Latest Goings On at ModaMortgages
Want to keep up to date with the latest goings on at ModaMortgages? Take a look at what we’ve be talking about recently. Every buy to let case starts with affordability. At ModaMortgages, we’ve stripped things back to the essentials, with clear criteria designed to help you quickly understand what your client can borrow. Take […]
Update Check In
Want to keep up to date with the latest goings on at CHL Mortgages for Intermediaries? Take a look at what we’ve be talking about recently. Bridging range now available. More specialist solutions. Same personal touch. We’ve launched our new bridging proposition offering fast, short-term finance solutions designed to support a variety of regulated and […]
Do you have clients who are mortgage ready, but not deposit ready?
o you have clients who can afford a mortgage, but haven’t been able to save a deposit? Clients that are paying rent every month, but struggling to save alongside rising living costs? What about with strong incomes and solid credit profiles, but no deposit saved? We can help bridge the gap between affordability and owning […]
Higher ladder? Lower it. How well do you know our first-time buyer range??
For many first-time buyers, getting onto the property ladder can feel out of reach. That’s why we’ve developed a range of innovative solutions designed to help more clients become homeowners. Whether they’re short on deposit, need a little more borrowing power, or are concerned about the costs that come with moving home, our range of […]
We’re reintroducing fixed-fee and zero-fee HMO/MUFB options
We’re pleased to share that we are reintroducing fixed-fee and zero-fee Five-Year Fixed Rate options across our HMO/MUFB buy-to-let range, giving landlord borrower greater flexibility, with fee options designed to help them find the right balance between upfront costs and rate. Please see further details below: Reintroduction of fixed-fee and zero-fee HMO/MUFB options Fixed £1,499 […]
Credit Criteria Updates
We are implementing the credit criteria changes detailed in the attached. In addition, please note the following updates to our Loan to Income (LTI) and adverse credit criteria. Please ensure the relevant criteria and guidance are updated accordingly. Loan to Income (LTI) Standard applications: Maximum 4.49x income, unless: Sole applications: Where income is £50,000 or […]