Specialist lender Together has introduced a raft of changes to its buy-to-let products – including introducing its lowest ever rate – to help landlords looking to buy or refinance. Rates on its first charge BTL range have been lowered from 4.99% to 4.49% – the lender’s lowest ever – while maximum remortgage and second charge […]
LendInvest, the UK’s leading asset manager for property finance, has launched a 10 year fixed rate product to provide certainty and stability to borrowers as it refreshes BTL product suite. The lender’s ten year fixed standard rates start at 3.29%, with its EPiC range rates starting from 3.19%. This product launch follows LendInvest’s launch of […]
Pulse Cashflow Finance have announced the addition of trade finance to their portfolio of funding solutions. The extension to their offering is designed to further support UK businesses who rely on purchasing finished goods from overseas or UK suppliers. Clients benefitting from Pulse Cashflows trade finance solution will be able to confidently purchase finished goods […]
Aldermore has today launched a new Ground Rents Finance proposition, aimed at experienced owners or operators of freehold ground rent portfolios and assets. The new product offers an alternative solution to property owners, allowing them to release value from their real estate while still controlling the asset. Ground Rents Finance is suitable for businesses that […]
Ultimate Finance is today announcing an increase to its maximum Structured Finance deal size to £10m as well as simplifying lending criteria following the successful launch of its multi-asset lending proposition two years ago. This streamlined funding is secured against assets such as receivables, plant and machinery, and property, with additional cashflow finance, and has […]
A new Development Exit & Refurbishment product, with up to 80% LTV for experienced developers with clean credit, is one of several key changes to Aspen Bridging’s new 2022 rates and product card. The 80% LTV offering is priced at 0.79% pm flat rate and from 0.39% on the lender’s stepped rate for loans between […]
Following the success of its award-winning Faster Processing solution, UTP Merchant Services, one of the UK’s largest providers of physical and online payment solutions, is launching a free service to help protect its customers from potential fraud and chargebacks. Building on feedback from merchants, the UTP Shield is a software algorithm that detects potentially fraudulent […]
Roma Finance, the lender less ordinary, has cut rates and enhanced criteria across the product range. The product ranges have been simplified. Rates for standard residential bridging and auction have been reduced and now start from 0.59% per month with no exit fee on loans from £75k to £3m and a maximum LTV of 75%. […]
Committed to assisting SMEs in obtaining finance for future growth, Allica Bank has revamped its commercial mortgage products to help improve access to finance. The changes include reducing interest rates and increasing the maximum Loan-To-Value (LTV). The bank has also increased procuration fees for its broker community. The product portfolio was updated in response to […]
Mercantile Trust, the specialist buy-to-let, bridging and commercial lender, has made a raft of significant improvements across its buy-to-let proposition. First of all, significant enhancements have been made to their lending criteria: Top slicing now available using surplus rental income from the portfolio No minimum income First time landlord, first time buyers with no requirement […]
