5 Reasons Why You Should Advise on Adverse Credit
With the rise in demand for specialist lenders across the UK, now is an excellent opportunity for brokers like you to diversify your offerings to your clients. It’s important to take the time to understand your client’s unique circumstances to find a flexible solution that tailors to their needs. The benefits of advising on adverse. […]
Witnesses, Proof of Variable Pay and Re-Submitting Apps
Mortgage Deed Witness Requirements The witness must be fully known to the applicant(s) and must be a permanent UK resident at the time of witnessing the signatures. For the signing of the Mortgage Deed (England & Wales), the witness must NOT be a relative of the applicant(s), reside in the security address or be involved […]
Important Updates
We’ve launched a new range of Owner Occupier and Buy to Let fixed rate products. Most of our product rates have been reduced, and we have also reintroduced our lower LTV price tiers across the Owner Occupier product set. Owner Occupier Fixed Rates Repayment *Additional security required. Minimum LTV 80% ^No change Interest-Only Buy to […]
Large Loans >£750k
I wanted to make you aware of an internal process change we’re introducing for large loan cases. For any cases where: An individual loan exceeds £750k (BTL or Residential), or Aggregate lending exceeds £2.5m You can now discuss these cases pre‑submission directly with our Technical Underwriting Team . How the Technical Underwriting Team will support you Discuss potential scenarios Review DIPs in order to […]
Decreasing Residential & BTL Mortgage Rates
We’ll be making a number of reductions to our residential and BTL mortgage rates. Please note, if an application is no longer proceeding, you can use the ‘Cancel’ button on your broker dashboard to cancel the case. Click here to view the upcoming changes. Current Service Levels Did you know our Service Levels are updated daily on the broker website? Before […]
FREE, Mental Health First Aider (MHFA) Training
Space still available to MIMHC Signatories for our MHFA Training course in Hampshire 21st-22nd April. As Connect is a Mortgage Industry Mental Health Charter Signatory, you are being offered FREE places on these courses for any members of your team who would benefit from becoming a Mental Health First Aider. We currently have spaces still available for […]
Supporting More Social Housing Schemes
As the demand for social housing continues to rise, more private landlords are choosing to collaborate with Local Authorities to provide essential accommodation across a diverse range of community needs. To support this growing sector, we’re enhancing our lending criteria and introducing a more streamlined legal process, which means we can support your clients with reliable and straightforward […]
Reduced Rates Across Our Near Prime Range
At 8am on Wednesday, 15th April, we will be making changes across our Near Prime range: Near Prime — Purchase & Remortgage All Near Prime rates reducing by 0.20% All Prime rates will remain unchanged. If you wish to secure a product with the current rates, a full mortgage application must be submitted before the […]
Renter’s Rights Act Webinar
Landbay are hosting a Renter’s Rights Act webinar with surveyor Carrie Kus, and we would love for you to join and/or pass on to any brokers or colleagues you feel might want to join! The Renters’ Rights Act presents the biggest changes to the private rented sector we’ve seen in decades and brokers need clarity. Join Carrie Kus, […]
HS Credit Update
As we move through into the second quarter, I wanted to share a brief update highlighting a selection of transactions HS Credit (HSC) has completed recently. These deals reflect the breadth of scenarios we’re currently seeing and I hope will be helpful in giving you a guide for where HSC can support you and your […]