The network and mortgage club’s member firms will now be able to register with LendInvest and access its full range of buy-to-let and HMO mortgage products as well as unregulated bridging loans.
The property firm had previously warned that a worst-case scenario could see 10% shaved off house prices – it has now revised this down to 7.5%.
He will sit on the board and as finance director he will also be responsible for the Society’s central functions covering mortgage processing, IT, property and change.
Chris Jeacott (left) and Jon Parry (Right) have joined the society to support its broker network in England and Wales.
Samantha Emery (left) and Bethan Jones (right) both join the lender.
Stonebridge also revealed that the number of mortgage applications processed during the month was 12% ahead of budget, while the number of purchase mortgage applications had increased by 55% between April and May.
Seddons is a top 200 law practice based in London’s West End.
A number of lenders have been forced to withdraw from the 90% LTV market due to high demand.
Properties up to 20 bedrooms/units can be considered with a maximum loan size of £1.5m up to 70% loan-to-value (LTV).
Research uncovered that 14% of homeowners are now considering cancelling their contents insurance.