London Credit has expanded its specialist lending proposition with the launch of commercial bridging loans featuring serviced interest, available up to 65% LTV. The new product gives brokers greater flexibility when structuring commercial property transactions, particularly where borrowers prefer to manage interest payments monthly, rather than roll them up over the term of the loan. It allows borrowers to make monthly interest payments through the loan term, reducing overall borrowing and maximising day-one capital. The serviced interest option is available across London Credit’s commercial bridging range, supporting loans from £150,000 to £4m, with terms from three to 24 months.

Fleet Mortgages has announced a series of criteria enhancements across its buy-to-let range, designed to improve landlord borrower affordability, and reflect real-world circumstances and broadened property appetite. Among the headline changes is the removal of Fleet’s minimum income requirement for applicants, meaning landlords no longer need to meet a set earned income threshold, although income will still need to be evidenced. Fleet has also simplified income verification requirements and it has also increased its maximum mortgage term from 30 to 35 years. This move is designed to support affordability and improve cashflow flexibility.

Nationwide has introduced new single access saver and ISA, both starting from 4%. Meanwhile, the building society has increased rates across its one, two and three-year fixed rate cash ISAs to 4.05%, while its five-year fix starts from 4.25%. At the same time, Nationwide will withdraw its existing one-year triple access ISA and one-year triple access saver, both currently priced at 3.30%.

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