Important Changes to Mortgage Products - January 2025

30 Jan 2025

From today, Thursday 30 January, we've launched a new range of Owner Occupier Interest-Only and Buy to Let products. We've also recently made changes to our lending criteria.

Our maximum LTV has now increased from 70% to 75% across all UK Landlord (including Offset), Limited Company and Expat Buy to Let products. Applications for Multi-Unit Freehold Blocks (MUFBs) will continue to be capped at 70%.

Our Limited Company Buy to Let lending criteria has been enhanced, with one additional Standard Industry Classification (SIC) code now included. As a result, we will be able to consider applications from SPVs registered under either of the following SIC codes:

  • 68100
  • 68209
  • 68320

Further details of our product changes are below:

Owner Occupier Fixed Rates

Our 2 Year Fixed Rates Interest-Only products have decreased, and our 5 Year Fixed Rate Interest-Only products (excluding our Retirement Interest-Only) have increased.

Interest-Only

Buy to Let Fixed Rates

Our range now has a maximum LTV of 75%, and our 2 Year Fixed Rate products have decreased.

Semi-exclusive products

On top of our standard range of products we have additional semi-exclusive products available via our packaging partners. For further information, speak to your local BDM.

See full details of our new product range here.

Our team of BDMs now cover the whole of England, Wales and Scotland, and are all ready to answer your queries and guide you through the application process.

Business Development Managers

Affordability Calculator

Find out how much your residential client may be able to borrow. To see affordability for a Buy to Let client, use our Buy to Let calculator

Find Your Local

Business Development Manager

Your Local BDM:

Sam Morrison

Working out of our head office, as our phone-based BDM in Epsom, Sam has a wealth of knowledge regarding our processes and criteria and covers a variety of postcodes across the UK.
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Your Local BDM:

Neil Cadwallader

Neil has over 19 years experience in Financial Services. Neil focuses around South Wales and the West of England area. Contact Neil for help with your clients' mortgages.
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Your Local BDM:

Stuart Heavens

Stuart focuses on the South Coast area. Contact Stuart for help with your clients' mortgages.
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Your Local BDM:

Amar Mashru

Amar focuses on the Central London area. Contact Amar for help with your clients' mortgages.
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Your Local BDM:

Arif Kara

Arif was previously a mortgage adviser, and focuses on North and West London. Contact Arif for help with your clients' mortgages.
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Your Local BDM:

Nathan Waller

Nathan, previously a mortgage broker, focuses on Cambridgeshire, East Sussex, Essex, Suffolk, Hertfordshire, Bedfordshire, Lincolnshire, Norfolk and Kent. Contact Nathan for help with your clients' mortgages.
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Your Local BDM:

Gina England

Gina has a vast amount of experience with both simple and complex lending solutions. If you're in the East or West Midlands, please contact Gina for help with your clients' mortgages.
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Your Local BDM:

Paul Roberts

Paul has over 30 years' experience and focuses on the North (inc. M62 corridor), Yorkshire and the North East. Contact Paul for help with your clients' mortgages.
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A new BDM will be covering your area soon. In the meantime, our experienced business support team are on hand to support you with any applications, case updates or any queries you may have.

Opening hours: Monday - Friday: 9am - 5.30pm. Saturday: Closed

We may record any telephone calls we have with you in the interest of staff training, monitoring customer service or for security purposes.

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