Brilliant Solutions

The office will be closed from 5pm today for staff training, open as normal tomorrow. 

Our office will be closed from 5pm Thursday, 20th October to 9am Friday, 21st October.
If you have any cases or enquiries that this may affect, please contact our team today. We apologise for any inconvenience.

We are currently experiencing some technical issues that are affecting our telephone lines and internet connection.

We hope to resolve this asap. Apologies for the inconvenience.

 

In honour of Her Majesty Queen Elizabeth II our offices will be closed on Monday 19th September while our staff pay their respects.

The office will re-open at 9am on Tuesday 20th September.

LendInvest Update

Lendinvest’s latest announcement can be viewed here.  Remember, their BTL product set is available via our Direct to Lender Mortgage Club as well as through our fees free packaging service.  We also offer their Bridging range too.  Full details are available hereContact our team to discuss any cases or criteria in detail across their full range. 

Announcement

Lendinvest Criteria changes a plenty!!

I just wanted to highlight some key changes that we have made to our criteria last week, We have listened to feedback and have obliged.

  • HMO/MUFB/Holiday lets now available in Scotland
  • HMO up to 6 beds that are in an Article 4 Area ( and has been converted) – Valued on a Yield Basis ( not Bricks and Mortar)
  • HMO up to 6 beds available for FTL 
  • Tier 2  ( adverse) – now available for SML/Large HMO’s & MUFB’s
  • Exposure of within a block – now 75% or max 5 units ( simplified)
  • New-build flats, New-build houses,New-Build HMOs and New-Build MUFB – upto 75% LTV
  • No longer require SA302 and tax overview on submission of case
  • Properties next door to clients residential acceptable ( portfolio landlords only)
  • Background Portfolio assessment simplified

All criteria search providers have been updated with the changes you can find our latest guide here.

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