Hodge is making some significant enhancements to its Professional Mortgage criteria, including broadening the occupations it will lend to, including mortgage brokers, IFAs and investment bankers. It will lend to both established professionals and younger professionals by changing its maximum age criteria to 75 at the point of application and to 80 at the end […]
Cynergy Bank announces the launch of its updated Business Current Account, which offers interest on every penny deposited. Cynergy Bank’s updated Business Current Account has been tailored to offer businesses solutions that they seek – including a market-leading interest rate of 1.50% AER variable* paid on deposits up to and including £25,000, and 0.25% AER […]
InterBay, part of the leading specialist lender OSB Group, has relaunched its full product range with reduced rates and new products to help their intermediary brokers with commercial and semi-commercial options for their clients. Whilst the Core range includes reduced rates across both commercial and semi-commercial products, the Select range, which brokers can access via […]
NatWest has today launched an Energy Help and Support tool to help UK businesses reduce their energy usage, cut their carbon emissions and potentially save money on their energy bills this winter. Research from the bank has found that 45% of small businesses say rising energy prices will be a significant challenge in 2024. NatWest’s […]
Suros Capital, the luxury asset backed short term lender, has announced that it will now lend to companies in addition to its existing service to individuals. Limited companies in England and Wales will now be able to borrow against luxury assets belonging to the business in exactly the same way as individuals currently do. Suitable […]
Hodge has kicked off 2024 by reducing rates across its entire mortgage range and retention products are also following suit. The specialist lender is reducing all 50+ rates by 0.70%, all RIO 2-year fixed rates by 0.70% and all RIO 5-year fixed rates by an average of 0.40%. All Professional Mortgage rates are being reduced […]
Precise Mortgages, part of leading specialist lender OSB Group, has increased the number of product transfer options, providing greater choice and more flexibility. The addition of products with fees to complement the range of fee free products will provide more options and support brokers and their customers looking to manage their immediate monthly costs, which […]
Luxury asset lender, Suros Capital is offering brokers 3% commission on loans secured against luxury assets until Christmas. The new deal marks a 2% increase on the current baseline commission and cases received before Christmas Day that go on to complete are eligible for the new fee. Ed Blackmore, business development director of sales at […]
Zephyr Homeloans, the specialist buy-to-let (BTL) mortgage provider, has announced a new two-year fixed-rate mortgage as well as a 100 bps reduction across its fixed-rate mortgage product range. The lender said that it is offering 5.35% on a two-year fixed-rate buy-to-let mortgage at 65% loan-to-value (LTV) for standard properties with an A to C-rated energy […]
Shawbrook has increased the rate on its Easy Access Business savings account (Issue 10), topping the tables with a rate of 3.66% AER/Gross. With rates as competitive as this, businesses, now more than ever, have the opportunity to make the most of their money. Adam Thrower, head of savings at Shawbrook, said: “Many SMEs have turned […]
