We’re always listening to adviser feedback and looking for ways to better support them and their landlord clients. That’s why we’re pleased to announce another key enhancement to our lending criteria, along with a summary of other improvements we’ve introduced this year, all designed to make it easier for advisers to do business with us.
Minimum applicant age now 21
We’ve reduced our minimum age requirement for first-time landlords to 21, establishing a consistent minimum age of 21 for all applicants.
Plus, these are some of the other improvements we’ve made this year:
We removed our restricted Limited Company conveyancer panel
Advisers can now select from our wider conveyancer panel of over 1,200 approved firms for their clients’ limited company applications – giving them and their clients greater choice, increased flexibility, and added convenience throughout the process. Full details are available on our website
We updated our lending criteria for Limited Company borrowers
We can now accommodate more complex group structures as well as support more layered ownership models and corporate configurations. Visit our website for examples of the types of structures we accept.
We launched £1000 cashback on our HMO/MUFB fixed rate range
Our HMO/MUFB fixed rate range is competitively-priced and is available with £1,000 cashback, helping landlords ease the financial burden.
Updated Renters’ Rights Guide for advisers
Now that the government has confirmed the key implementation dates for the Renters’ Rights Act, we’ve updated our guide to include a timeline of the major changes. This is essential reading for advisers who want to help their landlord clients stay compliant and prepared for what’s ahead. Download now>>