The changes mean that the lender will support applications from borrowers looking to raise additional capital for gifting purposes when remortgaging.
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The intermediary-only specialist lender has launched four new fee-assisted residential ‘specials’ up to 75% LTV.
The lender recently completed a £1.3m refinance loan on a large MUFB development in London within 9 hours of issuing the offer.
The specialist lender has reduced rates across its CHL1 and CHL2 ranges following the recent Base Rate cut by the Bank of England.
Young homeowners have been found to be more in favour of policies that support making their properties environmentally sustainable than their older counterparts.
The lender announced that it is offering its lowest rates 'in quite some time' following the Base Rate decision last week.
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