Atom bank, the Durham-based fintech, is reducing headline rates across its fixed rate commercial mortgage products by up to 0.75%. Atom, who last year hit £1bn in balance sheet lending to SMEs, is providing the special offer to help ease the pressure on small and medium sized businesses (SMEs) who are grappling with the highest […]
Spring Finance has relaunched its second charge mortgage offering and introduced a bespoke, interest only, buy-to-let product. In order to service an increasing number of borrowers, Spring has significantly widened its product offering with an introduction of a prestige range to complement its existing products. These new prestige products will focus on mid-prime borrowers and […]
Aldermore has today introduced a range of new products to its buy to let and residential owner occupied mortgage range, aimed at supporting borrowers with different needs. They’ve reintroduced their standard level 1 residential owner occupied range and their level 2 and 3 range that supports those with more complex borrowing needs. With 2 and […]
Hampshire Trust Bank (HTB) has enhanced its offering for landlords with the introduction a new product for clients looking at improving the Energy Performance Certificate (EPC) rating of their property via refurbishment. Combining the benefits of a light refurbishment bridging product wrapped in a term loan, Bridge EPC Refurb provides the borrower with added benefits […]
Hodge has launched a new development finance option, Stretch Senior, to provide experienced property developers with the opportunity to access additional development finances in a quick and convenient way, dealing with just one lender. The new commercial lending option will give accomplished residential and commercial property developers the opportunity to access additional leverage alongside a […]
Newable Finance, the specialist brokerage and advisory service arm of Newable, has launched EPC Finance – a range of products for landlords to refurbish properties to the required minimum ‘C’ rating, or refinance existing buy to let mortgages, ahead of new rules coming into play. By 2025, the government stipulates all newly rented properties in England […]
Committed to making buy-to-let lending better for brokers, Landbay has launched its most comprehensive and intuitive broker portal – and revealed a bold new brand. The new brand sets Landbay apart from the sector’s traditional look and feel – and the brand line, “Your lending partner” reflects the trusted relationships Landbay has with its customers […]
Pluto Finance has launched a new Streamlined Stretched Development Finance product, offering a streamlined credit, legals and due diligence process for residential and mixed-use, new build and conversion projects. With loan sizes from £5m to £15m, for experienced SME developers and housebuilders, the typical loan term will be 21 months, with margins from 5.75% depending […]
Atom bank is expanding Portal – their next generation broker gateway- to include their innovative Quick Quote tool. This addition will allow brokers offering secured business loans to self-assess and create an indicative quote within the portal before submitting an application, whereas the traditional method requires brokers to contact the business development team for a […]
Hodge has made significant changes to its commercial property products, with a new commercial investment product launched and criteria changes to its development finance product. Historically, Hodge has specialised in commercial investment and development lending but has focused more on the residential markets during the pandemic. However, Hodge are now widening their product offering again […]
