The system helps intermediaries meet PRA underwriting standards for landlords with large-scale property portfolios by allowing them to easily import landlord data easily from multiple spreadsheets.
Members of Legal & General Mortgage Club will now be able to access a range of Central Trust’s second charge offerings.
The quote process ensures add-ons are only applied to customer policies where suitable and is in addition to its recently updated online quote pack, providing brokers with IDD compliance support.
Are the days of ‘hidden surprises’ truly behind us? For the sake and credibility of our industry, I sincerely hope so!
We need the full support of lenders and in some instances they need to develop their technology to keep pace.
Additionally, the society has reduced the minimum buy-to-let age on application from 25 to 21 years.
The lender, which launched this year, is based in Mayfair in London.
From today, Paradigm member firms will be able to access Secure Trust Bank’s range of mortgage products which are designed for cases where high-street lending isn’t the answer.
Richard Adams from Stonebridge Group won The Lifetime Achievement Award.
Rates will now range from 0.49% to 0.59% per month across residential bridging ranges, including its 80% LTV and heavy refurb products.