Please see below as there has been some great news following feedback from yourselves over our stance on flats with immediate effect. A few queries have been raised recently with regard to flats and which floors we would lend on with or without a lift – Unacceptable properties Flat in a block with more than [...]

Buy to Let Lending - we've made a move    We have listened to broker feedback and made adjustments to our BTL affordability calculator. If your customer has a good level of existing income or low level of leverage or high level of interest coverage ratio, why not try out the new calculator. Click the [...]

Yesterday we completed our quarterly LIBOR review. Please accept this email as confirmation that for this review LIBOR reduced to 0.29% For audit purposes all of our buy to let and residential product guides have been updated to reflect the review that took place.  I can confirm this is the only change that has been [...]

Don’t be restricted by traditional fixed rate terms! Shawbrook has extended its fixed rate offering for the Summer Stampede. As well as the usual 3-year, 4-year and 5-year fixed terms there are now:   ✔ 7-year fixed rate option ✔ 10-year fixed rate option   Pricing of the fixed term range has also seen a [...]

NEW LIMITED EDITION 5 YEAR FIXED RATES 3.65% 5 YEAR FIXED ​0.50% fee 75% LTV single self contained units 3.75% 5 YEAR FIXED ​0.50% fee 75% LTV HMO / MUBs ALL PRODUCTS Download our product guide to view our full range of products available. Buy-to-let product guide ANY QUESTIONS? Your Regional [...]

Did you know that according to the latest results from BDRC Continental's Landlord Panel survey, the average gross rental income earned in the last 12 months is £65,000 which is the highest level recorded in the last 3 years? Each quarter BDRC Continental carry out their Landlord Panel survey, where they ask landlords to select [...]

Mortgage Products Update Second Home Products With effect from Wednesday, 14th June, Leeds Building Society is launching the following products. Please can they be added to your systems.   Key Criteria Summary   Products available for those purchasing a second residential property which will not be let out on an AST basis. Customers are assessed [...]

In this month's newsletter, we're sharing how your clients can benefit from a Help to Buy: ISA. We're also highlighting our packaging requirements guide which aims to make it easier to do business with Nationwide. Also, discover our top tip on adding product fees to loans, and view our latest service levels and improvements. A shared [...]

Two weeks ago we informed you of some exciting enhancements to our Residential and Buy to Let affordability polices. Please see below for full details. Your feedback has suggested these changes have been well received and now we are pleased to announce a further enhancement, based on your feedback, which will allow us to help [...]

For intermediary use only LIVE NOW: New residential remortgage specials, BTL purchase special and rate reductions. 2 year fixed to 90% LTV (>£500k) - Remortgage Special with a rate of 2.39% 5 year fixed to 90% LTV (>£500k) - Remortgage Special with a rate of 2.89% BTL 2 year fixed to 75% LTV (fee offer) [...]