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Hope Capital refreshes flip loan offer; Aspen adds semi-commercial deal " round-up
21+ hour, 50+ min ago (624+ words) The short-term lender said the change would support borrowers from acquisition through to refurbishment under one lending relationship and access to the same underwriter." The product combines bridging and refurbishment by linking both stages into one structured facility." Borrowers can…...
Vida cuts rates and widens range
1+ week, 4+ day ago (146+ words) The lender has added fee-saver and cashback options to its range and introduced an 85% loan-to-value (LTV) tier for residential lending." This includes its two-year fixed fee-saver products, priced at 6. 42% at 75% LTV with "500 cashback, 7. 92% at 90% LTV with "1, 250 cashback and 7. 78% at 95% LTV,…...
Moda Mortgages boosts BTL range; Nottingham BS makes criteria changes " round-up
1+ week, 4+ day ago (190+ words) The range also features two- and five-year fixed products that are suitable for house in multiple occupation (HMO) and multi-unit freehold block (MUFB) properties with up to six bedrooms or units, with rates from 3. 49%. All products are available to individual…...
Foundation launches limited-edition BTL deals
1+ week, 5+ day ago (230+ words) Within its F1 range " designed for landlord borrowers with an almost clean credit history " Foundation has launched two- and five-year fixed rate products at rates of 5. 59% and 5. 99% respectively, and both products come with a flat fee of "3, 995. For more specialist property…...
Fleet Mortgages" Barwick and Williams promoted to sales manager roles
2+ week, 2+ hour ago (235+ words) The lender said the two promotions reflected Fleet Mortgages" continued investment in broker support and sales leadership, while recognising the experience and contribution both have already made within the business. Barwick and Williams, who will report to Steve Cox (pictured),…...
Vernon BS hires Sabbaghe as BDM
2+ week, 4+ day ago (292+ words) Sabbaghe brings 20 years of financial services experience, having started as a mortgage adviser and then spent over 15 years in the intermediary mortgage space, most recently at Coventry Building Society. Brendan Crowshaw, head of mortgage and savings distribution at Vernon Building…...
Know your BDM: Vincent Ricks, Norton Broker Services
2+ week, 5+ day ago (690+ words) I work as one of the BDMs at Norton Finance, working with brokers across my patch and supporting them with specialist lending cases. My role is really about building relationships with advisers and broker firms, helping them place complex deals…...
UTB enhances criteria across residential and second charge deals
3+ week, 3+ day ago (277+ words) The firm's changes apply to its residential mortgage and second charge loan offerings and are intended to speed up the time from application to offer. As the first of the changes, the lender will now progress second charge applications to…...
Hodge Bank ups holiday let LTV to 80% in criteria refresh
3+ week, 4+ day ago (210+ words) This include increasing the maximum loan-to-value (LTV) limit from 75% to 80% and the maximum loan size from "1. 5m to "2m." Hodge Bank has also removed the restriction of the six-bedroom limit for properties." The lender said staycations had become more popular and landlords…...
Foundation relaunches BTL and residential products
3+ week, 4+ day ago (361+ words) The lender temporarily withdrew products earlier this week due to uncertainty in the market, but said conditions had since settled." The lender has changed fees on its five-year fixed rates, including a reduction for standard HMO products." Foundation said this…...