Weekly Mortgage Update – 31st May 2019

Weekly Mortgage Update – 31st May 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:

  • Virgin Money confirm product withdrawal;
  • Santander simplify existing home mover applications;
  • Fleet Mortgages reduce rates on 5 year products;
  • Pepper Money make changes to residential range.

Ipswich Building Society: Max loan size increased to £750k on selected products

By |May 30th, 2019|Categories: 05. May, 2019, 31, Mortgage, Provider News|

Max loan size increases to £750k for residential and later life up to 75% LTV and self build too We're pleased to announce our maximum loan size will be increasing from £500k up to [...]

Coventry: Our no fuss approach to portfolio landlords

By |May 30th, 2019|Categories: 05. May, 2019, 31, Mortgage, Provider News|

We’ve recently increased the number of BTL mortgaged properties your portfolio landlord clients can have with us from 3 to 5. But, which of your clients are right for us? They must have: Maximum [...]

The Mortgage Lender: We’re thrilled for new builds

By |May 30th, 2019|Categories: 05. May, 2019, 31, Mortgage, Provider News|

Our Help to Buy mortgage means out with the old and in with the new build. It's helping first-time buyers and home movers climb the property ladder; good news for your clients, great news [...]

Hanley Intermediaries: Product updates

By |May 30th, 2019|Categories: 05. May, 2019, 31, Mortgage, Provider News|

Please note, we are updating the following products: Withdrawals (available until 30th May inclusive) Releases (available from 30th May) MFD304 2.99% Fixed Rate Mortgage for 5 Years MFD315 3.15% Fixed Rate for 5 [...]

Pepper Money: Make changes to residential range

By |May 30th, 2019|Categories: 05. May, 2019, 31, Mortgage, Provider News|

We have made some changes to our residential mortgage range. The changes are as follows: Removal of our Residential 2 year fixed rate 70% LTV products on both Pepper 36 & 48 Increase in [...]

Virgin Money: Confirmation of product withdrawal

By |May 30th, 2019|Categories: 05. May, 2019, 31, Mortgage, Provider News|

We have amended the following Residential products: Core Range: 90% LTV 2 year fixed rates have been increased by up to 0.03% 90% LTV 5 Year Fixed Rate with £995 fee has been increased [...]

Vida Homeloans: Challenge Vida to get specialist buy to let cases off your desk

By |May 30th, 2019|Categories: 05. May, 2019, 31, Mortgage, Provider News|

Mortgage intermediaries with BTL clients know that it can be useful to deal with specialist lenders when it comes to the more complex areas of the market. Check our maximum loan and rental income [...]

Marsden: Spot the difference – RIO vs older borrowers

By |May 30th, 2019|Categories: 05. May, 2019, 31, Mortgage, Provider News|

What's best for your client? Since launching our Retirement Interest Only (RIO) range in 2018, one of the most common questions we hear you ask is, 'What's the difference between RIO and Older Borrower?'. [...]

Hinckley & Rugby Building Society – Announce criteria changes

By |May 30th, 2019|Categories: 05. May, 2019, 31, Mortgage, Provider News|

We would like to announce a change to criteria, this change only applies to residential applications on a remortgage basis where additional funds are being raised for consolidation of non-property related debt. The loan [...]

Fleet Mortgages: Rate reduction on 5 year products

By |May 30th, 2019|Categories: 05. May, 2019, 31, Mortgage, Provider News|

Fleet Mortgages have released seven new 75% LTV five-year fixed rate products across our standard and limited company ranges, which further enhances our recent criteria changes. These products are being offered in addition to its [...]

Weekly Mortgage Update – 31st May 2019

By |May 30th, 2019|Categories: 05. May, 2019, 31, Mortgage, Provider News|

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: Virgin Money confirm [...]

By |2019-05-31T10:45:17+01:00May 30th, 2019|05. May, 2019, 31, Mortgage, Provider News|0 Comments

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