TEMPORARY REMOVAL OF PORTFOLIO BUY TO LET With effect from 5.30pm on Thursday 26 May 2022, we will be temporarily removing Portfolio Buy to Lets from our product offering. We class Portfolio Buy to Let as any Buy to Let application where the applicants will own either in sole name or jointly, the sum of 4 [...]

On Thursday 26 May, following the new lending policy in April, we can now confirm that we’re increasing our LTV for self-employed applicants from 75% to 90%. Existing Santander mortgage customers moving home will continue to be able to borrow up to 95% LTV. Our affordability calculator will be updated to reflect this change so [...]

Buy to Let New Business Accord withdrew and replaced products across its BTL new business range, with rates increased by up to 0.46% across all LTVs. A minimum of £300 Cashback has been added to all Fixed Rate products that don’t include the Accord Remortgage Legal Service. This is to provide flexibility to customers [...]

There's something pretty irresistible about interest-free credit. Over the last year or two, the buy now, pay later (BNPL) market for online shopping has exploded. Unfortunately, that's meant compromised credit scores and people who are now finding it hard to get mortgages from the high-street lenders. The good news is that we have solutions. [...]

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. Our lender updates include Landbay reveals new brand with launch of next generation broker portal Barclays: paperless mortgage offers email communications Foundation: Three ways you can help your [...]

Precise Mortgages updated buy to let mortgage range includes 5-year fixed rates starting from 3.29% with fixed, £0 and % product fee options. The range also includes options with refunded valuation (maximum £630) and £500 cashback, which could be ideal for landlord customers looking to remortgage. 2-year fixed rates from 2.79% NEW! 5-year fixed [...]

As you’re a valued partner, we’re giving you and your brokers advance notice that we are launching a new buy-to-let 7-year fixed rate for standard products on Friday 20th May.  We will write again on Friday to confirm all the details. Also, on the same day all our existing 2 and 5 year fixed [...]

Here at the Mansfield, we assess each application on its merits, which means we can make common sense lending decisions. In this case study we helped a limited company with two shareholders purchase a property over a term that extended into retirement when there was an historic credit blip. The property was a 4 [...]

Family Building Society have a range of JMSO arrangements designed to enable family members to help support each other, by using up to four incomes for affordability. Supporting family members have the added benefit that they will not be liable for stamp duty on a second home. JMSO can be used by parents to [...]

3.75% Shared Ownership Fixed Rate Mortgage until 28/04/2027 3.75% Initial Pay Rate until 28/04/2027 Followed by the Society's Standard Variable Rate for the remaining term currently 4.79% The overall cost for comparison is 4.5% APRC^ 3.75% Shared Ownership Fixed Rate Mortgage until 28/04/2027 – Free Valuation – No application or product fees – 95% [...]