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Connect Network Mortgage Packager | The Growth Of A Network

Connect Network Mortgage Packager

Connect network mortgage packager

 

Connect network mortgage packager has recently become a packager for Zephyr and Fleet Mortgages. These new lenders focus on buy-to-let mortgages. Connect’s market placement desk helps brokers secure deals with these lenders.

A representative from Connect for Intermediaries told Specialist Lending Solutions about future plans. They mentioned that the company is open to working with more lenders next year. This will expand Connect’s network further.

Zephyr, launched by Computershare Loan Services just before Christmas, accepts applications for buy-to-let properties. They offer competitive rates starting at 2.69%. This includes both individual and limited company buy-to-let properties.

Fleet Mortgages has made changes to benefit borrowers. They now offer free valuations and a new product rental calculation. This is set at 125% of the rental income at a rate of 3.89%. These changes allow borrowers to access more borrowing potential.

As Connect Network Mortgage Packager continues to form new partnerships, the buy-to-let lending landscape will grow. The upcoming year promises continued growth and innovation in this sector.

Connect network mortgage packager | Buy-to-let buoyant

Liz Syms
Liz Syms, CEO and Founder of Connect Mortgages

Liz Syms, CEO of Connect for Intermediaries, highlighted the resilience of the buy-to-let market. She emphasised its vibrancy for both property acquisition and remortgaging.

Positive Developments for Landlords

Syms believes introducing new rates and terms is a positive move for landlords. This includes individual property owners, portfolio holders, and those with properties under limited companies. She enthusiastically stated, “These fresh offerings from lenders will benefit brokers catering to buy-to-let clients.”

Assistance for Brokers

“Our specialised market placement desk is ready to assist brokers,” Syms added. They aim to help brokers seize opportunities presented by these new rates and terms.

Peter Charge
Peter Charge, Head of Sales for Zephyr Homeloans

Partnership with Zephyr Homeloans

Peter Charge, head of sales for Zephyr Homeloans, conveyed his excitement. He looks forward to collaborating with Connect as a key intermediary partner. Charge acknowledged Connect’s profound understanding of the specialist buy-to-let sector. He anticipates fostering a robust partnership to contribute to the growth of the Zephyr Homeloans brand.

Fleet Mortgages’ Enhancements

In December 2018, Fleet Mortgages took steps to enhance its product offerings. It introduced new products within its standard and limited company ranges, and specific criteria adjustments were tailored for portfolio landlords.

Navigating a Dynamic Market

This continuous evolution in the buy-to-let landscape positions brokers and landlords to navigate a dynamic market. They can explore diverse property investment and financing opportunities.

Conclusion

We’ve reached the end of our announcement on the Connect network mortgage packager.

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