Cardium Law has joined the Bridging & Development Lenders Association (BDLA) as an associate member.

The specialist litigation business provides legal services across construction, business and finance. It works with businesses of different sizes and has connections across insurers, brokers and litigation funders, enabling it to support clients with litigation, access to finance and risk management.

The BDLA represents the interests of bridging and development lenders and their customers. Its membership brings together lenders and associate firms from across the specialist property finance market.

Hampshire Trust Bank (HTB) has increased the maximum LTV available on eligible HMO mortgages to 80%.

The enhancement forms part of the development of its specialist mortgage proposition and reflects the way in which experienced professional landlords are approaching HMO investment.

Available to professional landlords meeting HTB’s lending criteria, the increase to 80% LTV gives brokers greater flexibility when structuring finance for eligible HMO applications.

Foz Ahmad has been appointed as regional account manager for the East at Foundation.

He brings 12 years of mortgage industry experience, having worked as both a mortgage adviser and business development manager. Ahmad began his career as an adviser at Countrywide, before moving to Santander and later TSB. He joins the specialist lender from Metro Bank, where he spent eight years.

At Foundation, Ahmad will work closely with intermediaries across the East to help them find suitable lending solutions for clients whose circumstances fall outside standard lending criteria.

Norton Home Loans has launched a new premium plan product on its 1st charge mortgages, allowing loans up to £350,000 at 85% LTV.

The premium plan allows up to a status 1 in the last 12 months on credit cards, loans and/or hire purchases with none outstanding. The same applies for mail order, public utility and/or communications. Minimum income is £30,000 from all sources.

In addition, Norton Home Loans has increased LTVs and maximum loans sizes on its Optimal 1 and Optimal 2 HTLV products to 85% LTV and £250,000 and £200,000 respectively.

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