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% [...]

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% [...]