Semi-Exclusive Life Happens Mortgage Proposition
At Nottingham Building Society, we understand that life happens. Unexpected events can lead to financial difficulty, and a challenging moment in a customer’s past shouldn’t prevent them from owning a home today. That’s why we created our ‘Life Happens’ mortgage proposition. It’s designed specifically for customers who may have experienced financial hardship due to a […]
New Enhancements – Commercial & Semi Commercial
I’m pleased to share some exciting updates to our commercial and semi-commercial lending criteria at InterBay. Following valuable feedback from brokers, we’ve introduced a range of enhancements aimed at providing greater flexibility and helping you place more cases with confidence. Here’s an overview of what’s new: Up to 75% LTV on market value We now lend […]
Reduced Minimum Income Requirement
We’re pleased to announce an update to our mortgage criteria designed to broaden access and make it easier for more clients to qualify. Key Enhancements Lower minimum income for Prime We have reduced the minimum income requirement for our Prime product applications from £35,000 to £30,000 for the sole or primary applicant. This change expands […]
Selina Finance is now an NACFB Patron
It’s a step that reflects our continued commitment to supporting brokers with flexible, reliable second charge solutions. If it’s been a little while since you last placed a case with us, or you haven’t yet had the chance, it’s worth revisiting what we can help you place, especially as more clients fall outside standard lending […]
Residential Mortgage Update
Please find an update to our Residential Mortgage product range, which will go live on Thursday 19 March. Our Buy-to-Let and Second Charge Loan products remain unchanged. All pipeline applications submitted on existing products will continue to be honoured, provided an offer is issued on or before 30 June. Residential Mortgage Product Update We will […]
Improved Second Charge Pricing
Improved second charge pricing: up to 55bps reduction at UTB. This repricing strengthens UTB’s position in a competitive market and gives brokers more compelling options for clients who want to raise capital without disturbing an existing first charge. Range highlights include: Super Prime: • 2yr Fixed from 5.89% • 3yr Fixed from 5.79% • 5yr […]
Check Out Our New and Improved Loan Calculator
Maximum loan per product now available The calculator will now show the maximum loan available for each rate term (2, 3, 5, and 10‑year fixed and variable), along with each arrangement fee option. This means you can instantly see the maximum loan for every specific term and fee combination, without needing to test multiple scenarios. […]
Consider Second Charge Bridging
Unlock equity without remortgaging. A second charge bridge allows your customers to unlock equity in their property, without disturbing their existing long-term deal. It could be an ideal solution for customers on low fixed rates and is faster than a full remortgage. Second charge bridging is also suitable for: Customers seeking to fund home improvements prior […]
Fixed Rate Adjustments
We have updated our International guide with new fixed interest rates effective immediately. Non-Resident & Expat 1-year Fixed Rates increased by 0.35% Non-Resident & Expat 2-year Fixed Rates increased by 0.35% Non-Resident & Expat 5-year Fixed Rates increased by 0.25% Download the v8.0 International Guides to see the full details on new pricing. BTL Product Guide Expat BTL […]
Free Valuations. Lower Upfront Costs
Plus £99 assessment fee on all properties Upfront costs a reason for hesitation? Not anymore. You told us that upfront costs were holding your resi customers back. So, we acted. We’ve scrapped standard valuation fees on properties up to £400k and reduced the assessment fee to just £99. Available across all products. This will: Reduce […]