Great news - we’ve reduced rates on a number of products and we’ve introduced some new products too. Rate Reductions The following rates have reduced, live now: Product Old Rate New Rate 2 Year fixed to 75% LTV (£1M+) 1.84% 1.64% 2 Year fixed to 80% LTV (£1M+) 1.99% 1.69% 5 Year fixed to 75% [...]

The Helping Hand mortgage from Vida Homeloans has been designed to allow parents to join their child on the mortgage (and to have their income taken into account as part of Vida’s affordability assessment) without being on the title deeds and jointly owning the property. This type of mortgage is known as Joint Borrower Sole [...]

Leek United has increased its mortgage lending limit from 85% LTV and above. The change sees a £100k rise – from £300,000 to £400,000 – on the Society’s 95% Loan To Value (LTV) mortgages, with immediate effect. Current Leek United mortgages 1111 and 1127 – both 95% LTV products – now benefit from a revised [...]

On 25 June, Virgin Money made key enhancements and changes to their proposition: BTL Portfolio Landlord applications now accepted. Free valuations and a choice of free legal work or cashback for BTL remortgages. Maximum term on BTL increased to 35 years (previously 25). 95% LTV for residential remortgages. Improvements to Interest Only policy, including the [...]

Millennials get a bad rap. They’re self-obsessed selfie-lovers. They eat too much avocado. They think man-buns are cool. There’s an endless number of stereotypes levelled at 20-36 year-olds, yet if there’s one that that does ring true it’s that a large number of them are struggling to get onto the property ladder. They do love a good avocado [...]

As part of their Fresh Criteria, Pepper Money has enhanced its criteria for self-employed borrowers. To assess affordability of self-employed applicants, Pepper Money will now use the latest year’s figures rather than an average of the last two. This move will benefit business owners, entrepreneurs and sole traders who have seen their income increase in [...]

We’ve increased the maximum loan amount and LTVs for residential non-new build flats and made some changes to the way you and your clients pay fees. Residential non-new build flats Maximum LTV Loan amount What's changed? 95% Up to and including £380,000 Previously the maximum loan amount was up to and including £350,000: 90% Over [...]

Precise are delighted to confirm their maximum LTV has increased to 75% for Regulated and Non-regulated Light Refurbishment and Standard Bridging Finance. We’re sure you’ll agree this is great news and will allow us to help even more customers. To help complement this change please find an updated product and criteria guide here. [...]

We are pleased to announce the release of the eighth edition of Kent Reliance’s Buy to Let Britain report. This is a detailed analysis of the key trends in the private rented sector (PRS) and the Buy to Let mortgage market. The report examines how PRS growth has slowed following government intervention and economic uncertainty, how returns [...]