Anna Lewis, commercial director at Castle Trust Bank, explores how bridging finance can provide first-time landlords with an alternative way to secure their first property.
Product switch rates have reduced by up to 0.46%.
ModaMortgages has expanded its distribution through Iress.
Higher-LTV residential rates have seen some of the largest rate cuts.
The Bank offers brokers a 0.4% net procuration fee.
The range includes a lower rate for properties rated EPC A, B or C.
The Society has also expanded its visa lending criteria for both residential and buy-to-let propositions.
New criteria includes a lower minimum age requirement of 18 years and lower minimum income.
Large HMO/MUFB products have now been added to the new product transfer range.
The specialist lender has lowered rates on its regulated and unregulated product ranges.
