Landbay refreshes lending criteria for landlords; and more...

Written by Oliver Wade

Specialist buy-to-let lender Landbay has refreshed its product criteria, increasing its maximum loan size from £1m to £1.5m and a maximum LTV of 75%.

Aggregate loans from the lender will rise from £2m to £5m.

These criteria enhancements are in place from today, 2 October 2018, and all products are available through Landbay’s approved distributor partners, including the recent additions of Legal and General Mortgage Club, Sesame Network, and PMS Mortgage Club.

TMA Club becomes first club to offer mortgage criteria search through Knowledge Bank

TMA Club has today announced that it has entered into an agreement with Knowledge Bank, making it the first mortgage club to offer the mortgage criteria’s search system, which was designed for mortgage advisers specifically.

Knowledge Bank provides advisers with access to its sophisticated filtering system, which is able to search over 70,000 different criteria from 165 lenders.

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