We are delighted to report that gross lending this year is on target to exceed last year’s record level of lending, and to build on this continued success we have made a significant number of changes to existing policy to further strengthen our lending proposition. New Improved Lending Criteria Up to 4 incomes/4 applicants [...]

Come to Kensington with your self-employed, contractor or freelance clients. No restrictions on professions Multiple income streams considered Affordability based on latest year’s accounts Simple processes, fast decisions, and mortgages that work for them. Job done. Click here for more information. For more information, call us on 0800 111 020 or visit Kensingtonmortgages.co.uk/make-it-happen [...]

We have launched deals specifically for new Virgin Money BTL portfolio landlords. Clients with four or more mortgaged rental properties (including the new application) will need to select a product from this new range. We will confirm details of these new deals shortly. The current BTL product range will still be available for existing [...]

Great news! We're reducing some of our mortgage rates. We’ve reduced some of our fixed rate new business mortgage rates, which is great news for your clients who are remortgaging or buying a property. Rate reductions - remortgage and purchase Term Rate  Fee  LTV 2 year fixed 1.59% £0 60% 5 year fixed 1.74% £0 [...]

Nine directors of the same company secured a £1million funding package for their business - through second charge loans secured against their homes. The bosses at The Food Group needed £750,000 to clear an existing bridging loan and another £250,000 to invest back into their business, a supplier to the catering industry based in the West Midlands. [...]

We've helped thousands of landlords develop their property portfolio since we launched our range of limited company buy to let mortgages in early 2016. Up to four directors / shareholders allowed; No limit on the number of director dependant shareholders under the age of 21; Up to 20 buy to let loans with a combined [...]

Vida Homeloans have launched a new semi-exclusive Buy to Let through impact packaging: 3.29% 5 YEAR FIXED BUY TO LET Up to 75% LTV £3,495 Product Fee Available for loans from £200,000 to £500,000 Any limited company, trading or SPV No income verification on BTL unless topping up Portfolio Landlords up to £4m/20 properties with [...]

Welcome to this week's Mortgage Update. Please take the time to read through the update as there may be some information that is important to you. Included in this week's update: Fleet Mortgages cut rates across LTD and HMO products; The Tipton & Coseley enhance lending criteria; Virgin Money withdraw products. [...]