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Unity launches BTL portfolio

Unity Homeloans has launched a prime buy-to-let portfolio.

The range allows up to 20 properties per client and total borrowing of 2m.

Furthermore, first-time buyers with 20,000 provable income can enter the property market, with two-year fixed rate offerings, no extended tie ins and no higher lending charge.

The rate on this range starts from 5.75%, 15% builders deposits are accepted and there is no credit scoring.

Ian Nelson, chief executive at Unity Homeloans, says: The buy-to-let market remains strong, and as with many investments we are seeing demand from new buyers looking to enter the market, become professional landlords and seek out commercial opportunities.

However, whilst we want to support entrepreneurial investors we always stress that this is an investment decision and requires exactly the same care and attention as any other.


Lehman brands to use AVMs

Lehman Brothers’ four mortgage brands are set to use automated valuation models provided by Hometrack. Simon Hinshelwood, chief executive officer of Lehman Brothers’ Mortgage Capital businesses, says: “In certain circumstances we will allow our packagers the option of instructing an AVM through Hometrack.”

Deutsche Bank shares decline

Deutsche Bank has disclosed that it holds less than 5% of its own shares. From March 21, DB shares declined to 4.63% of its issued share capital.

eMoneyfacts and MTE join forces

eMoneyfacts is in the final stages of upgrading its broker sourcing system with the Mortgage Trading Exchange – and is due to go live in May. The intermediary arm of Moneyfacts recently surveyed 8,000 brokers who use the mortgage sourcing functionality on It found a high proportion of respondents felt it needed to integrate […]

Persimmon launches combined LTV product

Persimmon Homes has launched a new mortgage product, Persimmon Capital Plan to help home buyers get on or move up the property ladder.The Persimmon Capital Plan enables a purchaser to borrow up to 97% LTV with the loan split into two portions, a conventional mortgage on a three-year fixed rate which is available as a […]


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