News
BM Solutions streamlines landlord borrowing with combined application process
Brokers no longer need to complete separate submissions when arranging a new deal and additional borrowing for existing landlord clients.
Further Advances
Buy-to-let Mortgages
Paragon expands 80% LTV buy-to-let range to product switches and further advances
Rates start at 6.24% for a 5-year fixed-rate for single self-contained properties, houses in multiple occupation (HMOs) and multi-unit blocks (MUBs).
News
Paragon Bank reduces rates on switch and further advance products
The 2-year fixed rate switch products now start at 4.59% with a 3% fee, going up to 6.09% with no fee.
Building Societies
Dudley Building Society reduces rates on retention and further advance mortgage productsÂ
The update includes rate reductions of up to 0.40% on existing retention products, the introduction of new discounted rate products, and an expansion of its interest-only options.
Residential Mortgages
Halifax launches streamlined combined product transfer and further advance process
Halifax has introduced a streamlined process for brokers managing combined product transfers and further advance applications, offering instant decisioning and simplified workflows.
Buy-to-let Mortgages
Keystone Property Finance introduces new option for landlords seeking additional funding
Keystone Property Finance now allows further advances with product transfers, offering landlords a streamlined process to access additional capital without the need for a full remortgage.
Building Societies
Coventry for intermediaries to pay proc fees on further advances
Payments will be made at brokers’ usual new business rate through their nominated payment route.
Building Societies
Furness Building Society launches new green mortgage products
The products are available to homeowners and landlords specifically seeking to improve the energy performance of their property.
Featured
Bank of Ireland for Intermediaries enhances product transfers and further advances
The increase in its procuration fee comes after significant investment in Bank of Ireland’s intermediary online platform.
Buy-to-let Mortgages
TMW widens choice for landlords with introduction of new limited company further advance
From Wednesday 13 April TMW will also be introducing a limited company version of its Green Further Advance.
Buy-to-let Mortgages
Paragon launches new switch and further advance products
Paragon has launched a range of switch and further advance products for portfolio and non-portfolio landlords.