Hanley Economic Building Society has introduced a five-year fixed rate mortgage for foreign nationals, available up to 90% LTV.

The product is priced at 6.04% and allows eligible applicants to be considered from their first day of UK residency. It is available for purchase and remortgage purposes on a capital and interest repayment basis and comes with a £1,199 arrangement fee.

The product is aimed at borrowers who have recently moved to the UK and may face restrictions when applying for a mortgage due to their limited residential history in the country.

Mortgage Brain has moved 100 mortgage advisers from Wesleyan Financial Services onto the latest version of Sourcing Brain.

It comes after the sourcing system has been substantially upgraded, delivering results up to 10 times faster, with a redesigned interface and new features shaped by broker feedback.

The advisers who have switched can now benefit from faster product research, easy deal comparisons and client documents that are produced with a single click.

Brickflow has added the specialist bridging and short-term finance lender, Somo, to its panel of over 160 lenders.

Brokers using Brickflow can now access Somo’s bridging loans alongside the rest of the panel, compare terms side by side and submit cases through a single platform.

The partnership delivers loans from £27,500 to £3m, with terms from one month to three years and lending up to 75% LTV.

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