I hope you are keeping well and looking forward to the weekend.
Liza and I are pleased to be able to confirm that the minimum property value across our Residential and Buy to Let Mortgages have been reduced to pre-COVID-19 levels. A reminder is as follows:
- Minimum property value now £50,000, or £150,000 in London postcode districts
- HMO minimum property value now £100,000, or £250,000 in London postcode districts
I have also included a copy of the email that has been issued to our registered broker database below. As always we appreciate any help you can provide in promoting this update to your databases, please let me know if there is anything I can do to help with this.
If you have any questions regarding this Liza, Ian and Jon will be happy to help.
Thanks again for your continued support.