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Cynergy Bank joins Connect’s lender panel with a semi-exclusive

We have been dealing with Cynergy Bank for some time for Commercial and Complex BTL cases, now we have access to their Bridging Products including access to their Semi Exclusive product:

• Unregulated only
• Rate – 0.54%/mth
• LTV: 70% - Min Loan: £500k
• Property type – Residential (excluding land with residential planning)
• Exit – Retain/refinance only (does not have to be with CYB)
• Refurbishments – Light only, conversions/HMO’s ok with no structural work

1538751846987?id=tinymce_image_uploadFamily Building Society new semi-exclusive products

Residential

• 5 Year Fixed JMSO specific product added. Max age at application for oldest applicant for this product only is 67 at application.
• 60% LTV IO rates will be 0.20% below current pricing. Higher LTV tier priced at current rates.
• Minimum loan on IO 2 and 5 year fixed semi-exclusive products reduced from £300k to £200k.

Buy to Let

• BTL products have been streamlined with less variations, most popular product line retained and rates adjusted.
• 60% LTV BTL rates (standard product range) will be 0.20% below current pricing.
• 0.10% reduction to higher LTV tier semi-exclusive BTL 5 year fixed range (UK & Expat). 0.15% rate reduction to lower LTV tier to increase tier differential from 0.15% to 0.20%

Click here for more product info

Changes to Residential and Help to Buy products from Precise

• Precise have launched some exciting changes to their core Residential Mortgage range and Help to Buy products.

• For Core Residential, they’ve introduced new competitive headline rates of 2.94% for 2 year fixed and 3.19% for 5 year fixed products (current limited edition products have been removed and rationalised within the core range) with re-positioning of pricing across the range (Tier 1-5).

• For Help to Buy, they’ve made a significant reduction to their headline Tier 2, 2 year fixed 75% LTV product – it has a new initial rate of 3.44%

Find out more

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When you place a case through Connect, our dedicated team of advisers will find the right products from our extensive panel of lenders that could work for your referred clients. Working with Connect means you'll also have access to many exclusive and semi-exclusive deals.

Do you have a client who could benefit from these offers?
Let us know or call us on:

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Connect for Intermediaries is a trading style of Connect IFA Ltd which is authorised and regulated by The Financial Conduct Authority. The Financial Conduct Authority do not regulate all of the products and services that we offer.

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Connect Mortgages · 39 Station Lane · Hornchurch, RM12 6JL · United Kingdom