more2life has announced the expansion of its range of high LTV products, which will include the tailored enhanced and maxi choice offerings. For the former, which is designed to provide eligible clients with expanded access to some of the highest LTVs available in the market. The product dispenses with complicated paperwork and instead requires the clients to answer thirteen medical and lifestyle questions, which once processed, eligible clients could gain access to enhanced LTVs up to 54%. The maxi choice range will also be rolled out and is aimed at older borrowers across the UK.

CLSQ has launched an estate rent charge policy to smooth the conveyancing process for properties on developments where there is an estate rent charge created after the rent changes act 1977. The policy protects a lender against any financial loss it suffers, following the registration of a rent charge lease at the property in a situation where the borrower has not paid the rent change, defaulted on their mortgage and the lender has taken possession. It offers protection where there is a shortfall on the mortgage since the registration of the lease has devalued the property. The estate rent charge policy can be used as an alternative to seeking a deed of variation to waive the rights of remedy under the act.

Buckinghamshire Building Society has launched its new prime 80 product. It comes with a fixed rate of 6.39% until 31 May 2027, with a maximum LTV of 80%. The product covers properties for purchase or remortgage with a term of up to 40 years. Loans are available from £250,000 to £1m and it is also available for first-time buyers. The society has also said that it will consider interest only and part interest only applications for this product, subject to a suitable repayment vehicle being in place and a maximum LTV of 60%.

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