Welcome to this week’s Protection Update.
Please take the time to read through the update as there may be some information that is important to you.
- Metro Bank launch 2 & 3 year 90% LTV residential fixed rates;
- Ipswich announce 90% residential and 80% holiday let products;
- Lendinvest introduce changes to Buy-to-Let proposition;
- L&G invite you to their next virtual new build forum.
Weekly Mortgage Update – 19th February 2021
Welcome to this week's Protection 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: Metro Bank launch [...]
TSB: Changes to buy to let and rate switch products
TSB is making changes to a selection of Buy to Let and Rate Switch products. Buy to Let rates reduced: 2 year fixed House Purchase and Remortgage, 0-75% LTV products with £1,995 and £995 [...]
The Right Loan: Do you have clients looking for their next refurbishment project?
Do you have clients looking for their next refurbishment project? The Right Loan can help buyers purchase their next investment property, and raise further funds to cover up to 100% of the costs of refurbishing the [...]
Foundation Home Loans: Supporting brokers with generous loan amounts
Supporting brokers with generous loan amounts on Foundation’s specialist market leading BTL 5-yr fix Because we calculate the maximum loan amount using pay rate on a 5-year fixed rate product, our specialist market leading [...]
Ipswich Building Society: Announce 90% resi and 80% holiday let
Rate reduction on 90% LTV products. Were back with fixed rates for Holiday Lets! We have reduced rates on our 2-year 90% LTV residential mortgages, and are launching a brand new, 5-year fixed rate. [...]
Aldermore: We’ve now launched smarter online switching
It's now quicker and easier to product switch existing owner occupied and individual buy to let clients through our residential broker portal. Switching online speeds things up and gives access to the great rates [...]
Vida Homeloans: Buy to let rate cuts
We have cut rates by up to 0.50% on our Vida 1 BTL products. 2 year rates 2.99% at 70% LTV and 3.14% at 75% LTV 5 year rates 3.39% at 70% LTV and [...]
Metro Bank: New 2 & 3 year 90% LTV residential fixed rates
We’ve been listening to your feedback and added 2 & 3 year fixed rate mortgages to our 90% LTV residential range. We have also increased the maximum loan amount to £675k and much much [...]
Kensington: Share a wide range of product updates
We're very excited to share a wide range of product updates with you that are all now available on the broker portal and your sourcing system of choice. Residential products We have increased the [...]
Precise Mortgages: HMO rates from 2.89%
Did you know we've reduced rates and fees across our buy to let range which includes products specifically designed for HMO landlords? Accepting up to six bedrooms and multi-units, see if our buy to let criteria could be [...]
Legal and General: Your invite to our next Virtual L&G New Build Forum
We would like to invite you to our next Virtual New Build Forum on Thursday 11th March, 10.00 - 11.30am Previously these events have been to a small invited audience but as part of our Club [...]
LendInvest: Introduce changes to Buy-to-Let proposition
This month LendInvest introduced a series of changes to their Buy-to-Let proposition. The changes opened up their products to more property professionals with expanded criteria. In particular, they have created more opportunities for landlords [...]
Zephyr: Here for your High-Rise cases
Have no fear, Zephyr is here! With no heigh restrictions on blocks of flats, think of us when a high-rise case comes in. With our broad criteria and competitive products, plus our knowledgeable BDMs [...]