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Important Product & Criteria Changes
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See our exciting product and criteria changes below which take effect from Monday 18 January:
- A new 75% LTV limited edition £500k max loan ( max property value £750k) product being added to our Standard W1 range – priced at 3.44% with a 2% fee
- Reduced pricing on W1 (Specialist HMO/MUFB) range by 10 basis points – rates now start from 3.54% with 1.5% fee
- 80% LTV Products added to our W1 Standard Range – Max loan size £250k ( 80% product only available for purchases) Product fee can be added to the loan. Rates start from 4.04% with 1.5% fee.
- Re-enter Short Term Let and Expat Markets – these will initially be distributed on a Semi Exclusive basis through some key packager partners ( contact us for details)
- Current limited edition product range ( 65% & 70%) being removed
Criteria Change
- New Build loans will be restricted to a maximum 65% LTV from Monday 18/1/21
Pipeline Cases
- Products being withdrawn will be unavailable for new case submissions from the close of business Friday 15th January.
- Cases keyed on the portal prior to this will be honoured where required on the current product range, subject to a completed application form and the £150 app fee being received by Wednesday 27th January.
Download Standard Rate Cards Download Specialist Rate Cards
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