Semi Exclusive for Interest Only
Please find below details of our Owner Occupier semi-exclusive mortgage products. Product Name: 2 Year Fixed Rate until 30/06/2028 Initial Interest Rate: 5.69% Followed by Managed Mortgage Rate (currently): 7.54% APRC: 7.4% Maximum Loan-to-Value (LTV): 80% Product Code: XF1242 Early Repayment Charges: 2% until 30/06/2027 1% until 30/06/2028 Product Fee: £0 Additional Information: Application Fees: £175 for purchase and remortgage, plus any applicable […]
Commercial Mortgages Just Got Bigger and Better
We’ve enhanced our Commercial and Semi-Commercial Investment products – a new, broader range of arrangement fee options to give you and your clients greater flexibility. ✓ Rates from 5.24% ✓ Product choices with 1%, 3% or 5% arrangement fees for Commercial and 2%, 3% or 5% arrangement fees for Semi Commercial, all with corresponding rates This update comes after […]
Four Key Updates to Highlight
Our marketing team shared a policy update last week, but we now have an up to date Advice+ Product Guide for you to download. I’ve linked it here for your reference, and you’ll also find the full policy update outlined below. We’ve introduced a series of policy enhancements designed to give you greater flexibility, stronger affordability and broader […]
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 […]
A Note from Us, and Relaunched Products
We chose to withdraw our full new business range so we could react quickly to the sharp market movements we’ve seen over recent days. Stepping in early ensured you continued to receive the high level of service you deserve, and we could relaunch products built to deliver real value for your clients. We know certainty […]
You asked. We delivered. Your Case Journey, Upgraded
We’ve simplified your case journey. Three upgrades, one goal: making life easier for you and your clients. Here is a reminder of what’s new, and why it matters: New maximum residential loan calculator – Giving you a quick, easy way to explore cases before placing them with us – www.mhbs.co.uk/intermediaries/max-loan-calculator/ Streamlined DIP for all – Delivering a slicker experience […]
Simplifying Mortgages for the Self-Employed
Self‑employed borrowers often face unique challenges, from fluctuating income to extra documentation and more complex affordability checks. But with the right guidance and support from brokers, the process doesn’t need to be harder. Our Head of National Accounts, Helen Cawthra, breaks down how specialist knowledge can simplify the journey for self‑employed clients in her latest […]
PBSA Refinance Completed in Aberdeen
£11.7m PBSA Refinance Purpose-built student accommodation. Designed for complexity. Built on certainty. We delivered an £11.7m refinance for a newly completed PBSA scheme in Aberdeen, supporting the borrower through a key stabilisation phase. ScenarioThe borrower was looking to refinance their existing development facility and implement a new asset management strategy, including appointing a new managing agent. […]
Improvements to our Lending Criteria
We’re pleased to announce a series of enhancements to our buy-to-let lending criteria, designed to give advisers more flexibility when placing cases and to support more landlord clients. What’s new? High rise blocks of flats: We’ve removed our height restriction on blocks of flats, opening up more opportunities for brokers to place cases on a wider […]
Debt consolidation to 90% LTV
We’ve increased the maximum LTV for debt consolidation on its Vida 36 Tier from 85% to 90% LTV. This uplift broadens options for customers looking to restructure debt while securing a more manageable monthly payment and gives brokers greater flexibility when placing cases. A few key points to note: Remortgages are permitted for any legal […]