The Mortgage Lender has announced it has launched a new residential product aimed at supporting the self employed and borrowers with complex incomes. KSP's: A new product that is catered for those with complex incomes or those who are self-employed TML use share of profit before tax plus salary for affordability Tml consider using [...]
We wanted to let you know that we’re making some changes to the following mortgages at 8pm from Monday 29th November 2021. Exclusives 75% LTV 5 Year Fixed Rate with £995 fee will be increased to 1.67%. BTL 65% LTV 2 Year Fixed Rate with £895 fee will be increased to 1.55%. Core 65% [...]
Speak to our experts on 1 December Has a specialist finance case got you scratching your head? Talk to the experts. On Wednesday 1 December between 10am and 11am, you’ll be able to speak directly to Precise Mortgages and InterBay Commercial’s Head of Specialist Finance, Emily Machin and Precise Mortgages’ Head of Bridging, Richard [...]
A little bit about us MPowered is a mortgage lending platform offering own-brand mortgages as MPowered Mortgages. We have a vision to transform the way mortgages are originated in the UK, working alongside advisers to enable them to do more business.We strongly believe in the importance of professional advice in the mortgage industry and emphasise [...]
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. Included in this week’s update: Foundation launches professional residential mortgages Paragon introduces new 5 year fixed rates from 3.05% SBI introduces its UPS And so much more [...]
NEW PROFESSIONALS MORTGAGE FROM FOUNDATION HOME LOANS On Thursday 25th November, Foundation Home Loans is launching a new specific range of owner-occupied mortgage products with enhanced Loan-to-Income limits specifically for Professionals. Joint applications are permitted up to a maximum of two applicants, one of which must be the Professional, qualified in and currently practising [...]
As Molo Finance continues growing in the BTL space, we’re always looking at ways to enhance our criteria and digital process to support our Broker partners. With that in mind, we are pleased to announce that Molo Finance has entered the Portfolio Buy-to-Let space and from 25th November we will be able to offer [...]
This week’s Tech Tips focus on Special Purpose Vehicles. An SPV is a great way to leverage expansion on a portfolio. A lot of lenders insist on the SPV being up and running for a minimum time. Not us. We think setting up an SPV is a savvy tactical mood, so we’ll lend to [...]
We are pleased to confirm some exciting product changes within our BTL range that take effect from Wednesday 24th November 2021. The revised product range will be available for selection on our broker portal from this date. We recently enhanced our BTL offering with the addition of some GREEN products to our range and [...]
SBI UK is specialist BTL Lender, providing a range of funding solutions for your clients. Our local BDMs and Case Managers strive to provide the best possible journey from beginning to end. We can provide solutions for Specialist BTL whether under the SPV or an Individual banner. We will lend on Buy to Let for [...]
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