From 2025, under the current proposals all newly rented properties will be required to have an EPC rating of C or above. Currently, properties only require an EPC rating of ‘E’ or above for us to lend at Foundation Home Loans. Existing tenancies will have until 2028 to comply with the new rule changes. [...]

Summary: What does it take to deliver a bridging deal quickly? LendInvest Underwriter Courtney Keegan walks you through a recent deal where a borrower had purchased a home at auction but needed fast funding to secure the property and fund light refurbishments to make it into her first Buy-to-Let. Find out more here. [...]

As of Tuesday 17th May 2022, Foundation Home Loans have launched a new 2-year discount rate product on their F2 range for portfolio & non-portfolio landlords with some historic credit blips. The new Discount rate product is available up to 75% LTV and comes with one free standard valuation and no ERCs - allowing [...]

What does it take to deliver a bridging deal quickly? LendInvest Underwriter Courtney Keegan walks you through a recent deal where a borrower had purchased a home at auction but needed fast funding to secure the property and fund light refurbishments to make it into her first Buy-to-Let. Find out more here. [...]

In Family Building Society’s feature with Financial Reporter, ‘Lending in retirement - what is contributing to growth in the market?’, they explore the growth in the later life lending market, what alternatives there are to equity release, and how flexibility is key. To earn your CPD points, simply read the article, answer the questions [...]

With house prices at near-record levels, Kent Reliance for Intermediaries understand many of your clients may benefit from access to low deposit mortgages with the ability to be flexible with income multiples to achieve their lending goals. It’s why we’ve designed a new range of products to support clients by providing flexibility around income [...]

Over three million Brits missed a payment during the last couple of years, and the total number of people with adverse credit is about twice that. That's a big - and growing - chunk of the adult population that isn't being served by the mainstream mortgage industry. We believe this market - about 12% [...]

Further to our recent communication confirming customers no longer need to sign a general declaration, we are pleased to confirm another step on our green journey by removing paper mortgage offers. For any new offer produced from today, Monday 16th May, solicitors will receive a copy of the customers Mortgage Offer digitally through a [...]

I am delighted to provide you the rate sheets for Reliance Bank’s NEW Mortgage Product Range, which will go live on Tuesday 17th May 2022 Please note the following changes at high level under each product range – however all end dates  will now be aligned to reflect the following;   2 year fixed [...]

Residential Core Products to be Launched: 2 Year Fixed 2.92% up to 65% LTV, £999 Fees with free Valuation up to £1m, ERCs 2% Years 1 & 2 5 Year Fixed 2.95% up to 65% LTV, £999 Fees with free Valuation up to £1m, ERCs 5/4/3/2/1% 5 Year Fixed 3.18% up to 90% LTV, [...]