some lenders say ‘no’ we often say ‘yes’. We

Applicants who are more than 10 years from age 70 or their anticipated retirement age (whichever is sooner) We now require confirmation of pension provisions to be provided for these customers, therefore when submitting a case, please include one of the following documents: the latest payslip evidencing pension contributions the most recent pension statement confirmation

Aligned income assessment for Temporary Workers and Zero Hour Contractors   We’ve updated our income criteria for Zero Hours Contractors and Temporary Workers. With immediate effect, we’ll now treat Temporary Workers and Zero Hours Contractors the same, and you should key both as ‘Employed Temporary’. See our income criteria Did you know… we also: Accept income from a new

You asked and we listened! We have now reduced our rates across all our unregulated straight bridging products. I have laid these out as per below for max LTV’s, if you have any questions or enquiries you would like me to take a look at please do not hesitate to contact me- Rates RESI dev

We’re thrilled to announce our new Mid LTV rates to our Select range, providing more solutions and options for customers, so they only pay for what they need. Available across our Select range for Residential clients, with fee and no fee options, and fixed for either 2 or 5 years: 82.5% LTV 87.5% LTV 92.5% LTV View

West One have made a significant change to the cost of our re-mortgage service, by massively reducing the fee from £500 to £99! We would be very grateful if the below news can be included in any news updates you can share. Further details below. Thanking you in advance. West One introduce NEW £99 Fast

Aldermore have made changes to their residential owner occupied lending criteria to help more of your clients buy the home of their dreams. We’re excited to let you know about the changes we’ve made to our residential owner occupied mortgage criteria. We’ve listened to your valuable feedback and introduced new level 2 and 3 lending criteria to help you

We can now consider previous residential properties that were the applicants main residence provided they have been let for two or more years. Please see a summary of our Expat BTL criteria below, if you feel it may be of benefit to your advisers then it would be great if you could circulate. Our Expat

Bank 0f Ireland want to make sure that working with us is as easy as possible. That’s why there’s now another way you can contact us! For Bespoke queries your dedicated BDM and TBDM are still your first port of call. They can help you every step of the way including complex case queries, progressing cases straight