On Friday 22 April 2022 we will re-launch our Mainstream and Buy to Let mortgage ranges for both New Business and Product Switching. Product Changes New product codes issued for all products and end dates remain end of July. Products and rates may change or be withdrawn at short notice subject to demand.   [...]

Are your clients trying to arrange finance on a dream home that’s a little unusual? With our complex mortgage solutions for atypical properties we can help you crack the case. Here’s just some of the cases we have lent on: Country retreats with a paddock, stables, grounds, woodland, or holiday cottages Conversion of two [...]

We hope you’ve enjoyed your Easter break. This is just a reminder to let you know we’ve expanded our Payday loans product range to the whole of the market to provide further support to a growing number of complex credit customers. We’ll now accept applications from clients who have recently taken a payday loan, [...]

This information is strictly embargoed until 21st April at 2pm . Effective 21st April we are reintroducing more no fee products for New Business customers, across purchase, remortgage and buy to let deals. This is in addition to rate decreases of up to 23bps. New Business New Products Purchase: 4 no fee products covering [...]

The removal of mortgage interest tax relief has had a significant effect on the buy to let market since its phased reduction was announced in 2017. With landlords no longer able to deduct mortgage interest from their rental income, it's never been more important for you to understand the tax implications that impact your [...]

CHL Mortgages further expands its product suite and criteria by launching a new product range for large Houses in Multiple Occupation (HMO) and Multi-Unit Freehold Blocks (MUFB), designed to cater for properties with 7 to 10 bedroom/units, so moving the lender further into the complex multi-unit/tenanted buy-to-let market. This move follows the recent launch [...]

I wanted to share with you a flyer that details some of our latest enhancements to our affordability criteria on our residential range. In the flyer are also two case studies, demonstrating how our new criteria can help borrowers with more complex incomes and provide more opportunity of homeownership for your clients. Download Affordability [...]

What Foundation is good at: Residential mortgages for borrowers with complex income, employment or credit history Buy-to-let mortgages for landlords, portfolios and limited companies Specialist property types including HMOs and multi-unit blocks Visit the Foundation website Foundation Home Loans for specialist residential Not every case is straightforward, or ordinary. Some clients have circumstances that [...]

Buy to Let Range Refresh We are refreshing our full BTL Range on Friday 22nd April with all BTL products being withdrawn from 6.00pm on Thursday 21st April. Transition arrangements Products must be selected with all mandatory docs uploaded, fees paid, and case progressed to ‘Application Received’ stage, by 6.00pm on Thursday 21st April. [...]

Limited Company Buy to Let We were delighted to bring our Limited Company Buy to Let mortgage back to the market earlier this year and in doing so, anticipated the needs of the growing number of landlords whose portfolios are structured via a special purpose vehicle (SPV). Our competitive five-year fixed rate product protects borrowers from surprises in [...]