The products are part of Foundation’s F1 range for borrowers who just miss out on mainstream credit scores.
Sigma, the UK private rental sector, residential development and urban regeneration specialist, announced the joint venture with EQT Real Estate at the end of September 2020.
PMS Mortgage Club and Sesame Network have appointed West One Loans to their panels, as part of its move to widen its distribution.
Shawbrook Bank has bought The Mortgage Lender (TML) - the specialist intermediary mortgage lender launched by Trevor Pothecary in 2015.
LendInvest has secured a £500m investment from J.P. Morgan in future originations, expanding its capacity to lend in the UK BTL market.
Foundation Home Loans has reduced the rate on a BTL product by 10bps.
Saffron Building Society has launched a number of products up to 90% LTV, available exclusively to brokers.
The most significant cuts have been made to Shawbrook's large houses in multiple occupation (HMO) proposition, with rates starting from 4.34%.
The shariah-compliant challenger bank withdrew the range at the end of March 2020 due to COVID-19 and the slowing of the property market.
This follows the government’s announcement of an extension to the ban on the enforcement of most repossessions in the rental housing market in England.