Next: Tuesday 26th May 
(due to Bank Holiday Monday)
10.30am
 
REGISTER FREE
THANK YOU TO ALL WHO JOINED US ON ZOOM FOR OUR LATEST WEBCAST. 
 
KEY TAKEAWAYS
(From Monday 18th May 2020)
 
NEW BUSINESS CASES OF THE WEEK


Crystal Update

Crystal Deal of the Week: Allica Bank
Purchase of Commercial Warehouse Investment, 45% LTV, £2m loan size.

Crystal Completion of the Week: 
Finish and exit on a wind and watertight BTL new build. £144k loan, 34% LTV at 0.75% pcm.

Crystal Back Office Hero: Shawbrook Bank
Pipelines moving, first to also announce full valuations are back.

KNOWLEDGE BANK - CRITERIA HIGHLIGHTS

  • Bluestone Mortgages and Foundation Home Loans resume lending
  • Physical valuations resumed by many lenders
  • Changes to criteria on self-employed, furloughed, contract workers including those on Zero Hour Contracts and those who receive bonuses, overtime or commission
  • LTVs on Residential and Buy to Let increasing

To register for future editions of KickStart, please click here, as you’ll need to register for each event individually.

 

Alternatively, schedule in your diary every Monday at 10.30am (the only exception coming up is due to a Bank Holiday on 25th May, so we will broadcast on the 26th May instead) and include the Zoom link that we provided today.

 

If you have any topics and areas you would like Nicola and Jo to cover, please let us know and we hope to see you next week!
Report Post 23 May 2020, 10.47 am
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