Hi {{first_name}},
Welcome to the first edition of our newsletter update.
Firstly, thanks for all your support, feedback, and engagement towards our recent Buy-to-Let second charge launch. We greatly appreciate your business.
We’ve listened closely and learned plenty during this time. Over the past few months we have been working hard behind the scenes and I am now happy to share we have rolled out a number of exciting improvements and enhancements to our products, systems, and processes.
Let’s dive in.
Key highlights
Pricing update (effective for cases keyed from 03/02): Up to 40bps reduction with our new rates now starting at 6.65% for our variable for full term products and 6.70% for our 2-year fixed products.
Limited Company SPV now live: You can now key SPV applications directly in Neo. Simply toggle over to SPV while creating a new case and enter the SPV’s company number to get started.
Increase in max loan size: From £200k to £500k. Max loan size of up to £1 million coming soon.
Wider AVM coverage: In addition to Rightmove AVM, we also now support Hometrack desktop valuations.
eSignatures: Available on all mortgage deeds via DocuSign.
Criteria changes
First charge repayment basis: We now allow Capital & Interest repayment on the first charge.
As a reminder, we will not accept cases where the first charge is a Consumer Buy-to-Let mortgage. Neither the applicant nor their relatives must have lived at the security property at any time.
Relaxed assessment for portfolio landlords: We will no longer require a minimum portfolio DSCR of 150% nor will we apply a maximum portfolio gross LTV of 75%.
Multi-property loans: Drive-by valuations are now permitted. Multi-property loans are currently available on standard properties only.
Direct Debit mandate (DDM) bank account:
Direct Debit must be collected from the same account that Scroll funds are paid into.
Rental income can be paid into any account in the applicant’s name.
ILA requirement for Personal Guarantees: For SPV cases, a solicitor must provide each guarantor with appropriate advice on the nature, implications, and risks of the Personal Guarantee.
As always, please refer to the latest version of our criteria document for further information.
Neo system enhancements and fixes
Launched application support for Ltd Co SPVs: A seamless application experience - to get started, pull director and shareholder information for your SPV client automatically using our integration with Companies House.
Validity period of Indicative Quotes: Extended from 7 to 14 days giving you more time and flexibility to progress a case and discuss with your clients.
AVM updates:
Introduction of Hometrack: If you’ve got a live case and want us to run Hometrack, let our Underwriting team know and we’ll arrange a desktop valuation where suitable.
Upgraded to the latest version of Rightmove API: We’ve upgraded our integration with Rightmove, significantly improving reliability and accuracy of automated property valuations.
Increase in file upload limit: During packaging/validations to 30 files per tile
eSignatures: All mortgage deeds can now be executed digitally via DocuSign (operated by our solicitor Robertsons) leading to even quicker completions. No more wet-ink signatures.
Other improvements:
Acceptance of capital and interest repayment on the first charge mortgage.
Better address search functionality and validations.
Improved notifications.
Reliability improvements and bug fixes.
Sneak-peek on what’s coming next
An update on our Residential product launch.
Broker API for direct integration.
Integration with One Mortgage System (OMS).
Multi-property loans for HMO properties (We already accept loans secured against a single HMO).
Allowing a mix AVM and physical valuations (including drive-by) for multi-property loans (excluding HMOs).
Case studies on some of our recent completions.
Speak to our Underwriting Team
📞 0121 828 5884
John Webb
Head of Lending
[email protected]
Charlotte Whitworth
Head of Underwriting & Packaging
[email protected]
Kirsten Robb
Senior Underwriting Manager
[email protected]
Please take note of our new office address in Solihull:
211 Regus, Central Boulevard, Blythe Valley Park, Solihull, B90 8AH
Trustpilot review:
If you’ve had a good experience with the team, a short review will really help us.
A reminder of Scroll’s key USPs
Competitive rates and criteria
Competitive fixed and variable rates starting at 6.65% with a maximum LTV of 75%.
Flexible interest-only terms from 3 to 25 years with loan sizes of £25k-£500k (max loan size of £1m coming soon).
Supporting individual & SPV landlords – portfolio and non-portfolio
Catering to a broad range of landlord clients, including individuals and limited company / SPV structures, supporting both portfolio and non-portfolio landlords.
Multi-Property Loans
Landlords can release equity across their rental portfolio by borrowing against single or multiple security properties, with the ability to include up to 10 properties under one loan - reducing the need for multiple applications and simplifying case packaging for brokers.
Home Equity Line of Credit (HELOC)
An optional HELOC add-on to Scroll's variable for full term product provides a 12-month revolving facility, allowing clients to draw down and repay funds as needed.
Helps advisers structure solutions where borrowing requirements are phased and avoiding unnecessary interest on unused funds.
Ideal for use-cases like property auctions and home improvements where certainty of funds is essential but need to be drawn later.
"Flexi-fixed" feature
"Flexi-fixed" allows the fixed rate term on the second charge to be aligned with the remaining fixed period on the first mortgage, supporting future refinance strategies and helping advisers avoid mismatched fixed rate terms.
Technology platform and broker-first service
A modern, broker-designed journey via Scroll's proprietary lending system Neo, delivering instant decisioning, real-time case tracking, and support for AVMs and Open Banking.
Every case benefits from dedicated 1:1 ownership, fast human underwriting support, and a clear, predictable process.
2% procuration fees, no clawbacks on HELOCs, and payment within 24 hours of completion.
If any of your colleagues are interested in getting these updates in the future, they can easily subscribe using the link below, or just let me know.
Thanks again for your support - and for the feedback that’s helped us improve quickly. More to come soon.
John Webb
Head of Lending
A: Room 211, Regus, Central Boulevard, Blythe Valley Park, Solihull, B90 8AG
M: +44 (0) 7974 980098
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