From Wednesday 6 April we are making a change to the loan to income (LTI) caps applied as part of our affordability calculation. For incomes >£75,000 where the loan to value (LTV) is 85-90% and the loan amount is <=£500,000 the LTI is being increased from 4.49x to 4.75x. We use an affordability calculation [...]

As of 7th April 2022, Foundation Home Loans are offering a new BTL Green ABC+ range exclusively for properties with EPC rating of A-C. The new Green products include one free valuation and come with a 1% product fee. Single products covering properties with EPCs A to C F1 5-year fixed rate at 3.49% [...]

As of 7th April 2022, Foundation Home Loans are offering a new BTL Green ABC+ range exclusively for properties with EPC rating of A-C. The new Green products include one free valuation and come with a 1% product fee. Single products covering properties with EPCs A to C F1 5-year fixed rate at 3.49% [...]

The changing face of today's older borrower and how you can help shape their future. Our research clearly shows the attitudes of over 50s are changing and perhaps unsurprisingly many hate the idea of getting older and don’t want to be told what to do when it comes to giving up work. Later life [...]

Here is our latest article on Contractors, following our recent criteria enhancements. Click here to download the new Self Employed and Contractor Guide.

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 Foundation Home Loans reprice their Buy to Let products Keystone Property Finance enhances its lending criteria Accord Mortgages introduces Cascade score Molo Finance Pricing [...]

Hello With soaring energy prices and the Government scrapping VAT on energy efficiency measures, now might be the perfect time for your clients to make energy efficient improvements on their home or rental properties. And remember, they still may be eligible to apply for our Green Together Reward for an extra £500. Applications for [...]

We wanted to let you know that we’re making some changes to the following Clydesdale Bank products at 8pm today. ·     75% - 90% LTV 2 and 5 year fixed rate Fee Offers will be increased by up to 0.09% ·     80% LTV 5 year fixed rates with £999 and £1,499 fees will be [...]

To calculate the percentage loan to value (LTV) when a product transfer (PT) is required, we use an indexed valuation figure which is updated quarterly by the Halifax Housing Price Index (HHPI). Ahead of the next changes to HHPI, expected in April, we wanted to take this opportunity to remind you that our online [...]

As the lending specialist, we are here to assist all contractors, including those with a less than perfect credit record. We have listened to your feedback and are pleased to announce a range of enhancements to our contractor criteria, to help get life moving for your clients. These changes are under embargo until Friday [...]