News
Specialist BTL delivers higher margins and lower risk, finds Finova
Among lenders offering specialist BTL, 22% said holiday lets delivered the highest margins, with limited company BTL and HMOs both at 20%.
Specialist Buy-to-let
News
Finova launches specialist buy-to-let platform
Delivered via Finova Lending, the solution allows banks, building societies, and specialist lenders to enter or scale into the specialist BTL market in as little as four months.
Buy-to-let Mortgages
TMW increases rates across product offering
In its new business buy-to-let (BTL) range, a number of 2- and 5-year deals between 55% loan-to-value (LTV) and 75% will see rate increases.
Featured
RAW Capital Partners appoints chief marketing officer
Peter Grange has 25 years’ experience working for financial services firms.
Buy-to-let Mortgages
Buy to Let by Foundation launches ‘pound-for-pound’ remortgage products
The new 2-year fixed-rate products were designed for those landlord borrowers who require no additional borrowing.
Buy-to-let Mortgages
YBS Commercial launches new BTL tracker and cuts rates by 0.20%
The new tracker product is available at a variable rate of 6.75% (Bank Base Rate (BBR) + 1.50%) for three years, and can be accessed on a capital-and-interest, or an interest-only basis.
Buy-to-let Mortgages
West One Loans expands credit appetite within specialist buy-to-let range
The lender’s new range, called W3, contains a 6.84% 5-year fix with a 4.99% fee and a 7.29% 5-year fix with a 2.5% fee, both up to 65% LTV.
Buy-to-let Mortgages
Foundation Home Loans launches Multiple Properties Under One Title product
Available to individuals, portfolio landlords and limited companies, Foundation is able to lend against up to four individual properties or units on one freehold title.
Buy-to-let Mortgages
YBS Commercial cuts rates by 0.15% across specialist BTL range
Effected from today, the changes include a discount of 0.15% on the commercial lender’s holiday lets and housing of multiple occupation (HMO) products.
Buy-to-let Mortgages
LendInvest Mortgages launches House Flip Bridge and Landlord Refurb Bridge products
The House Flip Bridge and Landlord Refurb Bridge are available at 85% LTV.
Featured
Provide Finance celebrates anniversary with enquiries up 60%
Provide processed £40m of applications and has seen a 50% increase in the number of brokers using the platform in the past six months.
The Interview
The Interview… Mark Whitear, director of commercial development at Foundation Home Loans
Mark Whitear, director of commercial development at Foundation Home Loans speaks to The Intermediary about how specialist lending serves the needs of non-vanilla customers, the challenges faced in a rising-rate environment and how the firm mantains strong service levels