Hodge will now accept 30 weeks occupancy as a rental yield projection for its holiday let mortgages. It previously allowed calculated rental income using an average of projected low, medium and high season weekly rental yield based on 26 weeks occupancy but has now increased this by four weeks to 30. The bank has done […]
Kent Reliance for Intermediaries, part of the specialist lender OSB Group, has completely refreshed its entire buy-to-let range with rate reductions of up to 70bps, no maximum loan limits on selected products and new £0 product fee options available for purchases and remortgages. The range is designed to suit any property type, making it easier […]
Barclays Mortgages has announced the launch of the Barclays Green Home Buy-to-Let Mortgage, available to existing and would be landlords from Friday 21 January 2022. The Barclays Green Home Buy-to-Let Mortgage will reward customers looking to buy to let – who choose to buy an energy efficient new build home – with lower interest rates […]
HPD Lendscape, a global leader in secured finance technology, today announced the launch of Lendscape Asset Finance, a new solution designed to help banks and lenders boost productivity by streamlining everyday administrative tasks. Cloud native and digital-ready, Lendscape’s features include an intuitive UI, asset-level accounting, and the ability to manage all leases and loans on […]
Time Finance are delighted to announce that they have introduced a new secured lending product to support the growth and investment plans of British businesses throughout 2022 and beyond. In response to an increased demand for finance from UK SMEs as they enter the New Year and put investment at the top of their agenda, […]
Pepper Money has made several improvements to its buy-to-let criteria, including reducing minimum income requirements to £15,000 for existing landlords, and lifting some restrictions around limited companies. The specialist lender has also introduced additional changes to make its buy-to-let proposition accessible to a broader group of customers. These include allowing gifted deposits, reducing the required […]
Zephyr Homeloans, the specialist buy-to-let (BTL) lender owned by Computershare, has reduced rates across its mortgage product range. The lender said it is offering 2.84% on its most popular product – a five-year, fixed rate, standard buy-to-let mortgage at 75% LTV – for properties with a D or E rated energy performance certificate (EPC). It […]
InterBay, part of the specialist lender OSB Group, has made a robust start to the year by cutting rates and raising LTVs to help investors make the most of new commercial opportunities in 2022. The lender has cut rates by up to 0.50% across all of its semi-commercial and commercial ranges, giving investors the option […]
Fiduciam, the institutionally funded short-term lender to housebuilders and entrepreneurs, is targeting a major expansion in Scotland for 2022. A new Scottish team has been established with a nationwide lending appetite and an ambitious target to achieve £55m of lending in 2022. Fiduciam is simultaneously launching new, lower interest rates. Rates from its new product […]
Monneo, a virtual IBAN and corporate account provider has added a new European bank partner to its banking network, meaning it can now offer multi currency IBAN accounts to customers. The updated service allows merchants to receive international payments in more currencies, whilst still retaining the ability to securely store all funds in one centralized […]
