As a valued broker we are getting in touch to ensure you are kept up to date with our current criteria.

As I am sure you are aware we are offering 75% on residential properties across England and Wales.

In addition we are now raising LTVs from 65% to 70% on commercial & semi-commercial properties aswell!

As part of our commitment to responsible lending, we’re introducing a Self-Employed Supplementary Form for applications from self-employed customers. This is to help us understand what impact the Covid-19 restrictions have had on their business. It will also help us to understand any changes they have made to their business model.

As you are aware, the impact of the pandemic on the market was widely felt across the lending landscape, leading some to withdraw from the market altogether, and others to tighten their belts. We were pleased to fall into the latter category, only making temporary adjustments to ensure we could continue to support our brokers as much as possible throughout this challenging time.

Mark Stephenson our Castle Trust BDM is back with new products.

Foundation has come back to the market with its 80%LTV product for both individual and limited company applications.

Daily product update can be found here…

The newsletter includes features on how to submit applications to them for success, and outlines some of the terms they have issued this month.

Habito has reduced rates across both its individual and company product ranges.

I am writing to advise you of some further positive changes to our BTL criteria, effective from Monday 3rd August.