https://www.youtube.com/embed/8pVHQfcn6xE   Hi everyone, happy Friday! Half year protection results It’s been another super busy week again and it was amazing to see some of the half year results come out. June was our best month of the year so far for protection business so let’s keep it going as we start to look [...]

We are increasing our loan-to-income (LTI) threshold cap from £60,000 to £70,000. From July 7 we will only allow LTI of five times for household incomes of £70,000 and above. All household incomes below £70,000 will be capped at 4.49 times. This change will impact new business and new applications for additional loans. Pipeline cases [...]

Please be advised, we’re making some important changes to our Buy to Let (BTL) lending policy that are applicable to any application created within our systems from today, Tuesday 29th June. As a reminder, we consider your client’s individual circumstances in our affordability assessment. The benefit of this is that clients can use their personal disposable [...]

We no longer accept residential or Buy to Let applications where your client’s mortgage deposit funds originate from the below countries/jurisdictions (this includes gifted deposit applications).

What goes into updating a lender's criteria? Director of Underwriting at LendInvest, Gene Clohessy, explains the methods behind their most recent Buy-to-Let updates and how they used broker feedback to improve their offer. Read more

From Friday 9 July 2021, we are making some changes to our requirements for affordability and when verifying income for contractors on an employed basis. Where a customer’s income comes from a contract and they are not employed on a permanent basis they are classed as a contractor. This will include individuals who are self-employed [...]

I am pleased to confirm that today we have made a couple of significant enhancements to our Lending Policy and Underwriting Processes, which I hope will make both the advisor and customer experiences more straightforward when submitting business with Kensington, and signify yet another step closer to everything returning to something resembling normal. First of [...]

Meet Charlotte Harrison our new Head of Mortgage Products. Charlotte’s worked in financial services for 15 years and now specialises in mortgages. She’s ACCA qualified and has been with Skipton Building Society for over six years. What will you be doing in your new role as Head of Mortgage Products? I’m looking forward to working [...]

New BTL products from us, more BTL clients for you. ‘More’ just may be our favourite word and we’ve just added four more competitive, straightforward mortgage products to our buy-to-let range along with reduced rates and fees across our BTL range, making our products more competitive, for every kind of landlord. Highlighted Criteria £50k minimum [...]