Welcome to this week’s Mortgage Update.
Please take the time to read through the update as there may be some information that is important to you.
Included in this week’s update:
Enterprise: Here’s how we can help you with your buy to let clients
Recent figures show that landlords owning between 6 and 20 properties are increasing but those with a property portfolio between 3 and 5 are falling.Regulatory changes like the PRA rules around landlord affordability has contributed to [...]
Foundation Homeloans: New buy to let F3 product range
Please find the new buy to let product guides updated with the new BTL-F3 product range below. Summary of F3 range as follows: Subject to BTL-F3 Adverse criteria Available to single households only 8 [...]
Hinckley & Rugby: Criteria update
Hinckley & Rugby have made an amendment to their criteria. Change as follows 4.49 x income multiple for cases 80% LTV and below. Cases above 80% LTV will remain x4. The enhanced income multiple [...]
More 2 Life: Get your clients even more with tailored choice
Introducing the new and improved Tailored Choice - your clients can benefit from: Lower rates, from just 5.90% MER Higher LTVs from 25.9% for single lives or 20.9% for joint lives, up to 54.5% More [...]
The Marsden: NEW Product range – Joint Borrower Sole Proprietor
Introducing our Joint Borrower Sole Proprietor (JBSP) mortgage range Our latest lending solution which allows First Time Buyers to combine resources with their parents to make their mortgage more affordable. Key Features Suitable for [...]
Kensington: Download our latest mortgage and property report
Our latest Mortgage and Property Report explores the changing dynamics of our industry. In the Mortgage and Property Report, we look at some of the market dynamics and emerging trends that are putting pressure [...]
The Mortgage Lender: Buy to let fees assisted product range launched to whole of market
We’ve set our sights on the buy to let remortgage market with our first tailor-made product that combines competitive initial rates with free standard legal fees, no application, valuation or transfer fees. The product [...]
Santander: Improvements to our new business mortgage range
We've improved our mortgage range by reducing several fixed rate deals and introducing a couple of longer-term fixed rate deals. We’ve also launching our second range of enhanced cashback products for first time buyers [...]
Mortgage Brain: High LTV mortgages see rise in costs
The cost of most high LTV (80% and 90%) mainstream mortgage products has increased over the past three months, according to new figures from Mortgage Brain’s latest product data analysis. The cost of a [...]
Aldermore: Big changes to our residential mortgage range
Big changes to Aldermore’s residential mortgage range With effect from today, Wednesday 24 April, Aldermore sees some exciting changes across its residential mortgage range. These changes provide greater flexibility and choice for a wider [...]
3mc: New Enhanced Criteria Residential Packager Exclusives Launched With Pepper Money
We are pleased to announce the launch of new enhanced criteria Residential Packager Exclusives with Pepper Money. The maximum Loan to Value has been increased by 5% on Pepper 12 & 6 plans when compared to the [...]
Vida Homeloans: Vida buy to let screen changes
We have recently following some feedback changed the wording on our Income page on buy to let applications. We have always had help text available to say that income figures were only needed if [...]
Weekly Mortgage Update – 26th April 2019
Welcome to this week's Mortgage Update. Please take the time to read through the update as there may be some information that is important to you. Included in this week's update: Marsden announce new [...]