Welcome to this month’s lending into retirement 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:
- Canada Life Home Finance offer £0 completion fee, for a limited time only;
- Pure Retirement help you to empower your clients;
- With a funeral plan, your clients don’t need to leave anything to chance.
Mansfield makes Versatility even more affordable with up to 0.25% off
Mansfield Building Society has taken up to 0.25% off its Versatility range of residential mortgage products, making its flexible underwriting even more affordable for borrowers who don’t meet the High Street’s tick box mentality. [...]
Important news from TSB: Changes to product range
From, 21 January 2022, TSB is making selected changes to their product range. The lender is introducing new products 2 Year Tracker products for First Time Buyer, House Purchase and Remortgage, 0-90% LTV 5 [...]
Vida Homeloans: Get life moving
Product Withdrawal Notification Thank you for your fantastic support for our Limited Edition products launched last week. Given the overwhelming demand, both the Standard and HMO variations will be withdrawn with effect from 6.30pm [...]
BM Solutions Product Refresh
On Monday 24 January, we’re making the following changes to our product range: BTL House Purchase Rate increases of up to 0.23% across 2 and 5 year fixed 60 and 75% LTV £0, £995 [...]
Mortgage Applications – how will you submit yours?
There are plenty of ways to get your applications to us at Hinckley & Rugby for Intermediaries. When it comes to mortgage applications, we aim to be flexible and to keep things simple, which is why [...]
How Central Trust can help Self-employed applicants
The self-employed were possibly the most hit by the Covid-19 pandemic. Many now find themselves in a situation where the latest SA302 will reflect their struggle, despite the business having returned to pre Covid [...]
Mansfield: NEW lower rates across our Versatility range
Our range of Versatility mortgages enables us to be flexible with complex circumstances - and they have now just got even cheaper with rates now starting from 2.84% variable on a 2 year discounted [...]
Kensington: The next gen mortgage is here…
Fixed from 11 to 40 years with a monthly payment that never changes Greater borrowing power No ERCs for life events For FTBs, home movers and remortgagers Up to 95% LTV 10% overpay from [...]
West One Case Study: Buy-to-let mortgage for portfolio landlord in just 17 days
Selecting a buy-to-let lender for a portfolio landlord can be a challenge for advisers, as they will need a lender that can offer a suitable interest cover ratio to maximise the amount of potential [...]
Lendinvest: What holiday let investments can offer landlords in 2022
January is the month to think about holidays, and LendInvest's Buy-to-Let Director, Andy Virgo, analyses the opportunities and potential challenges in the holiday let market in the year ahead and how they will continue [...]
Suffolk Building Society: Income 101: help for clients with complex or multiple income sources
You asked….we listened! For self employed applicants (where applicable) we will now take either net profit after tax + salary, or salary + dividends, whichever is higher. We will use the latest years figures* [...]
Santander rates update
New business 60% LTV withdrawals and other changes On Wednesday 19 January we’re making changes to our new business and product transfer ranges. New business In response to market conditions, we’re temporarily removing all [...]
Things are changing at The Mortgage Lender
We’re listening and evolving at the pace of your world to make sure you can help more people make their next move, whatever their circumstances. To mark this evolution, we’re updating how we look [...]
Bluestone Mortgages: £500 contribution for your clients, yes please!
It's the New Year, so it's time to reflect and refresh! Over the next few weeks, we are going to be taking you through our new policy amendments and new products, so check your [...]
Digital Mortgages: We’re removing our 5-year Prime fixed rate products from sale
We’re getting in touch to let you know that we’re temporarily removing our 5-year Prime mortgage products from sale. This change will be effective from 8pm on Tuesday 18th January 2022. We have taken [...]
Furness for Intermediaries: New high LTV product range
We've launched a new high LTV product range Our new products are available up to 95% LTV for residential house purchases, including New Build, and re-mortgages. The products are fixed at either two or [...]
Santander: Working with you…Making changes to an application
Working with you... Making changes to an application Let us know about any changes straightaway. You can send us a message via case tracking (MATS) in Introducer Internet for the following. Type of material [...]
Re-mortgage, re-furbish, re-vive with NatWest.
With our remortgages, you could help your customers do some home improvements, build an extension or renew their furnishings. That's because our remortgages are: free of legal and valuation fees for a standard remortgage [...]
Generation Home has landed!
More ways to help your clients into homes: At Generation Home we’ve built new ways to help your clients get and remain on the property ladder - from boosting their affordability with an income [...]
Furness for intermediaries: New 80% LTV Buy-to-Let product
The Cumbria-based Building Society has launched two new high LTV buy-to-let mortgage products for brokers. Furness Building Society has announced the launch of two 80% Loan-to-Value (LTV) buy-to-let mortgage products, available across England, Scotland [...]
Skipton Building Society: Criteria update: increase in Buy to Let max loan
As of this week (17th January onwards) we’ve increased our Buy to Let maximum loan amount from £1million to £1.5million, so we could help more of your clients. You can find out more about [...]
West One Buy-to-Let: Important Product & Criteria Changes
Important Product & Criteria Changes We have some exciting news about changes to our product pricing and credit criteria product ranges available from 24th January 2022. The revised product range will be available for [...]
United Trust Bank: Rapid Remortgages
At UTB Mortgages for Intermediaries we care about getting your application approved quickly. That’s why our turnaround time is only 24hrs and we try and make it easy for you.
Mansfield: NEW mortgages for Standard, Consumer and Ltd Company Buy to Let
Our new mortgages available up to 75% LTV are available for standard Buy to Let, Consumer Buy to Let and to Special Purpose Vehicle (SPV) limited companies with a personal guarantee. With two year [...]
Bluestone Mortgages: We’ve made contractor policy improvements that will help more of your clients!
Do you have clients who have recently taken a contractor position? Or had to start working as a PAYE contractor due to new legislation? Or maybe your CIS contractors want to use their CIS [...]
Accord are increasing their max LTV for flats and making changes to their residential product range
Applies to: Accord residential new business only Accord are always looking for ways to help brokers help more clients, which is why they’re increasing the max LTV for new build and non-new build flats. [...]
Furness for Intermediaries: A Self-Employed Case Study
Self-employment shouldn’t be a barrier for your clients getting a mortgage. Our flexible approach to lending means we're able to assess each application on an individual basis, no matter how complex your client’s income. [...]
BM Solutions – customer account numbers
All BM Solutions customers, since September 2021, have an account number starting with the number 6. Your customer will have had a letter to confirm their new account number and any subsequent letters will [...]
Halifax Product Changes – Legal and General
On Monday 17th January, we’re making the following changes to our product range: Remortgage semi–exclusives Rate increases of 0.04% to selected Own Conveyancer only products New products including remortgage service Includes free legals and [...]
Molo Pricing Changes-Effective from 18th January
Following the successful launch of our Portfolio Buy to Let proposition we are now making some pricing changes across our Product range Please find our New Pricing effective from 18th January when they will be [...]
HSBC UK 2022 Mini Masterclasses
The masterclasses will be available from week beginning Monday 24th January. Each masterclass is a maximum of 15 minutes long, with the opportunity to ask our knowledgeable BDMs questions afterwards. As they’re setup as webinars, [...]
Foundation Home Loans: Homeowners in favour of reduced mortgage costs based on energy performance
According to our most recent owner-occupier survey, 67% of all homeowners, or those who want to become homeowners, would consider a lower mortgage rate based on their property’s Energy Performance rating an appealing element [...]
West One Buy-to-Let: Important Product Changes
We have some exciting news about changes to our credit criteria on our W1 and W2 product ranges available from 13th January 2022. The revised product range will be available for selection on our [...]
MBS Lending Webinar – Placing that adverse case!
The hot topic is our MBS Lending brand which specialises in residential adverse cases. MBS Lending, a subsidiary of The Melton Building Society, is a specialist lender that allows customers to apply for a [...]
Kent Reliance: Mortgage Strategy Awards – KRFI & Precise Mortgages – YOUR VOTE COUNTS
I am delighted to announce that Kent Reliance for Intermediaries and Precise Mortgages have been longlisted at the up and coming Mortgage Strategy Awards 2022 in the following categories: Kent Reliance for Intermediaries - Best [...]
Skipton Building Society: We’re currently turning around cases within 24 hours of submission.
Did you know we’re currently underwriting cases submitted within the last 24-hours? Here’s a reminder of how we’re making things easier for you and your clients when submitting cases with us: On eligible cases [...]
Metro Bank: The Buy to Let Solution
THE BUY TO LET SOLUTION We hope you had a wonderful festive break and New Year. There are a lot of exciting things planned for this year, starting with our recent enhancements to our [...]
Lendinvest: Free valuations on residential bridging deals with a property value up to £1m.
LendInvest welcomed in the New Year by announcing a January incentive for brokers submitting deals through its bridging portal: free valuations on residential bridging deals with a property value up to £1m. Learn more [...]
Interbay: GREAT NEWS! InterBay are expanding their Criteria
I am delighted to announced that with effect from Thursday 13th January we will be enhancing our Buy to Let, Holiday Let, Semi and Commercial propositions in InterBay. As a result of this the [...]
The Mansfield launches outstanding new buy to let product and range for Limited Companies
Mansfield Building Society has reduced rates and simplified its buy to let mortgage range with four new products, all accepting applications for Standard, Consumer and Limited Company Buy to Let with a personal guarantee. [...]
Keystone enhances their cashback product
Keystone Property Finance are delighted to announce that they have increased the amount of cashback they pay on large loans by as much as 50% to give a New Year’s boost to landlords looking [...]
United Trust Bank: Max Loan Size Increased to £1m
The max loan size for all first charge residential mortgage products has been increased. Key features include: Available for Remortgage and Purchase, including First Time Buyers, up to 85% LTV Capital Repayment or Interest [...]
West One: Get to our buy-to-let offering
The buy-to-let offering at West One aims to serve the wide-ranging needs of both amateur, and professional, landlords. Find out more about why you should consider using West One for your client’s buy-to-let [...]
Fleet Mortgages: Rate Reductions from Tomorrow!
Despite the backdrop of a base rate increase – Fleet are welcoming in 2022 with further rate reductions. Please see attached our updated product guide which will go live from tomorrow. A quick summary [...]
Zephyr Homeloans weekly update – Looking forward to 2022
Happy New Year! We hope you've had chance to take a break and are now feeling refreshed and ready for 2022. At Zephyr we already have lots of plans in place for the coming year [...]
ULS Technology: Wills offer chance for brokers to build stronger client relationships
Nobody wants to be the bearer of bad news. Brokers know all too well that clients are rarely thrilled when it comes to discussing worst case scenarios. After all, when a client comes to [...]
Enterprise Finance: Second Charge Mortgages: Simple solutions to tax return concerns!
With the tax return deadline looming on 31st January, self-employed individuals may be concerned that they do not have the funds to meet any potential payments required to HMRC. A second charge mortgage can [...]
TSB: Changes to Residential products, end dates and base rate increase
TSB has applied new reversionary rates to products to reflect the Bank of England base rate increase to 0.25% from 10 January for new customers. Homeowner Variable Rate 3.74% Buy to Let Variable Rate 4.59% Residential [...]
Hanley Economic: New Products
Introducing 3 new products, available immediately; MFD443 2.90% Fixed for 5 Years Up to 95% LTV No application or product fee Free standard valuation (if house if estimated over £250,000 – a contribution of [...]
Vida Homeloans: Full Product Range Withdrawal
Full Product Range Withdrawal In advance of something particularly spectacular happening on Tuesday 11th January we will be withdrawing ALL our current products at 6.30pm on Monday 10th January. DON'T PANIC! - Transition arrangements [...]
Halifax Intermediaries – Product Launch 10.01.2022
Changes to our product range On Monday 10 January, we’re making the following changes to our product range: First time buyer and homemover products including Green products and excluding Large Loans £1,499 fee products [...]
NatWest to make rate changes to both New Business and existing customer product range
Effective 7th January we are making the following changes to our New and Existing customer product ranges: New Business New Products First Time Buyer: 4 new products, covering 85% and 90% LTVs, across 2 [...]
Landbay: New Year, New Rates
We've started the new year with a bang, launching a product refresh featuring rate reductions up to 0.29%! Our Green range has been simplified, offering the same discounted rates for EPC A,B and C rated properties — new builds are [...]
Virgin Money: Changes to our Standard and BTL Variable Rates
Following the decision by the Monetary Policy Committee on 16 December 2021 to increase the Bank of England Base Rate to 0.25%, we’re making some changes. On 6 January 2022, we will increase our [...]
The Mortgage Lender: Introducing RL0 – more ways to lend to the self-employed and those with complex incomes
We recently discovered that while our RL1 product allowed some missed payments, or unsecured credit events in the profile, 55% of our applicants on that product didn’t have any at all. These findings are in [...]
Furness Building Soicety: We’re increasing our MVR
In line with the Bank Base Rate increase on 16th December, the Society's Mortgage Variable Rate will increase by 0.15% for new customers on Thursday 6th January. The MVR from this date will be [...]
Speeding up remortgage deals means more options for borrowers
Recent years have seen product transfers take on a much more significant role within the UK mortgage market. There are all sorts of different factors behind this, from lenders recognising the value of retaining [...]
4 in 10 landlords buying their next buy to let in a Limited Company – Q3 survey
The question of whether to borrow through a limited company structure is one which all landlords have faced and continue to face. Considerations must be taken over the landlord’s number of properties, future plans, [...]
Crystal Specialist Finance: Auction purchase completes in just 24 hours
The Christmas break is almost upon us and people are busily completing those final deals before the festive holiday. Do you have a complex deal on your desk which you really need to complete? [...]
ULS Technology: Crucial for conveyancers to truly listen to broker feedback
The end of the year promises to be an active one for the remortgage market. The exact number of mortgages reaching expiry in the next month or two varies depending on who you speak [...]
Virgin Money: We’ve increasing selected Clydesdale Bank rates
We wanted to let you know that we’ve made some changes to the following Clydesdale Bank products. Selected residential 85% LTV 2 and 5 year fixed rates have been reduced by up to 0.11%. [...]
Foundation Home Loans: New 90% fee-assisted and new professionals 5-year fixed
Foundation Home Loans has enhanced its owner-occupied proposition further with new 90% LTV ‘fee-assisted’ 2- and 5-year products for residential borrowers, as well as a pair of ‘Professionals’ 5-year fixed rates at 75% & [...]
NatWest to make rate changes to both New and Existing Customer product ranges
Effective 16th December we are making the following changes to our New and Existing product ranges: New Business Rate Changes Purchase: Rate increases of up to 3bps on selected 2 year deals Remortgage: Rate [...]
Skipton Building Society: Change to the base rate
The Bank of England’s Monetary Policy Committee announced a 0.15% increase to the base rate today to 0.25%. As a result of this announcement we can now confirm the following: All customers who have [...]
Virgin Money: Changes to our Tracker Mortgages
Following today’s decision by the Monetary Policy Committee to increase the Bank of England Base Rate to 0.25%, we’re increasing our tracker mortgage rates. Our updated tracker rates will be available from 17 December [...]
Mansfield: Mortgage options for older borrowers
At The Mansfield, we're proud to offer residential lending up to 70% LTV for capital repayment or interest only up to age 85. Mortgage repaid before age 70 Mortgage repaid from age 70 and [...]
United Trust Bank: Max Loan Size Increased to £1m
The max loan size for all first charge residential mortgage products has been increased. Key features include: Available for Remortgage and Purchase, including First Time Buyers, up to 85% LTV Capital Repayment or Interest [...]
SBI UK: Green Mortgage and Criteria Change Product Launch 16.12.21
Criteria Changes (applies to Standard, Specialist, HMO and Ex-Pat applications) For new applications, with effect from the above date, SBI will make the following changes to our maximum loan to value for new build [...]
Pepper Money: One final gift from Pepper’s elves
We’re delighted to share with you that following a successful pilot, from tomorrow (16/12/2021 @ 9am) we will be able support your advisers by extending our shared ownership offering to all registered brokers. Our [...]
Buckinghamshire Building Society: Update: Enhanced Affordability Calculator now available at Bucks BS
Santa’s elves deliver an Affordability Calculator to Bucks BS early! Our enhanced affordability calculator has now launched on our website (courtesy of Santa’s elves), powered by technology from Legal & General. The intuitive affordability [...]
Coutts: Mortgage Refreshed Mortgage Rates 15/12/2021
This communication summarises key changes being made to Mortgage pricing for Coutts and Adam & Company as of Wednesday 15th December 2021. Residential 2 year Fixed have increased by 0.10% across all LTV bands, [...]
West One: Buy-to-let mortgage for portfolio landlord in just 17 days!
Selecting a buy-to-let lender for a portfolio landlord can be a challenge for advisers, as they will need a lender that can offer a suitable interest cover ratio to maximise the amount of potential [...]
Teachers for Intermediaries: Don’t let a complex case go cold… ❄
Where there's a chill there is a way Complex Case Solutions Is a complex case leaving your client cold this winter? Do they need help with a short term borrowing need? Do they need [...]
Six reasons to choose Newcastle Intermediaries
Great product range with added benefits We’re committed to providing our mortgage intermediary partners with excellent service, great products and lending criteria that reflects your customers’ unique needs. Here are a few key reasons [...]
Central Trust: Case study 3 – capital raising on an unencumbered property
We pride ourselves on providing common sense lending decisions and wanted to share with you a recent application where we we're able to support the broker and their client, when others had said no. [...]
Kensington: Place your remortgage case with Kensington
Register to Place a Case Find your local BDM Visit K-Hub for our support guides and service levels Follow us on LinkedIn for latest news and updates
Metro Bank: Buy to Let Loan increased to £2m and Improvements to Property Type
BUY TO LET MAXIMUM LOAN INCREASED TO £2M We have increased our maximum loan size for 75% LTV buy to let products from £750,000 to £2m. We will now also accept thatched roofs and [...]
Kent Reliance for Intermediaries: Here’s a case study we recently approved
It can be hard finding the right shared ownership product, but finding a lender who knows how to support your client can be just as difficult. At Kent Reliance for Intermediaries, we often receive [...]
Lendinvest: Green products and growth: reviewing Buy-to-Let in 2021 and previewing 2022
As we approach the end of the year, the Buy-to-Let director looks back on the successes of 2021, and why green buy-to-lets will play a big role in 2022. Find out more here [...]
Reminder: changes to ERC refund window for non-simultaneous porting
To support existing customers moving home during the pandemic, where redemption of the existing mortgage and purchase of the new property was non-simultaneous, we temporarily extended the ERC refund window. With effect from 1 [...]
Coventry Building Society extends Green Together Reward
Coventry Building Society is extending its Green Together Reward, which offers borrowers an incentive of £500 in return for carrying out work designed to improve their property’s energy efficiency. Borrowers will now have until [...]
Foundation launches professional residential mortgages
NEW PROFESSIONALS MORTGAGE FROM FOUNDATION HOME LOANS On Thursday 25th November, Foundation Home Loans is launching a new specific range of owner-occupied mortgage products with enhanced Loan-to-Income limits specifically for Professionals. Joint applications are [...]
Molo Finance: Announcing Buy-to-Let Mortgages for Portfolio Landlords
As Molo Finance continues growing in the BTL space, we’re always looking at ways to enhance our criteria and digital process to support our Broker partners. With that in mind, we are pleased to [...]
The Mortgage Lender: BTL Tech Tip
This week’s Tech Tips focus on Special Purpose Vehicles. An SPV is a great way to leverage expansion on a portfolio. A lot of lenders insist on the SPV being up and running for [...]
West One Buy-to-Let: Important Product Changes
We are pleased to confirm some exciting product changes within our BTL range that take effect from Wednesday 24th November 2021. The revised product range will be available for selection on our broker portal [...]
Introducing SBI Bank’s UPS
SBI UK is specialist BTL Lender, providing a range of funding solutions for your clients. Our local BDMs and Case Managers strive to provide the best possible journey from beginning to end. We can provide [...]
Bluestone Mortgages: Our new policy enhancements can help your clients!
We've made some significant enhancements to our policy across our whole product range, providing further support for those looking to make the homeownership dream, a reality. Here's a quick summary of the changes: Mortgage offer [...]
Penrith Building Society: Holiday Let mortgages for first time buyer landlords
At Penrith Building Society we recognise that people have a variety of ways in which they can invest their money. Unlike other lenders who might shy away from inexperienced buyers, we welcome applications from [...]
Precise Mortgages – Customers turned away by a high street lender?
NEW: Customer with an active DMP? No problem. For those with less-than-perfect credit histories or Debt Management Plans (DMPs) getting a mortgage could feel like an uphill battle. Well, we have great news! Precise [...]
Teachers for Intermediaries: Don’t fall due to complex income this Autumn 🍂
Clients who are asset rich can often find it hard to secure a mortgage thanks to unusual income profiles, including these scenarios: Owning a substantial, high value property Having substantial cash, investments and/or pensions [...]
Nationwide: Participating builders announced for Deposit Unlock
The low deposit mortgage solution Earlier this Autumn we announced our support of the Deposit Unlock scheme. The scheme allows your clients the opportunity to access 90.01 - 95% LTV mortgages for a New Build [...]
Paragon: Introducing new 5 year fixed rates from 3.05%
We're pleased to announce the introduction of four new 5 year fixed rate products to our buy-to-let portfolio range. These are 75% and 80% LTV products starting from 3.05% and offering free mortgage valuations. These products are available [...]
Accord are removing their BTL minimum income requirements
Applies to Accord BTL You’ve heard Accord talk about their common-sense approach to lending and how they consider each case on its own merits, so it made no sense that they still ask all [...]
NatWest to launch Green BTL products alongside further rate changes
Effective from Wednesday 24 November 2021 Here’s a full list the changes with product codes in brackets: New Business Core Range Residential Rate Changes 2 year fixed rate purchase [FO28370] 60% LTV, increasing by [...]
Kent Reliance for Intermediaries – New limited edition residential product range
New: Seasonal Specials limited edition residential range With lower rates across 2 and 5-year fixed large loan mortgage products, Kent Reliance for Intermediaries could support your residential clients with loans up to £3m at [...]
Foundation: Now you can do more for contractors and CIS contractors
6 reasons to use Foundation for contractors No minimum income requirement for any type of Contractor, regardless of industry For Day Rate Contractors, income calculated at day rate x 5 x 46 For the [...]
Metro Bank transfer of some mortgages to Nat West
Further to our announcement on 2nd February 2021 confirming the sale of a portfolio of owner occupied residential mortgages (the portfolio) to NatWest, we want to let you know that we will be transferring [...]
H&R: Check out our new video exploring our Medical Professionals range
This month, as part of our In Focus updates, we’ve been sharing examples of real-life cases of applicants who have had approved mortgages from our range of Medical Professionals products. Today, we would like to share with you [...]
Buckinghamshire Building Society: Making the Impossible Possible
Do your clients have a dream of home improvements? With Bank of England interest rates expected to rise, now is the perfect opportunity to improve the space we live in making it enjoyable for [...]
Halifax: Changes to our Product Range
Halifax have announced changes to a couple of their first time buy and homemover products. Products effected include the new New Build and Affordable Houseing, Shared Equity/Shared Ownership including equivalent Green Home Products. The [...]
Bluestone: New Policy Enhancements to Help your Clients
Bluestone have announced some significant policy enhancements across their entire product range providing further support those looking to make homeownership a drea, a reality. A couple of their major enhancements include: Mortgage office validity [...]
Newbury Building Society: Buy to let this Christmas
Newbury Building Society have announced a variety of special rates for intermediaries. Firstly the building society have announced they will be extending their Buy to Let lending area to cover both England Wales. Secondly, [...]
Virgin Money: Mortgage Rate Increase
Virgin Money on Tuesday the 16th November announced they were making some changes to a couple of their mortgages. The mortgages that have been effected by the increase include: Purchase Exclusive 80% LTV 2 [...]
Teachers for Intermediaries: Help for Complex Borrowers
Sometimes borrowers have complex needs, they haven't bought their castle yet and because of this Teachers for Intermediaries are prepared to offer a variety of lending solutions for buyers of unusual properties. These properties [...]
TSB: We’re increasing maximum LTV on new build properties
TSB has increased maximum LTV for new build Residential and Buy to Let products from 16 November. Maximum LTV for new build flats and maisonettes is now aligned to maximum LTV for new build [...]
Santander: Further Introducer Internet improvements
Santander have introduced a range of improvements for introducers the improvements will mean: You'll be able to capture the age of all dependants in Introducer Internet at application level to avoid any confusion. We'll [...]
Kensington: Remortgage with us and celebrate 25 years
Kensington are celebrating 25 years in business by offering free valuation, free legals or cashback options and debt consolidation for up to 90%. Further details about their offering can be found on the official [...]
Skipton Building Society: What will 2022 hold live webinar
What will next year bring? We really hope you'll be able to join us for the last webinar in our autumn/winter series, where we'll be taking a look back on some of the highlights [...]
Family Building Society: Launch of our mortgage products and applications deadline
The Family Building society have announced some important changes to their range of Owner Occupied and Buy to Let Mortgages. These changes will take effect from the 16th November 2021. Full details can be [...]
ULS Technology: ‘Free’ Legals can end up a massive mistake
While much of the market’s attention this year has been focused on purchases, in large part due to the Stamp Duty holiday, 2021 is in fact set to be a big year for remortgages. [...]
The Mortgage Lender: We Don’t do Limits
We can lend up to £5 million with no limit on the number of properties in the landlord’s portfolio. That’s potentially very useful for your larger portfolio clients as well as companies and LLPs. [...]
Livemore: Why Consumers seeking Re-mortgages need YOU!
It’s a favourite topic of mine, given the size and the shape of the mortgage market and the reach that the Club has. I think we are all agreed about the importance of whole [...]
Landbay: New Limited Edition BTL remortgage only range
New Limited Edition BTL remortgage only range Landbay has launched an exciting range of Limited Edition 5 Year remortgage only products, with rate reductions of up to 25 bps! The products are [...]
TSB removes temporary coronavirus policies for affordability and offer extensions
News from TSB: TSB removes temporary coronavirus policies for affordability and offer extensions TSB has updated it’s temporary criteria relating to coronavirus impact to income and offer expiry, effective from 11 November. Due to [...]
Nationwide: We’re reintroducing tracker products
From tomorrow, Thursday 11 November Having trouble viewing this email? Read Online We're reintroducing tracker products From tomorrow, Thursday 11 November, we're reintroducing tracker products for your clients. Rates will start from 0.79% for new [...]
TSB: Residential rate improvements
Important News from TSB: Residential rate improvements. TSB has made improvements to Residential rates effective from Friday 12 November. Rates reduced on: First Time Buyer and House Purchase · 2 & 5 Year Fixed [...]
Coutts LTV changes
Changes to LTV Parameters for Residential Mortgages Mortgage lending continues to remain a key priority for the Private Banking lending proposition and we are pleased to announce some changes to LTV parameters. These [...]
Bluestone Mortgages An introduction to Complex Credit
Would you like to know how you can help your borrower's with complex credit? In order to help borrower's with complex credit, it is key that a lender is able to understand which event [...]
Halifax Intermediaries – valuation fee changes
On Monday 8 November we will be reducing the mortgage valuation (level 1) fee for purchase applications to £100 for all property values. We will also be reducing the revaluation fee payable on further [...]
BM Solutions – changes to valuation fees
With effect from Monday 8 November 2021, we are reducing our Purchase application Level 1 valuation fees to £100. We are also reducing all revaluation and reinspection fees to £100. This change will apply [...]
Teachers for intermediaries: It’s almost bonus time for your clients!
75% of Bonus income accepted by TFI in Mortgage affordability calculations Read the full update now
Bluestone Mortgages: Right to buy now available!
We've made some exciting changes and we are launching Right to Buy products via selected packagers today. Read the full update now
Natwest: Changes to Product Range
Effective 11th November we are making the following changes to our New and Existing product ranges. New Business New Buy to Let - Remortgage: 60% LTV 2 year deal, 1.53% and £1,495 product fee [...]
The Tipton: Tailored Term Mortgages
Did you know that within our later life lending proposition, clients can choose to adapt their term and repayment method as they plan for their retirement and whilst in retirement, to reflect their changing [...]
Digest: 3 New Updates from Bucks
3 New Updates from Bucks! Keep reading to find out about our 5 year fixed remortgage product, enhanced application process and how you could fast track your clients’ cases! 1. 5 Year Fixed Remortgage [...]
The Co-Operative Bank: Platform Product withdrawal COB 10th November
New Business Premier Buy to Let 2 year fixed rate products at 60% and 65% LTV withdrawn (P265) All other products will remain available. Changes below On Thursday 11 November 2021 we will withdraw [...]
The Mortgage Lender: The low down on the self-employed
Weekly update content – The Lowdown on the Self-Employed: We like to make working with us as easy as possible– helpful info and advice that highlights how we do business and makes your life [...]
Enterprise Finance: Saving a chain break and supporting a quick auction purchase – in just 11 days.
Saving a chain break and supporting a quick auction purchase - in just 11 days. This case is an example of how bridging finance can support auction purchases and complex property chains with ease. The [...]
Lender Focus: West One- Spotlight on HMOs
Spotlight on HMOs: An introduction 2021 has been a strong year for the buy-to-let sector, the rapid growth of property prices in the last 12 months has resulted in rental remaining a popular option, [...]
Mansfield cuts rates by up to 60bps and introduces two new products in a shake-up of its residential range
Mansfield cuts rates by up to 60bps and introduces two new products in a shake-up of its residential range Mansfield Building Society has cut rates on seven existing mortgage products and introduced two new [...]
From Ipswich to Suffolk
From Ipswich to Suffolk: launching 9 November. Suffolk Building Society is the new name for Ipswich Building Society. New name, new look, the same dedication to broker partners. On Tuesday 9 November Ipswich [...]
Foundation Homeloans: Two thirds of self employed think it’s significantly more difficult to secure a mortgage
Our latest research show that almost two thirds of self-employed individuals believe it is more difficult for them to secure a mortgage. And, three out of five believe some lenders don’t want to deal [...]
Landbay: Limited Edition Remortgage Only products now live!
Today sees the launch of our exciting new range of Limited Edition 5 Year Remortgage Only deals, with rates reduced by up to 25 bps! Standard 5 Year 65% LTV @ 2.95% Standard 5 [...]
Keystone: NEW Spectacular Cashback Products
Keystone’s NEW Spectacular Cashback Products Keystone Property Finance are excited to launch their new enhanced cashback offering! This new range comprises of three different tiers for your buy to let landlord clients. The specialist [...]
Vida: BTL Product Changes
We are pleased to announce the re-introduction of our HMO & MUB Limited Edition products and rate reductions on our BTL Expat products. These changes to our BTL product range will be available as [...]
LiveMore: Flexible Criteria
Our flexible affordability criteria paired with our human approach ensures that potential borrowers over 55 get the mortgages they have worked hard for, in the smoothest way possible. Some key highlights include: We have [...]
The Mortgage Lender: What the end of furlough means for mortgages
What the end of furlough means for mortgages To say things have changed in the last couple of years would be an understatement. The way a lot of us work, earn a living and [...]
HSBC: We’ve improved our lending policy
With effect from today, Monday 1st November, we will be making the following changes to our lending policy. Assessing variable income for employed customers We have relaxed our current Income policy by removing [...]
Want to know more about bridging finance? Take a look at Precise Mortgages handy A-Z guide
Want to know more about bridging finance? Take a look at Precise Mortgages handy A-Z guide Following the launch of the Precise Mortgages’ bridging range, we’ve received lots of calls and emails from brokers [...]
Co-operative Bank: Platform Product launch 3rd November
On Wednesday 03 November 2021 we will re-launch our Mainstream and Buy to Let mortgage ranges for both New Business and Product Switching. Product Changes New product codes issued for all products and end [...]
Skipton: We’ve made some changes to our Loan to Income policy
LTI Policy With effect from Monday 1st November we're making the following changes to our maximum Loan to Income (LTI) caps, which will make mortgages more accessible for your clients who meet the criteria. [...]
Hinckley & Rugby: In Focus – Real life Let to Buy cases
As we reach the end of this month’s In Focus updates, this week we will be sharing with you some real-life Let to Buy case studies discussed during our daily Mortgage Referrals Committee meetings. [...]
Legal & General Mortgage Club: Upcoming Events
On-Demand Events Generation Home webinar –available on-demand on the BrightTALK channel: Generation Home: offering an innovative lending approach for first time buyers (brighttalk.com) This proved really popular with advisers and we had loads of [...]
Furness reduces rates on fixed rate holiday let products
Furness reduces rates on fixed rate holiday let products Furness has reduced its fixed rate Holiday Let products which are available across England, Scotland, Wales and even the Isle of Skye. Up to 65% [...]
Lender Focus: Bluestone Mortgages
Bluestone Mortgages, a complex credit lender who takes an holistic approach to every application Bluestone Mortgages is the complex credit mortgage lending arm of Bluestone Group, a fast growing European specialist lending and fintech [...]
Weekly Mortgage Update – 30th April 2021
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: Halifax announce rate [...]
Weekly Mortgage Update – 16th April 2021
Welcome to this week's Protection 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: Digital Mortgages relaunch [...]
Weekly Mortgage Update – 2nd April 2021
Welcome to this week's Protection 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: ESBS launch first [...]
Weekly Mortgage Update – 22nd May
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: Accord, Ipswich Building [...]
Later life planning Update – December 2019
Welcome to this month's lending into retirement Update. Please take the time to read through the update as there may be some information that is important to you. Included in this month's update: Just: [...]
Bath Building Society: An introduction to our services
At Bath Building Society we have a small experienced mortgage team which aims to offer a high standard of personal and flexible service; we are known for our flexible approach to underwriting. All applications [...]
JUST: Our weekly summary
Lifetime mortgage application cycle STAGE 1 Applications received waiting to be worked STAGE 2 Case checked and reviewed for approval (packaged for underwriters) STAGE 3 Case assessed by Underwriters for approval and set [...]
Latest update from Family Building Society – New mortgage rates and products
What do you think of the Family Building Society? Have you completed a case with the Family Building Society recently? If so, how did they do? If you have, can you please share your [...]
CanadaLife: We’ve enhanced our Capital Select Options
We're very pleased to announce that we have enhanced our Capital Select Options. We have: Increased LTVs across all options Decreased interest rates across all options Please note, our adjusted APRs have been calculated [...]
LV= Lump Sum+ Revised Rates
Please note we are increasing rates on our Lump Sum+ product effective Wednesday 18th December. Our new rates are as shown below. The deadline for submission of applications on our old rates is 16th [...]
Weekly Mortgage Update – 20th December 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: Furness appoint their [...]
Metro Bank Manchester is open
Metro Bank Manchester is open, and we’d love to show you around. It’s official – Metro Bank has touched down in Manchester, and we’ve brought our award-winning customer service and great range of products [...]
Santander: NEW! Online payment for valuation and product fees
NEW! Online payment for valuation and product fees From Thursday 12 December, we now accept the payment of valuation and product fees online through Introducer Internet as part of the full mortgage [...]
Furness for Intermediaries appoint new BDM
Furness For Intermediaries (FFI) is delighted to announce the appointment of Amar Mashru as its new Business Development Manager. Amar has over 16 years experience in the field and joins the society having [...]
Foundation Home Loans announce enhancements to buy-to-let product range
Foundation Home Loans, the intermediary-only specialist lender, has today announced a series of criteria enhancements across its buy-to-let product range. The criteria changes have been designed to provide more flexibility to landlord clients and [...]
Nationwide: Tracking your case in NFI Online is the quickest way to get an update
Tracking your case in NFI Online is the quickest way to get an update Curious about where we're up to with your case? Take a look at how we progress cases - you'll find [...]
Important news from TSB: Improvements to ID&V process
TSB has made improvements to it's ID&V process to include acceptance of online EU/EEA/UK bank, building society and UK credit card statements or utility bills for address verification. A paper of pdf copy of [...]
Fleet Mortgages: Introducing our brand-new product guide
Find our new product guide here. We have redesigned the entire document to make the products and criteria easier for brokers to read! We have also extended the initial rate end dates and the [...]
Clydesdale Bank: Quicker decisions, smarter processing when it comes to underwriting
Quicker decisions, smarter processing When it comes to underwriting your application, getting a quick decision and speedy offer can make all the difference. Quicker decisions We’ll assess all of the information you supply [...]
Pepper Money want to help make you mission: possible
The interesting case of the mortgage prisoner Nurse, Grace, felt stuck after being with her current mortgage provider for 8 years and was surprised to find she couldn't remortgage [...]
Scottish Widows: Mental health matters
Read our latest article to find out how we are committed to continuously improving the protection experience for customers with a history of mental health conditions. Find out more
Metlife: Progress your learning into 2020
As we fast approach the end of 2019, it’s time to reflect and plan for a successful 2020. This year, MetLife and MultiProtect have achieved some real milestones. With our innovative accident and health [...]
Co-op: Announce product launch
We have re-launched our Mainstream and Buy to Let mortgage ranges for both New Business and Product Switching. Product Changes Fixed rate end dates remain at end February. New product codes will be issued [...]
Clydesdale Bank: A positive approach to income potential
We understand clients are individuals with their own set of circumstances. That’s why we have the ability to judge each case on its merits. Our latest case study highlights how we take a positive [...]
Metro Bank: We’re bringing it back
Existing mortgage customers with loans up to £2m can choose from our best rates with no fees on our residential products and £500 off our buy to let product fees. Online Rate Switching highlights [...]
Barclays: Keeping you in the know
Hot off the press Latest product changes - Find out about the latest exciting changes across our Residential and Reward ranges. Right to Buy and Shared Equity updates - Readabout our positive change for your Voluntary [...]
Nationwide: Porting application illustrations and NFI online improvements
You're now able to get a Mortgage Illustration for porting applications without the need to complete a Decision in Principle in NFI Online, saving you and your clients valuable time. Porting application guide Download our [...]
Ipswich: Help your clients reach the first rung of the property ladder with a shared ownership mortgage
Shared ownership could be the perfect option for first time buyers looking to get a foot on the hosing ladder, especially if your client has a small deposit. We believe that shared ownership is [...]
Buckinghamshire Building Society: Finding a home for your hard to place cases
A recent report from IMLA ( Mortgage Market Tracker Q3 2019) showed that on average, firms handling specialist mortgages receive 28 DIPs each quarter and of these only 56% result in an offer*. If you [...]
Hanley Economic: Local Building Society Wins National Award
Hanley Economic Building Society has won ‘Best Local Building Society’ at this year’s Mortgage Gazette Awards. The awards, hosted at Millennium Hotel in Kensington, highlight the achievements of those in the mortgage industry looking [...]
TSB: New 2 year fixed remortgage product
TSB has introduced a new remortgage product. 2 year fixed remortgage 75-85% LTV, at 1.54% with £1,495 fee, and the option of either free legals or £300 cashback. Take a look at the updated [...]
Santander: We’re launching remortgage specials and large loan deals up to £5m
We’ve launched a range of Remortgage Specials and large loan deals. These large loan deals will help support customers with balances up to £5m. We’re also reducing selected 2-year fixed rate deals and withdrawing a [...]
The Mortgage Lender: Residential HTB Scotland 80% LTV
I am pleased to announce that we are launching 2 new Residential product ranges tonight after 5.30pm which will be available for selection tomorrow morning, with 1 of these being a semi exclusive. I [...]
Pepper Money: Free valuations and the return of our buy to let flat fee product
Pepper Money want to help make you mission: possible Recent research commissioned by Pepper Money suggests that nearly 7 in 10 (69%) of those who have experienced adverse credit in the last 3 years [...]
Weekly Mortgage Update – 13th December 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: Ipswich are helping [...]
Principality: Taking home awards for mortgage lending and social responsibility
Principality Building Society has received two prestigious national awards for Best Regional Building Society and Corporate Social Responsibility, by the Mortgage Finance Gazette. The Society was awarded the Best Regional Building Society title for [...]
Foundation Homeloans: Is HMO the way to go?
Landlords need more support than ever across a sector where yields, costs and tax benefits are being squeezed. And with product numbers increasing - in terms of volume, variety and in some cases complexity [...]
Metro Bank: Joint borrower, sole proprietor mortgage
A great solution for customers looking to get on to the property ladder with some help from their family. Product highlights Up to four applicants on the mortgage, with a minimum of one applicant [...]
Virgin Money: Improvements to our lending criteria
Virgin Money are a lender who works hard for their intermediary partners. That’s why they’re pleased to announce that they’ve made some improvements to their lending criteria: Affordability They have increased the maximum loan [...]
Clydesdale Bank: Reduce rates
Exciting news! We have reduced rates across our First Time Buyer range. The new rates are live now, we’ve included information on them in the table below. Product Old Rate New Rate 3 Year [...]
Santander: Residential remortgaging without capital raising
Maximum 5.50x income - for residential remortgages where your client is borrowing the same or less. Giving your client a choice of standard legal fees paid or £250 cashback. ERCs apply Free standard valuation up to a [...]
Barclays: Reduced residential and reward rates launching
We are pleased to confirm some more positive changes across our Residential and Reward ranges. Key existing product reductions Reduced - 2.89% 2 year Fixed, £0 product fee, 95% LTV, Min loan £5k, Max [...]
Hanley Economic: Announce new self build product
Our brand new product is for those who wish to build their own second home – you may remember recently we updated our Self-Build application criteria to allow for second homes for self-build projects. [...]
Precise Mortgages: Have you seen our winter wonders yet?
We've introduced some new 5 year fixed rate winter wonders into our buy to let mortgages range. But don't miss out, because just like the tin of Quality Streets in our office, they won't be around for [...]
NatWest: Removal of minimum procuration fee for product transfers
As you are aware constantly and diligently review our proposition, products and services to ensure we are in line with the overall marketplace. On the 12th December we will be removing our minimum procuration [...]
Hodge Lifetime: New holiday let mortgage
We’ve got some exciting news at Hodge: tomorrow we’re launching a Holiday Let mortgage - and this is not just for the later life market, this is a product for all ages. We know [...]
TSB: Announce product changes
TSB has made some product changes. A summary of the changes: Residential rates reduced on: 2, 3 and 5 year fixed, 85-95% LTV, by up to 0.20%. Rates increased on: 5 year fixed Remortgage, [...]
More2Life: Missed our marketing help webinar? Not to worry!
If you missed the marketing webinar from financial services marketing expert Phil Calvert, or couldn't attend our Later Life Lending Symposiums earlier this year, not to worry! Phil's Marketing must-haves for advisers webinar is now [...]
Weekly Mortgage Update – 06th December 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 make [...]
Coventry: We’ve made applications easier
We’ve made our application process more efficient Based on your feedback, we’ve simplified our application process, meaning you’ll no longer need to collect and return your clients’ signed Declaration and Direct Debit mandate form. [...]
Foundation Homeloans: Expected rental yields, profitability and landlord intentions
Over the past few weeks we’ve seen a raft of statistical data emerge from the BTL sector, some of which gives great insight, notably around profitability, yield and landlord intentions. The latest Q3 Landlord [...]
Precise Mortgages: Yule love our new buy to let winter wonders
We’re pleased to launch a brand new set of 5 year fixed rate winter wonders within our buy to let mortgages range. Take a look at the new products below. 3.19% 5 year [...]
The Mortgage Works: Get the latest landlord panel regional snapshot report
A regional view of landlord trends We're pleased to share the final report from this quarter's BVA BDRC Landlord Panel research. Download the report here.
Chorley Building Society: Announce criteria improvements
Chorley Building Society is excited to announce it has entered into the Joint Borrower Sole Proprietor (JBSP) market. We understand that for various reasons, applicants may need to look to a family member to [...]
Virgin Money: Confirmation of product withdrawal
As communicated on Friday, today we have withdrawn the following deal from our Intermediary Exclusive range: 65% LTV 5 Year Fixed Rate at 1.46% with £1,495 fee Additional Information End dates remain at 1 [...]
TSB: Make improvements to rate switch products
TSB have made improvements to rate switch products. A summary of the changes are below: Residential rates reduced on: 2 year fixed 0-60% LTV, rates reduced by 0.10% 2 year fixed 60-120% LTV rates [...]
Kent Reliance: Why we’re good with odd
Our broader criteria means that we can help you support more and more of your clients with specialist cases. Find out how your expertise combined with our criteria could bring extra opportunities your way [...]
Fleet Mortgages: New reduced rates
Fleet mortgages introduces new reduced rate products and withdraw selected products throughout their individual range. These are being replaced with products with a lower initial rate. For more details visit our website here. To discuss a [...]
More2Life: More going on
As usual, there has been a lot going on, so here's your summary of all recent more2life news! Along with a 5* win, there's a marketing masterclass webinar, an underwriting update from Martin Heppenstall, [...]
Weekly Mortgage Update – 29th November 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: Chorley announce criteria [...]
The Right Mortgage & Protection Network unveils 2020 events calendar
The Right Mortgage & Protection Network unveils 2020 events calendar Network announces more than 70 events in 2020; The network kicks off 2020 with its popular peer group meetings; Thousands of members attended courses [...]
More2Life: Capital Choice rates are increasing
The rates on the following Capital Choice plans have increased:Capital Choice Lite Lump SumCapital Choice Lump SumApps on the current rates must be submitted by midnight on 29th November.To take advantage of the current rates create [...]
Nationwide: Selected fixed rate reductions
We've reducing selected 2, 3, and 5 year fixed rates by up to 0.15% and reducing 10 year fixed rates by up to 1.10%. Download our latest product guide. New Business fixed rate reductions 2 year [...]
HSBC: We’re changing our mortgage products
We’ve making a number of changes across our mortgage product range: 2 year fixed standard at 60% to 75% LTV increased 2 year fixed fee saver at 60% and 95% LTV increased 2 year [...]
Santander: Important residential lending criteria changes
On Monday 25 November 2019, we’re simplifying the assessment of retained properties and improving Introducer Internet for Buy to Let. Residential: retained properties Mortgaged let properties (already let/to be let) - We’ll apply a simpler [...]
Buckinghamshire: Real lending, real lives
Buckinghamshire Building Society’s mortgage solutions have always been aimed at helping customers with complex incomes, diverse circumstances, or credit issues to purchase or remortgage their home. Our experienced underwriting team will always listen to [...]
Precise Mortgages: Young or old, experienced or novice landlord – we’re here to help
We understand every customer is different, so our criteria is designed to help as many of your customers as possible. Whether they’re 80 years old at application with no prior experience as a landlord, or [...]
Clydesdale Bank: Decisions you can trust
Whatever your case, our Relationship Partners are here for you. They’re policy experts who are ready to help you submit your case. We help by doing the hard bit upfront and letting you know [...]
Metro Bank: A common sense approach to self-employed mortgages
At Metro Bank, we recognise that the self-employed work in different ways which is why we have a common-sense approach to assessing mortgage applications. Applicants are classed as self-employed if they own more than [...]
The Hanley: New product and product withdrawal
Our Shared Ownership product, MFD335 2.99% fix for 2 years, has fulfilled the tranche. This product has now been withdrawn, if you could update your systems at your earliest convenience that would be appreciated. [...]
NatWest: Rate reductions to core and semi-exclusive residential and buy to let deals
Here’s a full list the changes with product codes in brackets: New Business Semi Exclusive Residential New Products 2 year fixed rate purchase [FO21208] 95% LTV, 2.98%, product fee £0, £500 cashback Rate Changes [...]
The Mortgage Works: Buy to let Barometer
BVA BDRC's Landlord panel results Following on from our recently shared Rental Income and Tenant Demand reports, we reveal the next from our series of quarterly reports with further insight taken from the latest [...]
Just: new business update
Lifetime mortgage application cycle STAGE 1 Applications received waiting to be worked STAGE 2 Case checked and reviewed for approval (packaged for underwriters) STAGE 3 Case assessed by Underwriters for approval and set to [...]
Virgin Money: Keeping you in the picture
We’re well aware of the need to keep you and your clients up to date at all times. That’s why, at each key stage of underwriting your application, we’ll call to let you know [...]
Weekly Mortgage Update – 22nd November 2019
Welcome to this week's Protection 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: Santander release important [...]
LV=: Life changing accidents happen; make sure your clients are protected
We know that clients may think they're invincible, and that accidents aren't likely to happen to them as they don't part-take in 'extreme' activities. However, accidents do happen, and usually when clients least expect [...]
Kensington: Our affordability tracker
The Kensington Affordability Tracker uses the models used by mortgage lenders to calculate the borrowing power of a family, after taking account of bills, transport costs and other household living expenses. It tracks the [...]
Metro Bank: Revolutionising mortgages to create fans not customers
Metro Bank's aim is simply to revolutionise mortgages to create fans not customers Common sense approach to underwriting enabling rapid turnaround times on quality packaged cases Joint borrower, sole proprietor on both residential and [...]
More2Life: Marketing must-haves webinar
Marketing your business in financial services can be complex and support hard to come by, and those who seek support and guidance, and who work smarter will come out ahead. Cue Marketing must-haves for [...]
Fleet Mortgages: Criteria Changes
We are delighted to announce that we will be delivering a raft of positive changes to our lending and product criteria with effect from TOMORROW (Wednesday 13th November 2019). The changes cover a range [...]
TSB: Changes to residential products
TSB have made some changes to residential products. A summary of the changes are below: NEW 5 year fixed house purchase, 0-60% LTV product with £1,495 fee House purchase rates reduced on: 2 year [...]
E-Conveyancer: New fixed rate remortgage
It’s safe to say that Autumn has well and truly arrived – temperatures are dropping and the rain is pouring. This hasn’t stopped us bringing great new functionality to eConveyancer, though, which we know [...]
Precise Mortgages: HMOs in Scotland now accepted
With HMOs generating the highest average rental yields, it’s no surprise that 21% of landlords* say they intend to purchase an HMO property in the future. So we’re pleased to announce we now accept [...]
Clydesdale: Support at every step
We don’t see customers as numbers, they’re individuals with their own set of circumstances. That’s why we have the ability to judge each case on its merits. And we pride ourselves in our more [...]
Virgin Money: Decisions you can rely on
Our straight-up approach to mortgage underwriting means you and your clients always know where you stand. With upfront underwriting, we set clear expectations from the get-go. We’ll let you know our lending decision within [...]
ESBS: Self build mortgage criteria change
With immediate effect we have increased the maximum LTV on land from 50% to 75%. The maximum final LTV, and the LTV as the works progress, remains unchanged at 75%. For more information please [...]
Nationwide: Sharing key information on valuations, fees & case updates
Did you know you can get updates on the progress of your application on the Case Update screen on NFI Online? This includes a summary of the case requirements, the DIP, valuation, offer and [...]
Weekly Mortgage Update – 15th November 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: Metro Bank revolutionise [...]
Later life planning Update – November 2019
Welcome to this month's lending into retirement Update. Please take the time to read through the update as there may be some information that is important to you. Included in this month's update: Buckinghamshire [...]
Just: Lifetime mortgage case study
Allan and Lisa Lim’s story Allan (68) and Lisa (61) have been married for 40 years with a son and two daughters. They have three grandchildren with another on the way. This couple has [...]
LV= Lump Sum + revised rates
Please note we have increased rates on our Lump Sum+ product. Our new rates are as shown below. The deadline for submission of applications on our old rates is 26 November 2019. App fee [...]
Metro Bank: Accepting armed forces help to buy
In continued support of the Armed Forces, Metro Bank is now accepting Forces Help to Buy (FHTB) as a source of deposit for residential capital repayment applications. What is the process? You will need [...]
LV= Equity Release case study prize draw
Here at LV= we are committed to helping advisers help their clients. This winter we want to encourage advisers to share with us meaningful stories where they’ve recommended a lifetime mortgage which has completely [...]
Impact Specialist Finance: HMOs and MUFBs from Landbay
The thoughts that an average buy-to-let (BTL) investor is someone who wanted to get a better return on investment (ROI) by trying BTL with one or two properties, has undergone a radical change in [...]
Virgin Money – Deals available up to 80% LTV for both purchase and remortgage applications
Virgin Money have deals available up to 80% LTV for both purchase and remortgage applications, and up to 75% LTV for portfolio landlord applications. So there’ll be something for everyone in their buy-to-let product [...]
Buckinghamshire Building Society: Last Time Buyers welcome
A recent IMLA’s study: ‘Last-Time Buyers: the challenges and opportunities for 55+ homeowners wanting to move’, found that nearly 200,000 owner occupier housing transactions in England are now made by the over-55s, or so-called [...]
Vida Homeloans: Foster carers income
It is a requirement for Foster Carers to be registered as self-employed and submit an SA302 however, the SA302 will only state the income received after allowances have been applied. Currently, Foster Carers receive [...]
Together: Voluntary right to buy pilot at risk of failing
Almost a year on since the launch of the Voluntary Right to Buy scheme pilot in the Midlands, it’s in serious danger of being considered a failure. The Ministry of Housing, Communities and Local [...]
Santander: Why choose us for buy to let?
We'll consider BTL remortgages with capital raising for personal use up to 75% LTV including debt consolidation. 4% BTL affordability rate available on: Remortgages without capital raising (all products); Purchase or remortgages with capital [...]
Foundation Homeloans: The emergence of specialist lenders
Here at Foundation Home Loans we classify ourselves as a specialist lender but what does this title really mean? Buy-to-let is now widely considered to be a well-established part of the lending furniture. It [...]
Clydesdale Bank: Underwriting? We’re feeling flexible
We know that in this day and age, things are rarely black or white. You need a lender who can be flexible. If you have a complex case, our clued-up team of mortgage underwriters [...]
Pepper Money: Did you know 4 in 10 people with adverse credit are looking for a mortgage broker?
Pepper Money have commissioned extensive research to shed light on the world of adverse credit, to encourage greater understanding and to support more open discussion. Based on ONS data and their own research, Pepper [...]
Crystal Specialist Finance: Funding right when it’s needed!
Fast & Flexible Funding – Award winning expert Bridging Solutions Speed is often the key to success and Crystal are always on the case with Bridging Finance. Our award winning team of experts specialise in [...]
Weekly Mortgage Update – 08th November 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: Deals [...]
Impact: Buy to Let for ExPats
Skipton International are delighted to announce yet another enhancement to their UK Buy to Let mortgage offering to help clients to achieve greater levels of borrowing against their rental yields. Their proactive approach will [...]
TSB: Changes to residential products
We have made a selections of changes to residential products. A summary of changes: Rates reduced on 5 year fixed remortgage 0-60% LTV with £1,495 fee reduced by 0.05% Withdrawal of products 5 year [...]
Santander: You can transfer your client’s residential or Buy to Let mortgage using our online mortgage transfer service.
You can transfer your client's residential or Buy to Let mortgage using our online mortgage transfer service. If the new rate is the same or lower, switch early up to four months before the current deal [...]
Accord: Get the most from Accords new mortgage platform
Accord recently launched their new Mortgage Sales and Origination (MSO) system for residential applications. The good news is MSO makes it quicker and easier for brokers to submit new cases. It cuts out a [...]
Just: Changes to Just For You Lifetime Mortgage
We have made changes to J1, J2 and J3 as follows: Removing the two age bands for J1 (55-69 and 70+) Increasing J1 by 0.25% (based on current interest rates for age band 70+) [...]
Ipswich BS: Clients looking to build their own home, renovate, convert or extend?
Clients looking to build their own home, renovate, convert or extend? Lay the foundations for a successful project with a self build mortgage with the Ipswich. We’re self build experts with years of experience [...]
Crystal Specialist Finance: Complex buy to let made crystal
Ltd Co., HMOs, Mixed Portfolios, Expat Landlords… All made Crystal Clear! Crystal’s dedicated Buy-to-Let team are on hand to help you and your landlord clients with complex BTL cases. We can help with HMOs, [...]
Pepper Money: Adverse credit experienced by those aged 35-44
Pepper Money’s research shows that adverse credit is more common than you might think – 15% of a representative sample of adults have experienced adverse credit in the last 3 years. And 16% of [...]
Virgin Money: Improvements to buy to let rental tests
Virgin Money are a lender who works hard for their intermediary partners. So they’re pleased to announce they have reduced their buy-to-let stress rates. What’s changed…? The interest rate stress on 5+ year fixed [...]
Principality: Joint Borrower Sole Proprietor Residential Products
We've launched two residential joint borrower sole proprietor (JBSP) products. Our joint borrower sole proprietor residential product allows parents, step-parents and grandparents to join their child or grandchild on their mortgage by including their [...]
Precise Mortgages: Has your customer been turned away by a high street lender?
We don't believe a credit blip should stop your customer getting the residential mortgage they want. What's more your customer can now take advantage of our Autumn Specials range even if they have: Up [...]
Weekly Mortgage Update – 01st November 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: TSB make changes [...]
Weekly Mortgage Update – 25th October 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: Coventry for intermediary’s [...]
Legal & General: Be smart, use SmartQuote & new CII GI workshops
Did you know Legal & General’s new quote and apply tool SmartQuote for Intermediaries is now live and available to you via GI Connect? Join Legal & General as they throw out the quote [...]
Kent Reliance: The challenges for first-time buyers
With property prices rising over the past decade, it’s not been easy for prospective first-time buyers. Don’t take our word for it – the numbers speak for themselves. £228,000 Average house price – eight times [...]
Pepper Money: New product launches
At Pepper Money we recognise that due to the current climate we’re operating in, homeowners and property investors are opting to remortgage their existing property whilst taking the opportunity to review their finances and consolidate [...]
Virgin Money: Portfolio Landlord straight balance swap remortgages
Virgin Money assess portfolio landlord straight balance swaps in isolation, not as part of a portfolio. You won’t need to provide a business plan, cashflow or property portfolio details. And the portfolio underwriting policy doesn’t [...]
The Nottingham: New 5 year fixed rates
The Nottingham for intermediaries are pleased to announce we have TODAY reduced and added to our 5 year fixed rate range of residential mortgage products. Our changes include: • Rates from 1.70% • Addition of [...]
Fleet Mortgages: NEW HMO Payrate Product and New Lower Rates
FLEET MORTGAGES INTRODUCES A NEW HMO PAYRATE PRODUCT AND CUTS RATES ACROSS INDIVIDUAL PRODUCTS. Please see the list of new lower rate products below: Fleet Mortgages are withdrawing selected products throughout their individual range [...]
Principality: We’ve updated our Buy to Let and Holiday Let Mortgage lending criteria
We’ve updated our Buy to Let and Holiday Let Mortgage lending criteria, which means we can help support you and your customers even more. We’ve lifted the limits We now lend up to age 85 [...]
Santander: We’re updating selected rates on our new business mortgage range!
We’re improving our new business mortgage range by making multiple reductions across purchases and remortgages. Plus, we’re launching a couple of new Help to Buy: equity loan products for first time buyers. These changes [...]
The Mortgage Lender enhances Residential Remortgage Range
The Mortgage Lender has enhanced its residential remortgage products, introducing additional products with no up-front fees and either £500 cashback or free standard legals. The new remortgage products are available to the whole of the [...]
3MC: New Help to Buy Exclusives Launched
We are pleased to announce the launch of new Help to Buy Remortgage Shared Exclusives with Precise Mortgages. The shared exclusive products are 0.05% cheaper than the equivalent lender core range with the shared exclusives having a £750 cash back. Click [...]
Self-employed clients – Coventry for intermediary’s flexible approach
The self-employed market is growing – don’t miss out. With 15% of the UK workforce self-employed – and the number set to grow – you need a lender who understands how they work. Because [...]
One Family: It’s time to bust these later life lending myths
£3 billion is currently loaned with equity release annually, but according to our survey of advisers there are still some pervasive myths out there. We asked 215 advisers about their clients’ understanding of their [...]
LV: Equity Release can become mainstream within 10 years
Equity Release is a dynamic and ever-evolving market, with equity release products becoming a popular solution for clients in later life who are seeking peace of mind and flexibility. It’s no surprise that more and [...]
Crystal Specialist Finance: No more app fees
We've been talking to brokers about the best way we could help them to process more specialist finance business. We listened and now we've acted... We have removed our Crystal Application Fee on every [...]
Impact: What’s hot?
What’s Hot?? Portfolio Landlords & 85% LTV BTL Over 55’s & Interest Only Adverse from 2.44% BTL 5 year fixed and 3 year ERCs No max age! ** 95 LTV with adverse ** HOT [...]
Accord: New Mortgage Platform Delivers Great Results for Brokers
Over the last 11 weeks we have been rolling out to brokers access to our new mortgage platform, MSO. Access to the new platform is via a separate portal , the links were sent [...]
Newbury Building Society: Not every lender is this flexible
We are committed to applying flexibility to our lending criteria to support the wide range of your client's unique requirements. For example, we can help: Newly qualified professionals Self-employed clients or contractors who may [...]
Precise Mortgages: This week at Precise Mortgages
This week at Precise Mortgages Helping first time buyers branch out - Read now >> Buy to Let Autumn Specials - Read now >> Discover our A-Z of Buy to Let Mortgages - Read now >> [...]
Digital Mortgages: Announce changes to product end dates
We’re changing the end dates on our mortgage products, going live at 8am on Tuesday 15 October. Currently, they’re set to 31 October, and in this change we’re moving them to 31 January. All [...]
Vida Homeloans: Every Mortgage Tells A Story: Specialist Help to Buy
Vida Homeloans is the award-winning specialist residential and buy to let lender for customers who may not fit the criteria currently demanded by high street lenders. Every mortgage tells a story; tell us your [...]
Platform: Launch new product
On Monday 14 October 2019 we will re-launch our Mainstream and Buy to Let mortgage ranges for both New Business and Product Switching Product Changes Fixed rate end dates remain at end January. New [...]
3MC: New 80% LTV buy to let exclusives launched
We are pleased to announce the launch of new 3mc 80% LTV HMO Exclusives with Precise Mortgages. The products are available for both limited companies and individuals. The 2 year product is fixed at 3.49% with [...]
Paragon: Your guide to the Tenant fees act 2019
Are you ready for the abolition of section 21? The government is consulting on the removal of Assured Shorthold Tenancies and the abolition of section 21, 'no-fault' evictions. We look at how these changes [...]
TSB: Speed up your application
To help speed up applications TSB has made it easier for employers and accountants to send in references by secure email. If a reference is needed, as well as sending by fax and post, [...]
Weekly Mortgage Update – 18th October 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: Platform launch new [...]
Ipswich: Dedicated later life products
Clients aged 50 and over looking to remortgage, renovate, move home or gift a deposit to children or grandchildren? A later life mortgage from Ipswich Building Society may be the ideal solution. We have [...]
Just: Changes to just for you lifetime mortgage
As previously communicated the limited period J4 pricing will be available until Thursday 10 October. As from Friday 11 October we will be reducing LTV’s on our J4 series. We will not however be [...]
LV=: Lump sum + revised rates
Please note we have reduced rates on our Lump Sum+ product. Our new rates are as shown below. App fee free (loans of £50,000 or more): LV=AER MER APR Lite 2.79% 2.75% 2.9% [...]
Aviva: Announce changes to interest rates
Interest rates have decreased or remained the same on both the Lifestyle Lump Sum Max and Lifestyle Flexible Option, on new business only. New Business All pre-sales illustrations produced on or after Tuesday 8th [...]
More2Life: Every day brings new choices
Don't settle for less... There's no type of lifetime mortgage client who cannot be helped by our range of lifetime mortgages. From the lowest MER on the market (which fell below 3% for the first time in [...]
Precise Mortgages: One Savings Bank plc and Charter Court Group plc combination confirmed
We're thrilled to be able to announce the completion of the combination between OneSavings Bank plc and Charter Court Financial Services Group plc. This is a very exciting time as we build a bigger, [...]
Barclays: Confirm rate reductions on a number of products
We are pleased to confirm we are reducing the rates on a number of our high LTV purchase and remortgage products within our Residential, Buy to Let and Reward ranges, with new products launched.Reductions will be [...]
Crystal: Complex buy to let made crystal
Crystal’s dedicated Buy-to-Let team are on hand to help you and your landlord clients with complex BTL cases. We can help with HMOs, multi-lets, student lets, large blocks and mixed portfolios. Our extensive lender [...]
Principality: We’ve made changes to our Desk Based BDM Team
Our Intermediary Support Team, based in Cardiff, South Wales, are committed to providing you with their expert support whenever you may need it. We’ve recently welcomed Katie Bevan to the team as a new [...]
More 2 Life: We’ve got your back
Don't settle for less... From the minute you register with more2life you have a dedicated team on hand, together with access to a wide selection of tools and resources; from calculators to market research, and [...]
Pepper Money: The interesting case of the teacher and the lost payments
Teacher, Jemma, brought her house in 1990 jointly with her husband, mother and her mother’s partner. But in 2015, Jemma was being threatened with eviction due to administrative errors through no fault of her [...]
Impact Specialist Finance: Why choose us
Established in 1991 and family owned (previously known as AToM – All Types of Mortgages Ltd), Impact Specialist Finance provide a comprehensive mortgage service arranging all types of mortgages for all types of people [...]
3MC: New DMP residential packager exclusives launched
We are pleased to announce the launch of new DMP Residential Packager Exclusives with Precise Mortgages. The packager exclusive products are up to 0.80% cheaper than the equivalent lender core range with some exclusive products having an [...]
TSB: Announce system update
TSB has made some updates to TSB Mortgage Pro. So, you’ll notice some improved screens when keying a Rate Switch. This won’t change how you apply for a Rate Switch application. It’s just made [...]
Just: Life Time Mortgage update
Lifetime mortgage application cycle STAGE 1 Applications received waiting to be worked STAGE 2 Case checked and reviewed for approval (packaged for underwriters) STAGE 3 Case assessed by Underwriters for approval and set to [...]
Brightstar Hub: Do you have clients who are in an active or recently satisfied DMP?
Brightstar are delighted to announce a new and exclusive residential mortgage range for clients who are in an active, or recently satisfied DMP. Rates start from 3.15% on a 2 year fixed basis. Product highlights [...]
Weekly Mortgage Update – 11th October 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: TSB announce system [...]
The Hanley BS: Announce product withdrawals
We are currently reviewing our product offering to ensure we remain competitive. Please note, we will be withdrawing the following products with immediate effect; Withdrawn Residential Products MDS173: 2.10% Variable Discount for 5 Years [...]
Clydesdale: Quicker decisions, smarter processing
Have you heard about our new service commitment? We’ve listened to what our brokers have been telling us and working hard to improve the service we offer you. That’s why we now aim to [...]
Ipswich Building Society: Refreshed end dates plus 95% 5 year fixed at 2.99%
Good news - we've refreshed end dates on our 2 and 5 year fixed rates! We're also pleased to offer your clients a 95% 5 year fixed rate product, ideal for those looking to [...]
Hodge: What do you think?
Things are changing at Hodge, and we'd like your help to make them even better... We're changing and developing our services and products at Hodge - and nothing shapes the way we do that [...]
Fleet Mortgages: Cuts rates across LTD and HMO products
Fleet Mortgages announce further cuts to 75% & 80% LTV HMO & Limited company rates Click here for our latest product guide.
Pepper Money: Mission Possible
Defaults, CCJs and missed payments shouldn’t get between your client and their mortgage. Pepper Money have designed their 6-24 mortgage products to help borrowers who have missed unsecured payments or had a CCJ or [...]
The Tipton: Enhanced lending criteria
We are delighted to report that gross lending this year is on target to exceed last year’s record level of lending, and to build on this continued success we have made a significant number [...]
Kensington Mortgages: Mortgages for the self-employed
Come to Kensington with your self-employed, contractor or freelance clients. No restrictions on professions Multiple income streams considered Affordability based on latest year’s accounts Simple processes, fast decisions, and mortgages that work for them. [...]
Virgin Money: Notice of product withdrawal
We have launched deals specifically for new Virgin Money BTL portfolio landlords. Clients with four or more mortgaged rental properties (including the new application) will need to select a product from this new range. [...]
Santander: Update rates
Great news! We're reducing some of our mortgage rates. We’ve reduced some of our fixed rate new business mortgage rates, which is great news for your clients who are remortgaging or buying a property. Rate [...]
Crystal Specialist Finance: Announce tasty deal
Nine directors of the same company secured a £1million funding package for their business - through second charge loans secured against their homes. The bosses at The Food Group needed £750,000 to clear an existing bridging loan [...]
Precise Mortgages: Experts in limited company buy to let lending
We've helped thousands of landlords develop their property portfolio since we launched our range of limited company buy to let mortgages in early 2016. Up to four directors / shareholders allowed; No limit on [...]
Impact: New semi-exclusive buy to let
Vida Homeloans have launched a new semi-exclusive Buy to Let through impact packaging: 3.29% 5 YEAR FIXED BUY TO LET Up to 75% LTV £3,495 Product Fee Available for loans from £200,000 to £500,000 Any [...]
Weekly Mortgage Update – 04th October 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: Fleet Mortgages cut [...]
Royal London: Why choose us for protection?
At Royal London, we understand everyone’s unique. That’s why our protection proposition isn’t ‘one size fits all’. Our range of flexible cover options give your clients choice, so you can be confident you’re building [...]
Aldermore: Company buy to let rate reductions
Aldermore have made some changes to their buy to let mortgage range today, giving company landlords better value and options. They’ve reduced rates on their 5 year fixed company buy to let range. Company [...]
LV=: Lump Sum+ Revised Rates & App Fee Free Deal Extension
Please note we have reduced rates on our Lump Sum+ product. Our new rates are as shown below. App fee free (loans of £50,000 or more): LV= AER MER APR Lite 2.96% 2.92% [...]
Coventry: Our simple offset mortgage
Our simple Offset mortgage gives your clients the security they need. Ideal for families who want to make the most of their savings but still have access to their money. Here’s Alex and Emily’s [...]
Kensington Mortgages: Your job done toolkit
To accompany the launch of our new self-employed campaign, we sent you an email yesterday linking to a folder with images, videos and copy you can use to help get the word out to your [...]
Precise Mortgages: Refurbishment buy to let
Refurbishment Buy to Let: Why a correctly completed Schedule of Works is so important Head of Short Term Lending Richard explains why a Schedule of Works is so important to your customer’s future plans [...]
Platform: New product launched
We have re-launched our Mainstream and Buy to Let mortgage ranges for both New Business and Product Switching. Product Changes Fixed rate end dates extended to end January. New product codes will be issued [...]
Principality: We’ve made some changes to our mortgage range
We have made some changes to our residential and buy to let mortgage range. Please see details below: Residential mortgage products: We've decreased, product code (13572) 80% LTV 5 year fixed rate from 2.14% [...]
Santander: We’ve simplified our buy to let lending criteria
All remortgages without capital raising (£4£) now qualify for a reduced 4.00% affordability rate regardless of the product term and mortgage balance on 31 December 2016. All purchases and remortgages with capital raising now [...]
More 2 Life: Latest news
Now is an exciting time as an adviser in the later life lending space. This summer saw more2life's lifetime mortgage interest rates drop below 3% MER for the first time in history! And LTVs [...]
3MC: New Buy to Let Semi Exclusive Launched
We are pleased to announce the launch of a new semi exclusive Buy to Let 5 Yr. fixed rate with Vida Home Loans. The product is fixed at 3.29%, available to 75% Loan to Value [...]
Vida Homeloans: Every mortgage tells a story
Every Mortgage Tells A Story: BTL Expat living and working abroadVida Homeloans is the award-winning specialist residential and buy to let lender for customers who may not fit the criteria currently demanded by high street [...]
Crystal: We understand bridging
Short term finance with United Trust Bank From the everyday to the extraordinary, United Trust Bank offers regulated and unregulated short term loans to individuals, companies, trusts and partnerships. United Trust Bank is an award-winning provider [...]
Virgin Money: Remortgage 5 year fixed rates
Virgin Money have reduced selected rates and launch new deals across their Exclusive residential and BTL ranges. Their new market-leading residential 65% LTV 5 year fixed rates will start from 1.56%, including a new remortgage special [...]
Nationwide: Selected fixed rate reductions
From tomorrow, Wednesday 25 September, we're reducing selected fixed rates by 0.05%, selected Equity Share rates by up to 0.10% and selected fixed rates across our switcher range by up to 0.15%. 2 and 5 year [...]
Weekly Mortgage Update – 27th September 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: Principality make changes [...]
April UK: Too busy to write protection business? Think again…
There is a common misconception that writing protection insurance takes up a lot of time. And when you are busy writing mortgages, you might not be able to dedicate your time to it. This [...]
Newbury Building Society: We have all sorts of mortgages
From Shared Ownership and Help to Buy Equity Loan mortgages to products designed for those looking to borrow into retirement, we’re confident we have something your clients will like. Click HERE to find out [...]
Family Building Society: Have made important changes to their mortgage offering
FBS have made some made important changes to their mortgage offering with effect from 18 July 2019. They’ve withdrawn and replaced their fixed rate products including their Family Mortgage. They’ve also reduced their Family Mortgage interest rates [...]
Principality: We’ve reduced mortgage rates on selected residential and buy to let mortgages
We’ve reduced selected fixed residential and buy to let mortgage product rates within our range. The reductions include the 5 year fixed residential 80% and 85% LTV up to £500,000 products, which have been [...]
Foundation Homeloans: Launches five-year BTL fixed and cuts rates across range
Foundation Home Loans have announced the launch of two new five-year buy-to-let fixed-rate products as well as a series of rate cuts across other products in their range. The two new buy-to-let products include [...]
Virgin Money: Free valuations on buy to let remortgages
Virgin Money love to sweeten a deal! Which is why their buy-to-let remortgage deals come with a free basic valuation. Plus a choice of either free standard legal work or cashback. Helping keep upfront [...]
TSB: Making improvements to a selection of products
TSB has made improvements to a selection of products. A summary of changes are below. Reduced rates: 2,3 and 5 year fixed house purchase, 0-90% LTV, bu up to 0.20% 2 and 3 year [...]
Hodge: Fixed for life retirement interest only
Hodge is pleased to launch our fixed for life retirement interest only mortgage product. As well as being fixed for life there are also no ERC’s at any point should the applicant decide they [...]
Accord Mortgages: Higher max loan at higher LTVs
We have withdrew 6 products at 90% and 95% LTV available up to £750k and £600k on a semi exclusive basis. The product codes are: 50084, 50085, 49907, 50086, 50087, 49910. As a reminder [...]
Cirencester Friendly: New look illustrations
Have you noticed our new look quotations from the iPipeline and Iress portals? We are delighted to announce these are live on all platforms, including our Website. This means you are now able to [...]
Precise Mortgages: Bridging Second Charge Loan rates now from 0.74%pm
We've cut our Bridging Second Charge Loan rates to make them even more competitive for customers looking for a short-term borrowing solution on a fast turnaround. With regulated and non-regulated finance up to 70% LTV [...]
Santander: Customer contact information
As part of the application process we need all areas of the application form completed correctly. This includes your client's mobile number and email address*. This information supports two key areas of the mortgage journey: [...]
NatWest: Make rate changes to core and semi-exclusive residential deals
NatWest have introduced rate changes on selected core and semi-exclusive residential products. NatWest are delighted to be able to announce rate reductions of up to 16bps across our fixed rate product portfolios for both [...]
Weekly Mortgage Update – 20th September 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: TSB make improvements [...]
More 2 Life: A historic period for the later life sector
A historic period for retirement planning The later life lending sector has never been as diverse as it is today. New products are frequently entering the market, and current products are being developed to [...]
Golden Charter: Is it time to talk to your clients about ‘you-know-what’?
Talking about death and funerals can be... well... um... er... a little awkward. But, as a trusted financial adviser, you appreciate that sometimes talking about awkward things now can have significant benefits for your [...]
Just: Flexible cashback reduces LTV to get lower interest rate
Case study: Anika Bansal’s story Anika, 60, lives near Hull and wants a smaller property closer to the coast, without moving too far from her family. She’s keen on an apartment in Bridlington and [...]
Buckinghamshire: New mortgage retirement product
Call us today to discuss your cases. Our flexible approach and manual underwriting means we will listen carefully and make a decision based on each individual circumstances. For older borrowers who are in retirement we [...]
Pure Retirement: The important role of advisers
While the later life market continues to show growth, it’s important we don’t underestimate the important role that advisers can have in the wider process, as having a market that offers a wealth of [...]
Hodge: Launches the UKs first fixed for life RIO
For the first time ever, customers can secure their retirement against rate rises – for life. In uncertain times, security is key for customer finances. That’s why Hodge has created the Fixed-for-Life RIO – [...]
Later life planning Update – September 2019
Welcome to this month's lending into retirement Update. Please take the time to read through the update as there may be some information that is important to you. Included in this month's update: Hodge [...]
The Exeter – Five reasons income protection is worth fighting for
For too long, income protection has lived in the shadows of life and critical illness cover. This is despite a quarter of UK adults saying they couldn’t survive financially if they were out of [...]
Precise Mortgages: New products available
We’re pleased to confirm that we have refreshed our full core Residential and Buy to Let Mortgage ranges. Both are enhanced to include ‘Autumn Specials’ products, teaming great rates with our diverse criteria to [...]
Crystal Specialist Finance: Bridging to first charge buy to let
Requirements A broker introduced us to a client who needed funds to pay back an existing bridging loan and raise capital to purchase 5 additional investment properties to grow their portfolio. Speed was of the essence [...]
Impact Financial Services: Have customers who are looking to build, renovate or extend?
You can’t miss the vast amount of building work going on locally. In the main, it is by large property developers/builders, but we are receiving enquiries from brokers with customers looking to build their own [...]
Clydesdale Bank: Announce rate reductions
Exciting news! We have reduced rates across a number of products in our range. Rate Reductions The following rates have reduced and are live now: Product Old Rate New Rate 5 Year Fixed to [...]
Virgin Money – Exclusive 5 year 65% LTV fixed rates from 1.61%
We have reduced rates across our Core and Exclusive residential ranges. Exclusive Range: 65% LTV 5 year fixed rates will be reduced by up to 0.09% Core Range: 65% LTV 5 year fixed rates [...]
LV – Lump sum + rate change
Please note we have reduced the rates on our Lump Sum+ product. Our new rates are as shown below: LV=AER MER APR Lite 3.02% 2.98% 3.1% 3.04% 3.00% 3.1% 3.06% 3.02% 3.2% 3.09% [...]
Just: Reduce interest rates
We have made changes to our Just For You Lifetime Mortgage. We’ve reduced interest rates on J1, J2 and J3 New J1 and S1 interest rates as follows: Product Available to AER MER APR [...]
Coventry: Announce product updates
Feel good Friday for 5 Year Fixed The first week back after the summer holidays can be tough. The traffic is a nightmare and those sandy beaches feel a long way away. But our [...]
Natwest – Make rate changes to core and semi-exclusive residential rates
NatWest have introduced rate changes on selected core and semi-exclusive residential products. We are delighted to announce rate reductions of 14bps across our product portfolios for both new and existing customers. Full details of the [...]
Vida Homeloans: New Vida headliner rates now live
RESIDENTIAL: 3.09% 2 year Fixed Rate ‘Remortgage Only’ Fee Saver; £0 product fee; up to 70% LTV; Minimum loan £25,000; Maximum loan £1mil; Reduced assessment fee of £49; One free Valuation (where property valued up [...]
Accord Mortgages – What brokers can do that a robot can’t
Technology has transformed every business landscape, and brokers have not been immune to the revolutionary wave. In fact, we have a podcast on what makes the new ‘Digital Broker’. This is where mortgage brokers [...]
Weekly Mortgage Update – 13th September 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: Precise Mortgages launch [...]
The Coventry: Monthly roundup
Been away on holiday? Worried you may have missed an update from us? Well here's what's been happening in August. Our simple offset Our simple Offset mortgage gives your clients the flexibility they need. [...]
Virgin Money: Top up with a top slice
Virgin Money make buy-to-let more accessible by allowing landlords to use their personal income to top up rental income. Personal income can be used on rental shortfalls between 100% and 145%, calculated at an [...]
NatWest: Changes to our intermediary mortgage range
We've made some changes to our mortgage range.You can download a PDF of the updated ranges for New and Existing customers here for a summary of the changes. For a summary of the changes, visit [...]
Kensington: We have lowered many of our residential rates
We're happy to announce that we have reduced many of our rates on the Young Professional, Select, Select Premier (large loan) and Hero mortgage ranges. You can download the new residential guide here. To [...]
Impact Specialist Finance: Mission accomplished
This mission is based on a real case. Individuals have been anonymised to protect their identities, maintain cover, and avoid compromising any ongoing missions. MISSION: The interesting case of the IT consultant and the [...]
Platform part of The Co-op Bank: Product update
We have updated our Mainstream New Business range. Product Changes Fixed rate end dates unchanged. Product codes unchanged. New Business Mainstream 2 year fixed rate 95% LTV temporarily withdrawn Buy to Let No change Help [...]
The Right Loan: Secured Loans are more flexible than you think
Accepting more income means a higher loan amount We can accept income from - Contractors - ee can accept the day rate for Fixed Term Contracts - Second Jobs - 100% accepted (subject to [...]
Keystone: Reduces its rates and moves to follow Bank Base Rate
Buy to let lender Keystone Property Finance has today launched their new range of products. They have reduced 2-year fixed rates by 10 basis points and 5-year fixed rates by 25 basis points in [...]
The Marsden: Age is not a barrier
We don't see age as a barrier to lending, that's why we created our Older Borrower range to give your clients access to a conventional mortgage into and during their retirement. Whether your clients [...]
Canada Life: Announce reduced interest rates
I am pleased to announce that we have reduced the interest rates on our Interest Select Options and Voluntary Select Options. Our new rates are: Product Current interest rate (MER) Current interest rate (AER) New [...]
Tipton Building Society: New 95% Broker Exclusive
Please find confirmation of our new 95% broker semi-exclusive fixed rate which is summarised below. 99% Fixed until 22 Feb 2022 - £999 arrangement fee (AF can be added to the loan) More information [...]
Principality: introduces new discount holiday let products
Principality Building Society has introduced four competitive new discount holiday let products into its range. The products include a 2 and 5 year 60% LTV up to £750,000 with a max loan size from [...]
Weekly Mortgage Update – 06th September 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: NatWest announce changes [...]
Weekly Mortgage Update – 30th August 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: Hinckley and Rugby [...]
More2Life: standing orders available
Your clients can now request to set up standing orders! Not only can your clients make partial repayments on ALL of our plans, but they can do so easily via standing order*. All your clients [...]
Just For You Lifetime Mortgage – case study
Providing an early gift whilst helping to protect some inheritance value Christopher Spencer’s story Christopher is a 70 year old widower of four years living in the New Forest. He met his new partner 18 [...]
Accord Mortgages: complex doesn’t have to be difficult
When it comes to clients with complex incomes it can be difficult to find a ‘mainstream’ lender who’ll consider the loan size your client wants. It can leave you turning to more specialist lenders who [...]
Principality: offering a unique Holiday Let affordability calculation
We stress test our holiday let applications based on the properties’ weekly rental. In addition to the usual packaging requirements we require a letter from a local holiday letting agency confirming the high, mid and [...]
Virgin Money: 80% deals for buy-to-let
Virgin Money have deals available up to 80% LTV for both purchase and remortgage applications, and up to 75% LTV for portfolio landlord applications. So there’ll be something for everyone in their buy-to-let product range. [...]
Platform product launch
On Friday 30 August 2019 we will re-launch our Mainstream and Buy to Let mortgage ranges for both New Business and Product Switching. Product Changes Fixed rate end dates unchanged. New product codes will be [...]
H&R is launching a new marketing initiative in September
H&R for Intermediaries is launching a new marketing initiative in September, following the success of last year’s innovative Mortgage Mission: Possible campaign. Bistro H&R – a deliciously exclusive venue for intermediaries – throws open its [...]
Clydesdale Bank: Interest only mortgages for your clients
When it comes to your interest only clients, we’ve got it covered. Here’s why… We accept cases up to 75% LTV (with a maximum loan of amount of £2m), with part and part loans up [...]
TSB: Rate changes and end dates extended
TSB is making changes to a selection of products. A summary of the changes are below. Reduced rates on: 5 year fixed house purchase 75-85% LTV by 0.05% 5 year fixed remortgage 60-80% LTV [...]
Barclays: Rate change overview
What existing products are we increasing? Residential Purchase 2.77% 2 Year Fixed, £0 product fee, 95% LTV, Min loan £5000, Max loan £375000 will increase to 2.87% 2.99% 3 Year Fixed, £0 product fee, [...]
Coventry: Ten out of ten for 10 Year Fixed
There’s never been a better time to consider a 10 Year Fixed mortgage. For those clients wanting long-term stability or an excellent way to budget, it could be a very attractive option. The great [...]
Ipswich Building Society: Holiday let mortgages
With a holiday let mortgage from the Ipswich, your client can earn a rental income from their perfect holiday home whilst retaining the flexibility to return there for up to 60 days each year. [...]
Paragon: New further advance and switch products
Further advance products Rates starting from 3.35% for portfolio products and 3.30% for non-portfolio; Available on 2 and 5 year fixes; With 75% and 80% LTV options; Across SSCs and HMO/MUBs. View product portfolio [...]
Pure Retirement: Experts in equity release
As part of our continued focus on offering the best products for our customers, we’ve announced enhancements to simplify our popular Sovereign Range. These changes seek to allow even more customers to benefit from [...]
Foundation Homeloans: Landlords more likely to purchase via limited company vehicles
More and more landlords who are looking to purchase a buy-to-let property over the next 12 months intend to do so via a limited company vehicle. The latest landlord research from Foundation Home Loans [...]
Virgin Money: Support for you pro landlords
Virgin Money assess portfolio landlord straight balance swaps in isolation, not as part of a portfolio. You won’t need to provide a business plan, cashflow or property portfolio details. And the portfolio underwriting policy [...]
Kensington: When a hero comes along…
With rates starting from 2.74% Suitable for employed NHS Clinicians (including Paramedics & Nurses), Teachers, Armed Forces Personnel (Army, Navy, RAF), Firefighters and Police Officers... the hero in your community. Help your hero client own [...]
Precise Mortgages: New bridging second charge loan rates
We've cut our Bridging Second Charge Loan rates to make them even more competitive for customers looking for a short-term borrowing solution on a fast turnaround. With regulated and non-regulated finance up to 70% LTV [...]
Principality: We’ve made some changes to our mortgage range
We have made some changes to our residential and buy to let mortgage range. Please see details below: Residential mortgage products: We've decreased, product code (13389) 65% LTV 2 year fixed rate from 1.90% [...]
Brightstar: Refreshed funds for semi-exclusive help to buy product
Following the announcement that Bluestone Mortgages have restricted the distribution for their HTB range, I just wanted to remind you that Brightstar have been selected as one of few partners with access. In addition, [...]
The Nottingham: Product launch
We have launched two new residential self-build products and extended the end date on a number of residential and buy-to-let products. New residential self-build products Product LTV Rate Discount Product fees Product code [...]
Aviva: Equity release interest rate change
Our interest rates have increased, decreased or remain the same on both the Lifestyle Lump Sum Max and Lifestyle Flexible Option, on new business only. New Business All pre-sales illustrations produced on or after [...]
Canada Life: Capital select launch
We're very pleased to announce that we have launched the following enhancements to our Capital Select range this morning: We’re introducing Capital Select Super Lite We’re introducing 3% Cashback across all our Capital Select [...]
Weekly Mortgage Update – 23rd August 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: TSB announce rate [...]
Together’s maximum age at redemption is going up.
House prices are high. Old news. But you may not have realised the impact they're having – not only on how much buyers borrow, but when and for how long. With a huge deposit to [...]
Brightstar: Animated explanation video
As part of our broker awareness campaign, we have launched the first in the series of our animated explainer videos. This one highlights why you should partner with Brightstar and encourages you to book [...]
Accord – July 2019 summary
July application trends 63% on purchase & 37% remortgage Fixed rates account for the majority of business with 5yrs + fixed rates 42 % New Mortgage Platform Coming soon Our new broker platform is [...]
We’ve made our buy to let application process better
We’ve got some great news, we’ve improved our buy to let application process. From next week you won’t need to submit paper application forms for individual and company residential buy to let applications. When [...]
New 90% LTV 3mc Exclusive Launched with Kensington Mortgages
We are pleased to announce the launch of a new 90% LTV 3mc exclusive with Kensington Mortgages. The product has a free standard valuation, £500 cashback, no lender completion fee and is 0.45% cheaper than the [...]
We’ve signed up to the Land Registry digital mortgage deed service
'Sign your mortgage deed' The digital service is available to eligible remortgage customers only, who can sign their mortgage deed whenever and wherever they are. It removes the need for a ‘wet’ signature and [...]
How Precise Mortgages can help your First Time Buyer customers
· Rental history not compulsory - can be still residing with parents · Full gifted deposit from family accepted (includes aunts and uncles) · Minimum income of £15,000 (including overtime/commission/bonus 50% taken) · 1 year’s [...]
Kensington Affordability Tracker has launched!
The Kensington Affordability Tracker uses the models used by mortgage lenders to calculate the borrowing power of a family, after taking account of bills, transport costs and other household living expenses. It tracks the [...]
Support for Expat clients
How the Marsden can provide for your expat clients We're experts in all things expat... We've been providing expert support to your expat clients for over 8 years. Here's our promise: Individual underwriting We [...]
Limited distribution product now available through Crystal
Limited distribution product now available through Crystal West One's new limited distribution Buy-to-Let product range is now available through Crystal, offering faster completions and reduced legal fees for qualifying remortgages, including HMO’s, up to £750k. Rates [...]
Aviva Equity Release – Interest Rates
From Wednesday 14th August 2019 interest rates will decrease or remain the same on both the Lifestyle Lump Sum Max and Lifestyle Flexible Option, on new business only. New Business All pre-sales illustrations produced on [...]
Weekly Mortgage Update – 16th August 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:Aldermore make their buy to let application [...]
Canada Life: Enhances later life lending products
Canada Life has announced that it’s lowering the interest rate and increasing the maximum loan-to-value (LTV) for its buy-to-let and second home products. The annualised interest rates for Canada Life’s buy-to-let Lifestyle and buy-to-let [...]
AIG: Helping your clients leave a gift for their families
Over fifties insurance has become more popular in recent years as funeral costs are continuing to rise1 and people don’t want their families to have to take on the financial burden. They may also be thinking about [...]
Chorley Building Society: Working with The Right Mortgage Network to support older borrowers
Chorley Building Society understands that lifestyles have changed long with the financial needs of borrowers. The Society recognises that the older borrower market continues to grow year on year, and in order to meet [...]
LV=: Giving you the confidence you need when selecting the right provider for their clients
With the growing popularity of Equity Release and the constant market changes, more and more advisers see lifetime mortgages as part of a holistic financial planning process to help their clients in later life. [...]
Just: Funds needed to repay interest only mortgage
Tom and Anna are 75 and 71 respectively and live in Leeds. They currently have an interest only mortgage and the term is about to expire. They’re not keen on downsizing or moving out [...]
Later life planning Update – August 2019
Welcome to this month's lending into retirement Update. Please take the time to read through the update as there may be some information that is important to you. Included in this month's update: Canada [...]
Just: We’re reducing interest rates on our J4 series
We have reduced the JD interest rates on our Just for you lifetime mortgage as follows: Product Available to Cashback Val Minimum Advance Age range Interest rate (MER) without facility J4 Air Mortgage Club [...]
Enterprise Finance: Don’t move, improve!
In the past five years, there has been a five-fold increase in the number of homeowners choosing to remain in their property and renovate it rather than move home.High property prices, increases in stamp duty [...]
Hodge Lifetime: New 10 year fixed rio
We’ve introduced a 10 year fixed rate option for our Retirement Interest Only Mortgage (RIO). We were the first to bring a RIO to market in June 2018 and we keep listening to our [...]
Aviva: Equity release interest rates
Our interest rates have decreased or remained the same on: New business (Lifestyle Lump Sum Max and Lifestyle Flexible Option) Reserve Release (Lifestyle Flexible Option and Cash Reserve Option) New Business All pre-sales illustrations [...]
Family Building Society: The specialists in later life lending
Family Building Society are experts on later life lending and won’t turn away older clients just because of their age. We pride ourselves on being different and have been helping older clients for years. [...]
Crystal Specialist Finance: Lucky dip raffle
United Trust Bank and Crystal Specialist Finance have teamed up to offer you a fast, flexible and dependable short term loans service with a twist... EXCLUSIVELY via Crystal - For every regulated and non-regulated bridging loan [...]
The Marsden: Our short term mortgages could help
Our short-term mortgage product offers an alternative to a bridging loan. Ideal for clients who require a mortgage but haven't sold their current property yet, our short-term lending solution offers a 2 year maximum term [...]
Nottingham: Product launch notification
We have extended the end dates on 3 RIO products and launching one new RIO product. New residential products Product LTV Rate Product fees Product code 2 year fixed until 01/12/21 40% 3.40% No [...]
Accord Mortgages: Semi-Exclusive LTV- Limited Offer
Semi-Exclusive Higher Max Loan at 90% and 95% LTV- Limited Offer It has been three weeks since Accord launched the following semi exclusive products and they just wanted to remind you they are a [...]
The Hanley: Offering loans up to maximum of £1,250,000
We are pleased to confirm that we have increased our maximum loan for self-build mortgages. We now offer loans up to a maximum of £1,250,000 (previously £1,000,000). Other criteria for our self-build mortgages applies [...]
Pepper Money: Getting a mortgage with a less than perfect credit history
Does your client have a less than perfect financial past? This doesn’t mean it’s impossible for them to secure a mortgage. While traditional high street lenders may not be able to cater to your [...]
Clydesdale Bank: Rate reductions and fee offer
Exciting news! We have reduced rates on a number of products and, for a limited time only, are providing a free valuation for purchase applications on our residential fee offer range. Rate Reductions The [...]
Weekly Mortgage Update – 09th August 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: Hodge announce new [...]
Family Building Society: Later life borrowing research
Family Building Society are conducting some research into borrowing in later life and want to understand how your clients feel about it. Complete their survey, carried out by the London School of Economics, and [...]
Keystone Property Finance: Triples cashback on larger loans
Specialist buy to let lender Keystone Property Finance has today increased their successful cashback offering across their entire product range, giving triple the cashback incentive for larger loans. The cashback offering will be available [...]
Masthaven: Launches brand-new website
We know you’re busy so let’s cut to the chase Masthaven’s new website has been built exactly with that in mind. It’s been revamped so you can access all the tools and information you [...]
Newbury Building Society: Sometimes all it takes is a helping hand
Home ownership doesn't have to be a pipedream. There are lots of ways we can help your clients take their first step onto the property ladder. Shared Ownership Help to Buy Equity Loan (and [...]
Enterprise Finance: Creating opportunities with bridging
The speed and flexibility of bridging finance makes it the go-to funding solution for a wide variety of circumstances. A borrower can use bridging to create opportunities for profit where other funding solutions won't [...]
Buckinghamshire: Are your customers looking for innovative borrowing solutions
Are your customers looking for innovative borrowing solutions? Are they struggling to find a deposit or is their income falling a bit short? If they have family members who could support them in purchasing [...]
LV: The transformation of the equity release market
We have produced a Q&A format article with our Business Development Manager, where he discusses the latest market and industry trends for Equity Release. Q: Why do you think the Equity Release market continues [...]
NatWest – Make further rate reductions to residential and buy to let deals
Here’s a full list of the changes with product codes in brackets: Exclusive Residential Rate Changes 2 year fixed rate purchase [FO20454] 60% LTV, decreasing by 7bps from 1.37% to 1.30%, product fee £995, [...]
Vida Homeloans: New help to buy mortgage
We are excited to announce the launch of a new range of HTB specialist mortgage products for first time buyers, movers and remortgagers, including an option specifically designed for HTB staircasing. Our specialist lending [...]
Ipswich: reduced rates on expat, buy to let and later life products
Plus top slicing now available on 2-year fixed rate buy to let We've reduced rates on a range of later life, expat and buy to let products, including our five year fixed and discounted [...]
Furness: Launch 5 year fixed rate holiday let range
Furness for Intermediaries has added two 5 year products to their Holiday Let range. The new 5 year fixed rate products carry a pay rate of 3.34% for cases up to 65% LTV and [...]
Santander: Improvements to mortgage range
Improvements to our mortgage range and withdrawal of £1,000 cashback exclusives we’ve improved our new business mortgage range by withdrawing the 50% LTV Key Account exclusives and introduced these into our standard range at [...]
The Nottingham: Product launch
we are pleased to extend the end dates on 7 residential products. Find out more
Precise Mortgages: Announce new product launch
We have re-introduced the following Buy to Let limited edition product back into the range: Availability: All Buy to Let types 89% fixed for 2 years £995 fee Max loan £500k Tier 1 75% [...]
Just: Increase LTV’s
As from Thursday 1 August 2019, we’re increasing LTV’s on our J2 & J3 series. J2 increases for all customers ages and J3 increases for customers between the ages of 60 to 74. Please [...]
Weekly Mortgage Update – 02nd August 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: Santander make improvements to [...]
Scottish Widows: SM&CR the shift from responsibility to accountability
Don’t delay your preparations for the SM&CR in December. Johnny Timpson explains why senior managers need to address their new accountabilities sooner rather than later. Read now
Fleet Mortgages: Extends offer and valuation times for new build properties
We are delighted to announce that offers for new build properties across our entire product range will be valid for 6 months. We will be making mortgage offers for new-build properties valid for six [...]
Crystal Specialist Finance: Refer non-reg cases to Crystal
Plans to relax for the Summer? If you're turning clients away because you've made plans to relax over the summer, you have too many cases already or because a case might not be your usual area [...]
Just: Changes to our lending policy
We have made some changes to our lending policy. A summary of some of the changes are shown below: Current criteria New criteria as of 22 July 2019 Lending in Northern Ireland Available on [...]
Pepper Money: Marketing tools for you to help promote the 6-24 range
As you may have seen we have been running a Mission Possible campaign. As a part of this campaign we have put together a few marketing tools for you to help promote the 6-24 [...]
Masthaven: Launch new website
Our new website is going live shortly so we’d like to push something out if poss. Lots of good stuff in there including online affordability calculator, live criteria search linked to Knowledge Bank, online [...]
Family Building Society: Celebrating the society’s 5th birthday
July marks Family Building Society’s 5th Birthday. To celebrate they are giving you a chance to win £500! To enter, all you need to do is answer five questions and leave your name and [...]
Foundation Homeloans: Large loan product range
Product summary: 8 products to be withdrawn, these are marked in red with a strikethrough on the attached 10 new products introduced come with a max loan of £1.5m (min £500k) at 65% LTV, [...]
Kensington: New special buy to let rates
We have updated our Buy to Let range with two new rates available from today with a maximum loan amount of £500,000 and a minimum loan amount of £70,000. Up to 75% LTV, 2 Year Fixed [...]
Furness: Wins Best Variable Rate Mortgage Lender
For the second year running, Furness Building Society is delighted to announce that it has been named Best Variable Rate Mortgage Lender in the 2019 What Mortgage Awards. The Society was also highly commended [...]
The Coventry: Product updates
Click on the button below to see our latest product update or visit out website for more information on our lending policy. View our product updates
More 2 Life: Need help marketing your services?
We are excited to offer you a free place at the Later Life Lending Symposium, at your choice of location! Hurry though, places are limited. The Later Life Lending Symposium, hosted by the Equity Release [...]
NatWest: Rate reductions to core and semi-exclusive residential products
NatWest will be introducing rate reductions on selected core and semi-exclusive residential products and buy to let deals. This includes some sizeable reductions across our intermediary exclusive range of up to 84bps and 55bps [...]
Vida Homeloans: Announce rate changes
Vida Homeloans Rate Change Notification We will be withdrawing a small number of BTL and Residential products at 8pm on Tuesday 23rd July: BTL Vida 1, 85%, both 2- and 5-year rates. Residential Vida [...]
Weekly Mortgage Update – 26th July 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: Precise withdraws mortgage [...]
Precise Mortgages: Four easy ways to boost your turnaround times
Ways you can speed up your applications Specialist lending isn’t as complicated as you think. View our top tips to boost your turnaround times and avoid delays. Find out more here. [...]
Enterprise Finance: Funding to meet all of your clients needs
The beauty of a Second Charge mortgage is in its flexibility to be used for a wide variety of circumstances such as: Debt consolidation Paying tax bills Deposit to buy an investment property Business [...]
Buckinghamshire: First time buyer 2 year discount
Highlights 95% discount off SVR for 2 years (payable rate of 3.29%) Available for home purchase for first time buyers only Minimum loan amount £50,000 Maximum loan amount £500,000 Up to 95% LTV £500 [...]
Kensington: Two special buy to let rates
It's been a busy time for Kensington and I wanted to make sure you're kept up to date on our additions to the team, a couple of Special rates and our latest news. Investing in [...]
Vida Homeloans: New summer headliner products
We're pleased to announce the release of four new exciting products as part of our summer headliners campaign. These include: Buy to let 5 year 75% LTV product for individual units including fee saver [...]
Ipswich Building Society: Why a 40-year term could prove a hidden gem
All of Ipswich Building Society’s deals are available up to a 40-year term, with the exception of buy to let. How could your client benefit from taking out a longer term mortgage? Read on [...]
Principality: Holiday let masterclass
You are invited to our local free event on Wednesday 17th July 2019 at the Holiday Inn, Caton Road, Lancaster, LA1 3RA from 9am - 12pm. The morning will be relaxed and informal, focusing [...]
Crystal Specialist Finance: Heavy Refurb Bridging – short term loans to make bigger changes
In July Crystal are committing to extra help and guidance for our brokers on Development Finance and Heavy Refurb Bridging. What constitutes 'Heavy' Refurb bridging? Lenders will have differing criteria for determining this but the following is [...]
Accord Mortgages: Growth series continues its own growth
Accord Mortgages’ ‘Growth Series’, which provides content, guidance and support to brokers to aid their growth, now has over 3,000 brokers signed up to receive £25,000 worth of support material. The initiative, launched in [...]
Clydesdale Bank: Announce rate reductions
Exciting news. We have reduced a number of rates across our range. Product Old rate New rate 2 Year Fixed to 75% LTV - Full C&I 1.74% 1.64% 2 Year Fixed to 80% [...]
Newbury Building Society: Owning two properties isn’t a problem with us!
Mr and Mrs M were looking to purchase a new family home which had a smaller cottage in the grounds for a holiday-let. Both properties are on the same freehold title. A purchase price of [...]
Weekly Mortgage Update – 19th July 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: Clydesdale announce rate [...]
Golden Charter: With a funeral plan, your clients don’t need to leave anything to chance
At the risk of stating the obvious, we’re all going to die someday. It’s not exactly a cheery thought. But, if you don’t help your clients to make provision for their funeral costs, you [...]
Aviva: Equity Release Interest Rate Change
Interest rates have either decreased or remained the same on both the Lifestyle Lump Sum Max and Lifestyle Flexible Option, on new business only. New business and pipeline applications New Business All pre-sales illustrations [...]
Pure Retirement: New improvements to our Heritage range
Great new changes available now New Superlite LTV tier Market leading rates across all 4 LTV tiers Minimum age of 55 for single and joint applicants Simplified options for cashback and fee combinations MER [...]
Later life planning Update – July 2019
Welcome to this month's lending into retirement 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: New [...]
Weekly Mortgage Update – 12th July 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: Kensington announce new [...]
Crystal Specialist Finance: Declined commercial by the high street? Don’t despair
We can help your clients across a range of circumstances including: Adverse credit, projection lead income, non-standard property types, short-term/bridging, interest only 2nd or 3rd charges etc... Specialist Commercial Loans for SMEs to large [...]
Buckinghamshire Building Society: Launches latest discount FTB product
We have just launched our new first time buyers product, a 2 year discount offering a £500 cashback on completion, a 2 year ERC and no product or application fee. You can find full details [...]
Santander: New key account exclusive products
NEW! Key account exclusives (purchase and remortgage)* 2 year fixed Rate Fee LTV 1.35% £999 50% 5 year fixed Rate Fee LTV 1.75% £999 50% *These products are only available to intermediaries who [...]
Bath Building Society: Announce policy changes
Minimum Age Residential loans - 18 BTL - 21 RIO - 55 Shared Ownership London 75% LTV restriction now removed – We are now able to lend up to 95% of the share nationally [...]
The Hanley: RIO mortgages are now available in Scotland
This is a simple note to let you know that our RIO mortgages are now available in Scotland and the Scottish Islands (Scottish Islands by referral). Our normal criteria applies as per residential mortgages. [...]
Accord Mortgages: Latest summary
We have had a great first half of 2019: Business levels remain strong and on plan YTD. Accord BDM’s are seen as first point of contact by a lot of their firms to help [...]
The Mortgage Works: Announce rate change
We've reduced selected New Business 2 and 5 year rates by up to 0.30%. For full details of these updates click here or download our latest product guides. 5 year fixed rate reductions 5 year [...]
Kensington Mortgages – New lower buy to let minimum loan
We're pleased to advise that from tomorrow we will be live with our new LOWER minimum loan amount - dropping from £100,000 to £70,000, helping more customers to achieve their Buy to Let ambitions! [...]
NatWest: Payment card industry data security standard
To comply with PCI DSS (Payment Card Industry Data Security Standard) from Tues 9th July we will no longer capture the customer’s card details on MTE Application forms and Paper application forms. This section [...]
Precise Mortgages: Debt Management Plan
Click here to see the latest factsheet from Precise Mortgages, this time featuring Debt Management Plans (DMPs). Hope you find the content of interest.
LV= How to meet client needs when it comes to Equity Release
Here at LV= Equity Release we understand that clients in later life are different and they require various differing levels of support. With 39 years combined equity release experience, our team of sales experts [...]
Family Building Society have made important changes to their Buy to Let mortgage offering
FBS have made some made important changes to their Buy to Let mortgage offering. From today, they’ve extended the end date on their 3 year fixed rate product by 3 months. There are no changes to interest [...]
3mc: New Packager Buy to Let Exclusives Launched
New Packager Buy to Let Exclusives launched with The Mortgage Lender. Ideal for your clients looking to remortgage or purchase more than one property at a time. Available to 80% Loan to Value for [...]
L&G Mortgage Club: Exclusive 2.99% 5 year fixed rate
L&G club exclusive - 2.99% 5 year fixed rate - 95% LTV option ideal for remortgagers and first time buyers We're pleased to offer you a brand new 5 year fixed rate product, exclusively for [...]
Keystone Property Finance: Introduces cashback across all products
Following a successful three months with the purchase only cashback product, Keystone have now decided to introduce the popular cashback offer on all products for both purchase and remortgage transactions. The cashback offered is [...]
Pepper Money: Launches new website
As part of their journey to become a bank, Pepper Money has launched their new website, www.pepper.money, with new features and a brand new look. The new website will allow brokers to: Seek out [...]
Kensington Mortgages: Launch new residential large loan rates
We have introduced a new, additional 75% LTV on 1, 2 and 5 year fixed rates on our Large Loan range. For this range, we have also introduced a new maximum loan amount, to [...]
Brightstar Hub: New semi-exclusive buy to let criteria and other educational content
Please find below details of our semi exclusive buy-to-let criteria from the newly refreshed range with Landbay, and other educational content we thought would be relevant. Access the semi-exclusive features of the refreshed Landbay [...]
Vida Homeloans: Summer headliners
We’re pleased to announce our four new exciting products, as part of our ‘Summer Headliners’ campaign. These new products are: VIDA 1 BTL 5 YEAR 75% LTV – 3.54% Also available on a Fee Saver [...]
Precise Mortgages: DMPs & DAS (Debt arrangement schemes)
Can consider Debt Arrangement Schemes (DAS) & DMPs up to 85% LTV; DMP/DAS can remain post completion (max 75% LTV); Unlimited Capital raising considered, including for Debt Consolidation & clearing DMP/DAS; Can consider adverse [...]
The Marsden: Win £100 Amazon voucher
Win a £100 Amazon voucher - take our survey for a chance to win! Tell us what you think for the chance to win a £100 Amazon voucher! We like to think we're a [...]
Newbury Building Society: Do you have clients purchasing new-build properties?
Do you have clients purchasing new-build properties? If the answer is YES, then we're here to help them take the next step up the property ladder. Click here for further information. Don't forget: No [...]
Virgin Money: Want to know what documentation to send us?
We know how important super-smooth service is to you and your clients. It helps you get them on, and up, the property ladder. That’s why we want to give you the support you need [...]
Just: Reduction to interest rates
We have made changes to our Just For You Lifetime Mortgage. In summary we are: Reducing interest rates on J1, J2, and J3 Increasing LTV’s on J3 Please see details below: New J1 interest rates [...]
Buckinghamshire Building Society: We have closed our FTB product DF08
We have closed our FTB DF08, and will accept any DIPs outstanding until 9th July. We will be launching a new FTB product very shortly. Product closing: First Time Buyer PRODUCT INITIAL RATE DISCOUNT FROM [...]
Weekly Mortgage Update – 5th July 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: Kensington launch new [...]
Weekly Mortgage Update – 28th June 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: Halifax make product [...]
Virgin Money joins forces with Clydesdale
In October 2018, Virgin Money joined forces with Clydesdale, which provides accounts under the names of 'Clydesdale Bank', 'Yorkshire Bank' and 'B'. Since then we’ve been working hard to bring the two businesses together as [...]
Pepper Money announces new website launch
Pepper Money announces new website launch Pepper Money has announced that it will launch a new website, featuring improved content and navigation, next week. As part of Pepper Money’s ongoing journey to become a bank, [...]
Virgin Money: Offers in a flash
Virgin Money know getting things done quickly can make all the difference when it comes to writing new business. It’s why they offer day 1 underwriting and instruct valuations straightaway. It’s also why they have [...]
Just: What do lifetime mortgage clients really look like?
With more people unlocking property wealth to help boost funds during retirement, the profile of lifetime mortgage clients is widening. Learn the many ways that lifetime mortgage client profiles differ around the regions.
HSBC: You can now product switch all existing HSBC mortgage customers
You can now product switch all existing HSBC mortgage customers It doesn’t seem that long ago that we told you about our new product switching process. Well, we’ve developed the process even further and you [...]
Fleet Mortgages Cuts Rates and Simplifies Product Range – Amended Product Guide
Please see below our amended product guide to reflect changes to our range effective from 26th June Please note we are still offering STD 3.59% pay rate products. View product guide [...]
Newbury Building Society – Joint-borrowing case study
Naomi and Lydia wanted to buy their first home. However, the couple didn't have the financial history to prove they could make the monthly remortgage payments. So Naomi's mother, Diana, turned to us for help [...]
Ipswich BS: first lender to offer like-for-like remortgages giving a lifeline for mortgage prisoners
If you have clients struggling to remortgage to a new lender due to not meeting the affordability assessments – read on! Ahead of the FCA’s consultation on mortgage prisoners we’re the first lender to utilise [...]
Masthaven: taking the pulse of specialist lending
The results from our latest Broker Beat survey - thanks to those of you who took part and raised over £500 for charity in the process - shine a positive light on the UK's [...]
The Nottingham: product launch notification
From 25th June 2019, we will be extending the end dates on one residential self build product and two buy-to-let products. Illustration and AIP submission by: 8am 25th June 2019 FMA submission by: 5pm 25th [...]
Crystal: We won’t be beaten on short-term loans!
Crystal Specialist Finance specialises in providing short-term bridging finance. The products our panel of lenders offer are comprehensive and cover a range of terms, circumstances and property types.Bridging finance can generally be arranged quicker than [...]
The Mortgage Works: NEW Regional Snapshot Report
A regional view of landlord trends This quarter, we're pleased to share key insights taken from the BVA BDRC Q1 2019 Landlord Panel research through a series of new regional reports. Download the full [...]
Hodge: we’ve made important changes to our Downsizing range
At Hodge, we’re used to leading the way in the later-life lending market, and we know listening to our customers is the best way to do that. So, we asked for feedback from our customers [...]
Repayment Mortgages at Family Building Society (FBS)
Did you know FBS stress test affordability at pay rate rather than stress rate for their 5 year fixed rate products? They also offer mortgages up to a maximum age of 95 at the end [...]
Halifax: product rate changes
From Monday 24th June 2019 Halifax are making the following changes to the product range: Rate reductions on selected 2yr and 5yr Remortgage products Please view the below rate guide for further details of [...]
Weekly Mortgage Update – 21st June 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: Halifax & Clydesdale [...]
Santander: Mortgage Terms of Business and Data Protection Agreement
From Monday 24 June 2019, we're updating our Mortgage Terms of Business and Data Protection Agreement. An email will be sent to brokers on this day to advise them of the change. We'll be making [...]
Clydesdale Bank Product Changes
Clydesdale Bank Product Changes We're making changes to some of our Buy to Let products. What’s Changing The following products are increasing rate: The deadline for submitting fully packaged applications on these products [...]
Chorley Building Society working with The Right Mortgage network to support Older Borrower
Chorley Building Society understands that lifestyles have changed long with the financial needs of borrowers. The Society recognises that the older borrower market continues to grow year on year, and in order to meet the [...]
Newbury Building Society: Do you have a client looking for a holiday buy-to-let mortgage?
Did you know: one in five British holidaymakers are planning a staycation in the UK this year - opening up a range of holiday-let opportunities for landlords. Do you have a client looking for a [...]
Crystal have our own dedicated team of underwriters at Together
Handling first and second-charge mortgage applications, and all Consumer Buy to Let mortgages, Crystal has access to highly skilled underwriters, an underwriting team leader, and other members of the senior team at Together. They're there [...]
Kensington have new Buy to Let rates coming
NEW BUY TO LET RATES FROM TUESDAY 18th JUNE Please note we are updating our Buy to Let range from Tuesday 18th June 2019. CURRENT RANGE SUBMISSION DEADLINES To submit a case on our [...]
Solutions to complex borrowing needs from Family Building Society (FBS)
Did you know, the FBS can lend to UK and foreign nationals living in the UK, who are paid in a foreign currency, and UK citizens working abroad? FBS can offer Owner Occupier mortgages on [...]
Halifax product changes
From Monday 17th June 2019 Halifax are making the following changes to the product range: Product rate changes 3 year fixed rate products reduced by up to 0.24%: 3 year 0-60% loan to value [...]
Later life planning Update – June 2019
Welcome to this month's lending into retirement 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: Canada [...]
Just: Helping your clients realise their untapped wealth
Your client’s home is more than just bricks and mortar. It houses a wealth of memories. So why would they necessarily sell their property when they can release some of the equity tied up in [...]
Canada Life: £0 completion fee, for a limited time only
We’re pleased to confirm that, following fantastic feedback from the market, we’re extending the completion fee waiver on all Capital Select Options. The completion fee will continue to be reduced to £0 on all Capital [...]
Pure Retirement: Empowering Your Clients
Heritage Product Launch Pure Retirement are excited to announce our new Heritage Range which offers ERC-free partial repayments to the whole-of-market for the first time. We have responded to the diverse needs and priorities of [...]
LV=: Giving financial advisers the confidence they need when selecting the right provider for their clients
Chris Smyth – Business Development Manager, LV= Equity Release With the growing popularity of Equity Release and the constant market changes, more and more advisers see lifetime mortgages as part of a [...]
More2Life: Extra support for advisers is more important than ever…
Have you ever spent a lot of time helping a client, finding them the most seemingly perfect financial solution for their needs, and creating a KFI, only for it all to stumble over a [...]
Golden Charter: With a funeral plan, your clients don’t need to leave anything to chance.
At the risk of stating the obvious, we’re all going to die someday. It’s not exactly a cheery thought. But, if you don’t help your clients to make provision for their funeral costs, [...]
Weekly Mortgage Update – 14th June 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: Barclays make changes [...]
Precise Mortgages: Improvements to Refurbishment Buy to Let
Precise Mortgages is delighted to announce that Permitted Development Rights is now accepted on its popular Refurbishment Buy To Let proposition from Tuesday 11 June. Works completed under selected Permitted Development Rights, those where [...]
Pure Retirement: Empowering Your Clients
Heritage Product Launch Pure Retirement are excited to announce our new Heritage Range which offers ERC-free partial repayments to the whole-of-market for the first time. We have responded to the diverse needs and priorities of [...]
More2Life: Taking Maximum Choice to the Max
Maximum Choice is now available with reduced rates and even higher LTVs, in order to give your clients even more choice and flexibility than ever before! View Rates & LTVs Here's a [...]
Just: What’s the difference: lifetime mortgages and retirement interest only mortgages
Retirement interest only (RIO) mortgages and standard interest only lifetime mortgages are similar, as they allow your clients to pay the interest on the loan monthly. However, there are significant differences. With both products, the [...]
Santander: In the know…Simplifying self-employed applications
We accept an accountant's certificate up to 90% LTV. Please make sure... ...to use the most recent accountant's certificate on our website. ...the accountant provides a projection to support using latest year's figures where [...]
Ipswich Building Society: Reduced self build rates and NEW self build hub
NEW SELF BUILD HUB NOW LIVE PLUS reduced self build product rate We're reducing our self build product rate to 3.99%. Loans are available for purchase or remortgage up to £750k and for borrowing up [...]
Kensington: Home of the hero mortgage
We understand that certain professions aren't a typical Monday to Friday, 9 to 5, and that sometimes the people in these professions are dedicating themselves to better our nation, our community, our friends and [...]
TSB: We’re making some improvements to our Residential products
TSB is improving a selection of Residential rates including: Reduced rates on 5 year fixed, 0-85% LTV, House Purchase products, by up to 0.10%. And reduced rates on a selection of 3 & 5 year [...]
The Marsden: Free your mortgage prisoners
The charges: Over the age of 55 In or approaching retirement With an interest-only mortgage but not yet able to repay Lender won't extend their mortgage term due to their age The reward: [...]
Nationwide: Extended Remortgage offer period
From Monday 10 June, Remortgage offers will now be valid for 180 days. This change, along with further enhancements to NFI Online, has been made after listening to your feedback. The other changes include: NFI [...]
If you have a case that is hard to place – why not take a look at how Buckinghamshire Building Society can help
Everyday we receive enquiries from brokers looking to place complex cases with us. This can mean anything from income from various sources, credit issues or multiple loan parts. Handling these types of cases is what [...]
Platform launches new website
Platform has launched a brand new website that is easier and quicker to use. They've worked with brokers like you, and co-created a website to suit your needs to help save you time. Easier to [...]
The Mortgage Works: Our new look Rental Income Analysis Report
Within our Q1 2019 Rental Income Analysis Report, we take a closer look at rental trends, landlords' future rental intentions and more: Download our new Rental Income Analysis Report Download now [...]
Barclays make product changes
We are pleased to confirm we are making positive changes across our product ranges effective from Friday 7th June. Key changes include: • Launching two market leading five year fixed rates at 60% & 75% [...]
Virgin Money: Offer validity period extended
We regularly review our lending policy, considering feedback from intermediary partners and looking at where we can make a difference. After making improvements to our lending policy in March we didn’t just want to [...]
Precise Mortgages: Buy to let product withdrawal
This is a reminder that we have withdrawn the following buy to let products: Products being Withdrawn Existing Product Codes BTL & Top Slicing 1.99% Fixed for 2 Years UZV69 2.99% Fixed for 2 [...]
Aviva: Equity release early repayment charges
Gilts used on both the Lifestyle Lump Sum Max and Lifestyle Flexible Option, for new business, reserve releases and additional borrowing will change. Gilts for additional borrowing or reserve releases under closed (for new [...]
Family Building Society: Have made important changes to their mortgage offering
FBS have made some important changes to their mortgage offering. From today, if your client has a National Counties mortgage and wants to switch product or borrow more, they can now choose from our [...]
The Mortgage Lender: Rate and criteria changes
We have made some changes to our residential and help to buy products. The changes are: Residential CCJs maximum £2,500 in 36 months. No change to other CCJ measures across the range. Help to [...]
LV: Lump Sum+ Life time mortgage rate change
LV= Equity Release have reduced their interest rates on Lifetime Mortgage Lump Sum+ on lite, standard and max LTVs. To view the latest product rates please visit their LV= for Adviser page. Lump [...]
Keystone Property Finance: Reduces standard and specialist rates
The specialist buy to let lender Keystone Property Finance have reduced their three and five year fixed rates in the standard and specialist range by 21 basis points. Keystone are now offering a three [...]
Vida Homeloan: LTV up to 75% for expats living outside the EEA
Grow your Expat BTL market with Vida. Our Expat offering includes maximum LTV of 75% for non-EEA residents. In addition to lending on properties owned by Expat individuals we will also lend to SPVs [...]
Ipswich Building Society: Maximum loan size increase
Latest News: we’ve increased the maximum loan size on our 75% LTV mortgages including later life options, plus on our 80% LTV self build deal too - with loans now available up to £750k. [...]
Foundation Homeloans: Announces product refresh
Please see update to our product range: All existing products withdrawn. Any withdrawn products which have been re-introduced have the previous shortcode specified in the ‘Y’ column of the Products tab in the attached. [...]
Just: SOLLA accredited online training
Register now for the Just sponsored SOLA online training module. You will get a certificate in older and vulnerable customer care following completion of the module. What’s it all about? Working with recognised experts [...]
Kensington: Join us on the 10th June for an exclusive preview
I’d like to invite you to our next Power30 webinar, where we will give you a preview of how we’ve created our new product range which launches very soon! Through our data modelling tool [...]
iPipeline: Customer portal is now available
The iPipeline customer portal is here! We have now made it even easier to get support for our products with our new customer portal. Our easy to navigate site is user-friendly and optimised to [...]
Weekly Mortgage Update – 7th June 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: The Mortgage Lender [...]
Ipswich Building Society: Max loan size increased to £750k on selected products
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
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
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 [...]
LV: Lump sum rate change
Please note we have reduced rates on our Lump Sum+ product. Please also note that we are extending our special application fee free deal on new cases with loan amounts £50,000 and over to [...]
Hanley Intermediaries: Product updates
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
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
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
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
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
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
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 [...]
Atom Bank: Our rates are changing
We’ve made rate changes across our range of residential mortgage products. Here’s what you need to know: End dates are changing from 30 June to 31 August on all products We’re decreasing prices on [...]
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 [...]
Marsden: Honey I shrunk the house
Downsizing as a repayment vehicle If your client is retired and coming to the end of their interest only term, they may be considering 'shrinking' and downsizing in order to pay off their mortgage. [...]
Precise Mortgages: Re-launch buy to let limited edition
We have made some changes to selected Buy to Let products. These include: Increase in minimum loan size to £100,000 on all limited edition products that are currently at £25,001 – see attached list of [...]
Furness: Launch market leading fixed rate
Furness for Intermediaries is delighted to announce the launch of a new intermediary market leading 2 year fixed rate. Offering a rate of 1.39% and a fee of £1,250 the product leads the market [...]
Vida Homeloans: Self Employed Product Profile
Professional mortgage brokers are well-placed to assist the self-employed in obtaining a mortgage, using specialist lenders such as Vida Homeloans who assess each individual on their own merits using specialist underwriters, rather than the [...]
Foundation Homeloans: Launch large loan product range
We are pleased to launch our large loans on F2 product Range. Key information 6 New products Two on standard occupancy type (Ltd Co and Individual) Two on HMO occupancy type (Ltd Co and [...]
More2Life: Come and see us at NLLAC
We are delighted to be attending and sponsoring this years NLLAC at the Royal Berkshire Conference Centre on the 25th June 19. Book your ticket here. Come and see a knock-out keynote speaker This [...]
Virgin Money: Help at hand for your amateur landlords
We’re not just here for the pros with portfolios. We’re at home helping those newbies dipping their toes in buy-to-let too. That’s why: Your landlords can use their personal income to top up rental [...]
Santander: Buy to let remortgages without capital raising
Affordability Minimum rental cover at affordability rate on an interest only basis: Rental cover Affordability 125% 5 year fixed All other products 4.50% (no porting) 5.00% Please note: all applications need to be self-financing. [...]
The Nottingham: Announce three new cashback products
The Nottingham for Intermediaries is pleased to announce we have added three cashback products to our residential mortgage range. Available for purchases and remortgages Free property valuation Range of 2 year fixed rates: 2.25% [...]
Hanley Economic: Criteria Update
We at Hanley Economic Building Society / Hanley Intermediaries are pleased to confirm our latest criteria update. Previously, we would only lend on flats up to 5 floors (or higher in London but properties [...]
Family Building Society: Help your clients looking for an interest-only mortgage
How can the Family Building Society help your clients looking for an interest-only mortgage? Find out why they’re different.
TSB: New 10 year fixed product transfer and rate reductions
TSB has added a new 10 year, with 5 year ERC, fixed product, reduced rates and extended end dates to end of August on product transfers. Product transfer New 10 year fixed 0-90% LTV [...]
Crystal Finance: Earn an extra £250 for every unregulated bridging case
Earn an extra £250 for every unregulated bridging case you complete through Crystal before the end of June 2019*. For May and June we are giving every broker who completes a non regulated bridge through Crystal [...]
Weekly Mortgage Update – 24th 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: TSB launch new [...]
Weekly Mortgage Update – 17th 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: NatWest announce rate [...]
Santander: Customer contact information
As part of the application process we need all areas of the application form completed correctly. This includes details of your client's email address and phone numbers which help us improve the processing and [...]
Marsden: They’ve found a place… but can you?
Get your younger borrowers onto the property ladder with a Joint Borrower Sole Proprietor (JBSP) mortgage. Newly launched, it gives up to two applicants with lower incomes the opportunity to combine resources with up [...]
The Hanley: Announce new product
We are pleased to announce the release of our brand new Residential Shared Ownership product; MFD307 3.09% Shared Ownership for 2 Years 95% LTV (of applicants share) For more information click here. [...]
Foundation Homeloans: Update product range
Please see update to our product range below: One new product, (1920FB6025) to be available from the morning of 16/05/2019 Two existing products, (1920FA6021 & 1920FB6021) to be withdrawn from the morning of 17/05/2019 [...]
Bluestone Mortgages: Help to Buy now has a Limited Tranche
Bluestone Mortgages have limited the distribution of their Help-to-Buy range and TFC Homeloans is one of the few named routes. The tranche for this range is extremely limited and you will need to get in [...]
Pepper Money: Got a client who’s had a default in the last 2 years?
Got a client who's had a default in the last 2 years? With Pepper Money, it’s Mission: Possible Defaults and CCJs shouldn’t get between your clients and their mortgage. Pepper Money’s 6-24 mortgage range [...]
More 2 Life: We would love your vote
Advisers have been at the heart of our transformation from a small, specialist lender writing less than £100m of business a few years ago to a major influence in the market. Your support is [...]
Kensington: New residential rates
We have expanded our Residential range to include nine new rates. In our updated guide you'll find six new rates added to our Select range as well as three additional Help to Buy rates [...]
Accord Mortgages: Now accept online documents as proof of ID
You’ll be pleased to know that from today, we now accept online bank statements and utility bills as identification for your clients. The online documentation must contain your client’s name and address. It also [...]
Vida Homeloans: New build – no problem
New build - no problem! Flats & Houses accepted up to 90% LTV; 6 month offer and up to 6 month extension available; Now accept completion certificate instead of re-inspection; Vendor and Builder Gifted [...]
Natwest: To make rates changes to core and semi-exclusive residential deals for new business
NatWest have introduced rate changes on selected core and semi-exclusive residential products, as well as introducing some new products for existing customers. Here’s a summary of the changes: New Business Core Range Purchase: Rate [...]
Precise Mortgages: New 2 Year Fixed Buy to Let Products from 1.99%
Amazing news everyone! We’re launching three new 2 year Fixed BTL products with rates from 1.99% to help support our improved Top Slicing proposition! Our new Top Slicing proposition is already proving popular with [...]
The Coventry: Our new product range for Portfolio Landlords
We’ve introduced a new range of products for landlords. Portfolio Landlords who have four or more buy to let mortgaged properties, including the property they’re applying for will need to choose from this product [...]
Canada Life: We’re waiving the completion fee on our Capital Select Options
We're pleased to announce that we're waiving the completion fee on all Capital Select Options. The completion fee will be reduced to £0 on all Capital Select KFIs which are generated between 10am today, Monday [...]
Marsden: We’ve refreshed our products
We've made some changes to our Older Borrower, Retirement Interest Only, Expat Residential and Expat Buy to Let products. Find out more about what's changed for you and your clients below: Older Borrowers NEW 2, 3 & 5 year products 2.89% fixed [...]
LV=: Helping you help your clients to stay in good health
Knowing what really matters to clients and how to support them as a financial adviser is a big challenge. As providers we have a significant role to play in helping advisers help their clients [...]
Just: Plugging the interest only gap
The number of new interest-only mortgages sold has fallen steadily in recent years following a change in lenders’ criteria. However, there is a still a high proportion of these mortgages due to mature every [...]
Canada Life: Unlock more property wealth flexibly
New addition to Canada Life’s Capital Select range lets over 60s unlock more property wealth flexibly Canada Life Home Finance has today launched Capital Select Platinum Plus, offering homeowners aged 60+ the chance to [...]
Later life planning Update – May 2019
Welcome to this month's lending into retirement 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: Unlock [...]
Nationwide: Regionalised Dedicated Broker Support
We're focused on supporting you and your clients' needs. That's why you have a dedicated Business Development Manager. PLUS, a new team of expert Business Development Advisers in each region, just a call or [...]
Hodge Lifetime: We’ve made some changes
At Hodge, we're continually asking for feedback and listening to what you want, with this in mind, here's another way we are offering a helping hand to both you and your clients. Our latest changes, are available [...]
The Mortgage Lender: Expat buy to let product
Ex-pat applications are subject to additional, enhanced underwriting and further information may be requested to support the application. If any of the applicant’s are UK based, the application will be processed as per the [...]
Digital Mortgages: New lending criteria
We’ve got some fresh updates to our lending criteria, including changes to help more of your customers buy their dream homes. You explained that you wanted to see higher loan amounts for customers earning [...]
Canada Life: Introducing Capital Select Platinum Plus
We're pleased to announce that we've launched Capital Select Platinum Plus. Capital Select Platinum Plus offers: £0 completion fee (until 21st June 2019) Free valuations with no cap 10% repayment facility each year with no [...]
Santander: Help to Buy: equity loan scheme applications
To help make submitting your Help to Buy: equity loan scheme applications a quick and easy process, here are some simple tips to keep your cases moving. Please select the Help to [...]
Enterprise: Bridging for opportunity
The speed and flexibility of bridging finance makes it the go-to funding solution for a variety of circumstances and not just the classic broken property chain scenario. A borrower can use bridging to create [...]
Family Building Society: Joint Mortgage Sole Owner (JMSO)
Did you know that the Family Building Society’s JMSO arrangement enables family members to help each other realise their housing goals? Why not see if their JMSO arrangement can help your clients. Click here [...]
Marsden: Why choose the Marsden for your Older Borrowers?
Trying to place borrowers aged 55+? We've developed a product range tailored to your older borrowers. But why choose us? We offer interest only & repayment on conventional mortgages for those age 55+ We [...]
Chorley BS: Expands Business Development Team
Chorley Building Society has expanded its Business Development Team with 2 new appointments in recent weeks. Lottie Clayton and Gemma Kinsman join the team having both previously worked as underwriters for a number of [...]
Clydesdale Bank: Rate reductions
Exciting news. We have reduced a number of rates across our range. Rate Reductions The following rates have reduced and are live now: Product Old Rate New Rate 2 Year Fixed to 85% LTV [...]
Precise Mortgages: Top slicing now available across our entire Buy to Let product range
Precise Mortgages is always looking for new ways to help landlords. Our newest initiative is the extension and automation of top slicing across the entire Buy to Let product range. Top slicing allows landlords [...]
Fleet Mortgages: Introduce new enhanced criteria and product range
Fleet Mortgages are launching a new range of products including 80% LTV options plus further enhanced criteria which will be available from Monday 13th May 2019 – As a result our current range is changing on Friday 10th May [...]
3MC: New Paragon Bank exclusives launched
We are pleased to partner with Paragon Bank and launch their new Packager Exclusive Residential Range. A product range designed for your landlord clients seeking an owner occupied mortgage. Packager Exclusives Rates from 3.55% Available to 85% LTV [...]
Weekly Mortgage Update – 10th 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: Clydesdale Bank announce [...]
The Mortgage Works: New business rate reductions and updates to our product range
We've made changes to our product range. Plus, we're extending the end dates across all New Business Products. For full details of these updates click here or download our latest product guide. Buy to [...]
Aviva: Equity release interest rate change
As of Thursday 2nd May, interest rates were increased, decreased or remained the same on both the Lifestyle Lump Sum Max and Lifestyle Flexible Option, on new business only. New business KFI's All pre-sales [...]
Crystal Specialist Finance: Broker seminar
Attendees will receive a waiver of our application fee on their next case after the event!* *No Crystal Application Fee for your first Commercial, Residential, BTL. 1st or 2nd Charge case after attending the [...]
Legal and General Mortgage Club: Exclusive Mortgage Product Update
Leeds Building Society has launched the following product, exclusive to L&G. Large HMO L&G Exclusive Large HMO 5 Year Fixed Rates up to and including 31st August 2024: 10% penalty free capital over-repayments permitted [...]
Together: Changes to residential first charge prime plus range
We have made a couple of updates to our 1st charge Prime Plus product range. Our 5 year fixed rate 1st charge Prime Plus product to be made available to your intermediaries; A rate [...]
NatWest: Automated valuation model trial
What’s changing? Customers who choose free valuation products will receive an Assisted AVM within 2 hours if they meet the qualifying criteria and pass checks completed by our valuers, Legal & General. A standard [...]
Digital Mortgages: Our rates are changing
We’ve made 29 product rate changes. These include price increases and decreases across our two, three and five year mortgages. You can find our latest rate table on our website. Any questions? We're all [...]
Coventry Building Society: We respect that your customers are your customers
We respect that your customers are your customers – not ours. We won't cross-sell insurance to your clients. And at maturity, we'll simply direct them back to where their journey with us began – [...]
Marsden: RIO vs Older Borrower: What’s the difference?
What's the difference? Retirement Interest Only (RIO) vs. Older Borrower range We launched RIO in support of 55+ borrowers last year, but you may still be wondering what the difference is for your clients. [...]
Precise Mortgages: Have you seen our large loans range?
Our residential Mortgages are available up to £2million from only... 3.09% Loans of £1,000,001 to £2,000,000; Available to customers with a less than perfect credit profile; 2, 3 and 5 year Fixed rates; Up to 60% LTV; [...]
The Hanley: Product updates
Please note, we are withdrawing the following Self-Build product; MDS178: 3.44% Self-Build Variable Discount for 2 Years (60% LTV) Any outstanding cases are to be fully packaged and with the Society by COB on Friday [...]
Virgin Money: Product withdrawal
At 8pm on Thursday 2 May we will amend the following residential products: Core range 85% LTV 3 Year Fixed Rate with £995 fee will be increased to 2.06%; 85% LTV 3 Year Fixed [...]
The Mortgage Lender: Fewer buy to let fees? Yes please
Some clients don't fit the mould. Fine by us - we just make new moulds! Like our brand-new fees assisted remortgages for the Buy to Let market. Lovingly sculpted by us. Yep, we're the [...]
Family Building Society: What do you think of our service?
Have you completed a case with us recently? If so, how would you rate our service? Leave your feedback here for a chance to win a £250 Amazon voucher.
Weekly Mortgage Update – 03rd 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 announce [...]
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 [...]
Together Money: Freelancer claiming a pension? That’s our normal
Specialist lenders Together can often service cases that some mainstream lenders may not be able to. Imagine you have a client in his 50s, who's semi-retired – combining his pension income from a previous [...]
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 [...]
Aviva: Announce changes in equity release interest rates
We have changed interest rates on the below. The charge will either decrease or remain the same on: New Business Additional Borrowing Reserve Release Please find further details here.
Canada Life: Introducing our Equity Release Lead Generation Workshops
We're thrilled to introduce our upcoming series of Equity Release Lead Generation Workshops, which have been designed with experienced equity release advisers in mind. Do you want to grow your equity release business? With [...]
Just: Reduction to the minimum loan size on our interest servicing option
We will be making a change to our interest service option on our Just For You Lifetime Mortgage. For those customers who choose to service some or all of the monthly interest amount, we [...]
Later life planning Update – 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: Platform relaunch mainstream [...]
The Mortgage Lender: Helping you to help them onto the ladder
Property can be like a game; stay away from snakes and stick to the ladders. Our Help to Buy mortgage helps first time buyers and home movers climb the property ladder without a snake [...]
Pepper Money: Full product range refresh
we have relaunched our entire core mortgage range to offer greater choice to our customers to meet their individual circumstances. What is changing: £995 Completion fee across all Residential products except the DMP range [...]
Santander: Product transfers are currently unavailable
Due to a technical issue, our Online Mortgage Transfer Service through Introducer Internet is temporarily unavailable. This means you won't be able to submit any product transfers. We're working to fix the issue as [...]
Virgin Money: Buy to let 60% LTV 5 year fixed rates available from 2.04%
We have amended selected residential and buy to let rates across our Core and Exclusive ranges. For landlords looking to benefit from a low rate, we will reduce our core BTL 60% LTV 5 [...]
Ipswich Building Society: Three things you should know about buy to let
For your small portfolio landlord clients here’s the top three things you should know about our buy to let criteria – spoiler alert, includes an offer for expat landlords. The top three things you [...]
Enterprise Finance: Great news! Second Charge mortgages are now even cheaper.
With two year variable rates starting from 3.57%, this could be another reason to consider Enterprise Finance for Second Charge mortgages. We have experience in the specialist lending market so we have a wealth of knowledge on the best products [...]
Precise Mortgages: A new way for landlords to increase yield and capital growth
As the UK’s leading specialist lender*, we’re always thinking of new ways to help landlords. Our Refurbishment Buy to Let proposition is designed to help landlords maximise rental yields by refurbishing a property before [...]
The Family Building Society: Specialising in later life lending
Do you have clients who were turned down by high street lenders simply because of their age? Here, at the Family Building Society, we specialise in helping your clients not well served by the [...]
Nationwide: Specialist new build support
Find out how Nationwide are committed to supporting the New Build market in our latest video update. Andy Dean, Head of Intermediary Support and New Build, highlights how we can help your clients buy [...]
Marsden: Product changes to residential, expat and criteria products
We've made some changes to our portfolios, adding new products to our Residential and Expat Buy to Let ranges. We've also made criteria changes across all our product ranges. Keep reading to find out more... NEW Residential [...]
Platform: product update
We have re-launched our Mainstream and Buy to Let mortgage ranges for both New Business and Product Switching. Product Changes Fixed rate end dates remain unchanged. New product codes will be issued for all products. [...]
Weekly Mortgage Update – 18th 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: Platform relaunch mainstream [...]
The Family BS: Why choose Family Building Society
Why choose Family Building Society (FBS) FBS say ‘Yes’ to being different. Find out what makes FBS different and take a look at their specialist lending and innovative product range.
Crystal Specialist Finance: Commercial Bridging product enhancement exclusive
For a limited time Together are offering a Commercial Bridging product enhancement Exclusive available only through Crystal Specialist Finance. Bridging For Commercial properties: 0.85% pm up to 65% LTV (normally 55%) 0.90% pm up [...]
Newbury Building Society: Did you know? We can split mortgages
We can SPLIT mortgages by: Term Product Repayment method AND combine with joint borrower - sole proprietor. Click HERE and HERE for further information. Don't forget! No credit scoring Each case is considered individually [...]
LV=: Lump sum+ Lifetime mortgage rate change
LV= Equity Release have reduced their interest rates on Lifetime Mortgage Lump Sum+ on lite, standard and max LTVs. To view the latest product rates please visit their LV= for Adviser page. [...]
Canda Life: Introducing our Long Term Care Exam Workshops
We're thrilled to introduce our first ever series of Long Term Care Exam Workshops, which have been designed with experienced equity release advisers in mind. The equity release market is going from strength to [...]
Chorley Building Society: Introduce professionals mortgage products
Chorley Building Society understand that lifestyles are constantly changing, and with them, financial needs. The Society has now launched their Professional Mortgages, which will appeal to borrows who have either recently qualified or who [...]
Accord: Why not put Accord’s common-sense criteria to the test
Why not put Accord’s common-sense criteria to the test When it comes to clients with complex requirements it can be difficult to find a ‘mainstream’ lender who’ll consider the loan your client wants. It [...]
Hodge: Cut rates on lump sum, flexi and plus products
Here at Hodge, we're constantly looking for ways we can extend a helping hand to both you and your clients. Our latest change, rate reductions on all products within our downsizing range. New rates [...]
Precise Mortgages: Announce new limited edition products
We are very pleased to announce the following new limited edition products have been added to our Help to Buy product range. We have reduced rates by 20bps in Tier 2 (2 year and 5 [...]
Barclays: Announce product changes
We are pleased to confirm we have made some positive changes to a number of products across our Residential, Buy to Let and Reward ranges. This includes introducing two new highly competitive purchase only 70% [...]
Pepper Money: Updates to sales regions following team expansion
Pepper Money has updated its Sales regions to provide brokers with more focused field-based and telephone support following the expansion of the team. Paul Adams, Sales Director at Pepper Money, said: “At Pepper Money, [...]
Virgin Money: We’ll spoil your landlords for choice
When you have buy-to-let clients in front of you, you need plenty of products and features at your fingertips. We’ll spoil you for choice: 80% LTV products – available for both purchase and remortgage, [...]
Keystone Property Finance: Is your client looking to remortgage an HMO, Multi Unit or Standard BTL?
Here at Keystone, complex buy to let mortgages are our speciality. We help brokers to find a solution to their difficult client cases. Working closely with The Right Mortgage & Protection Network we can [...]
The Hanley: Announce new 5 year fixed rate product
We are thrilled to announce our latest product which is now available. MFD304: 2.99% Fixed Rate for 5 Years Up to 95% LTV Free standard valuation For more information click here [...]
Fleet Mortgages: Returns to lending with enhanced product range
We are pleased to confirm that Fleet Mortgages is re-launching with an enhanced product range with immediate effect. The team has worked tirelessly to ensure our return to the market and we are pleased [...]
Weekly Mortgage Update – 12th 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: Crystal Specialist Finance [...]
Santander: Withdrawal of £1,000 cashback exclusives
We've withdrawn our first time buyer £1,000 cashback exclusives from our range. Withdrawals Residential (first time buyer exclusives) Term Rate Fee LTV 3 year fixed 2.45% £0 85% 3 year fixed 2.65% £0 [...]
Ipswich Building Society: Reduced rates for “heartland” buyers
If you have clients in the east of England the Ipswich is offering reduced rates for first time buyers and is able to accept gifted deposits up to 95% LTV. Called “Heartland Exclusive”, Ipswich [...]
Family Building Society: Buy to Let – Portfolio landlords, Offset, Expats and no minimum income
FBS are confident their flexible criteria and personal approach to underwriting will maximise your BTL sales opportunity. They consider: Portfolio landlords Expats No minimum income BTL offset mortgage Their BTL offset mortgage can help [...]
Aviva: Launches new lending criteria & downsizing protection
From Monday 8 April 2019 we’re making some ‘market leading’ changes to our Equity Release proposition. We’re making a significant range of changes to our lending criteria and the big-profile areas are to allow [...]
Together: Lending for the new normal
British society is undergoing a period of significant change Incomes are changing. A combination of political and economic factors have resulted in booming self-employment, the emergence of the gig economy, and the prevalence of [...]
The Hanley: New Shared Ownership Product
We are thrilled to announce our latest Shared Ownership product; MFD303: 3.35% Fixed Rate for 3 Years (Shared Ownership) Up to 95% of applicants share (either on house purchase or remortgage) NO Application or [...]
The Marsden: RIO 5 year fixed rate
Retirement Interest Only 5 year fixed rate 3.09% Key Features: Available to clients aged 55+ For remortgage or house purchase To be repaid when a life event is triggered (no maximum term) Maximum loan [...]
The Co-Op Bank: Platform remove all letting conditions that restrict landlords letting to tenants who receive housing benefits
Platform; the intermediary mortgage brand of The Co-operative Bank, will not consider letting conditions across all mortgages that restrict landlords from letting to tenants in receipt of housing benefit. Although the clause wording will [...]
Vida Homeloans: Our new process is making a real difference
Over the past 2 years we’ve been listening to your feedback in order for us to deliver a great customer experience to you. As a result, we have recently invested heavily in improving our [...]
Kensington: New rates and cashback now available
We have updated our product range from today, Tuesday 2nd April 2019, which includes the following: Updated Residential rates Lower rates across much of the Buy To Let range 80% LTV HMO/MUB available to [...]
Clydesdale Bank: Voted best large loan lender
We are really proud to have been awarded Best Large Loan Lender at the Mortgage Strategy Awards. Thanks for all your support Clydesdale Bank came out on top for our large lending proposition at the recent awards [...]
Principality: Relaxes lending criteria to support Supply Teachers and Bank Nurses
Principality Building Society will now consider mortgage applications for customers working as supply teachers and bank nurses across England and Wales subject to six months proof of income. The change in lending policy comes [...]
TSB: adds cashback buy-to-let deals and cuts rates
TSB has launched a new suite of buy-to-let deals, as well as cutting the rates on offer on some of its existing products. Selected deals have had their interest rates reduced by up to [...]
Weekly Mortgage Update – 05th 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: Together are lending [...]
NatWest: To make rate reductions to core and semi-exclusive residential and buy to let deals for new business
NATWEST TO MAKE RATE REDUCTIONS TO CORE AND SEMI-EXCLUSIVE RESIDENTIAL AND BUY-TO-LET DEALS FOR NEW BUSINESS Here’s a full list the changes with product codes in brackets: New Business CORE - Residential New Products 2 year [...]
Foundation Homeloans: Need flexibility for your portfolio landlord cases?
Our portfolio landlord proposition Our approach to portfolio landlords is simple, flexible and customer-focused… No limit to portfolio size, subject to maximum borrowing of £3m with us Bespoke stress test for the background portfolio [...]
Kensington: Our new research infographic
We can barely believe it, but it's the last week of the Financial Year already! And what a year it has been for us - we haven't got our year end figures yet but [...]
eConveyancer: A positive month since launch
We’re delighted that The Right Mortgage & Protection Network and eConveyancer have enjoyed a positive 1st month since launch. If you’ve not discovered our new service yet, why not have a look at eConveyancer [...]
Ipswich Building Society: Self build mortgages – five things you should know
If you’re new to self build or looking for a refresher, here are five things you should know about our lending criteria. We make the self build application process as easy as possible, and [...]
Brightstar: Sign up to our new webinar programme
Confirm your place on one of more of our specialist lending webinars. Learn how to help more clients & earn more income. Following on from the success of last year’s webinars, Brightstar has teamed [...]
Canada Life: Introducing Capital select lite and changes to LTV range
I’m very pleased to announce that we have launched our Capital Select Lite. Our Capital Select Options offer: Capital and interest repayments (up to 10% of the initial advance, ERC free) Maximum loan amount [...]
The Family Building Society: The Retirement Lifestyle Booster from Family Building Society
Do your older clients need a little boost to their finances? The Family Building Society’s Retirement Lifestyle Booster is a real alternative to equity release. It’s a 10 year interest-only standard mortgage (not even [...]
Aviva: Equity release interest rate changes
Interest rates have either decreased or remained the same on both the Lifestyle Lump Sum Max and Lifestyle Flexible Option, on new business only. New Business All pre-sales illustrations produced on or after Wednesday [...]
Hinckley and Rugby: 95% LTV products with £1000 cashback
We recently launched limited availability, highly competitive 2- and 5- year fixed rate 95% products with £1000 cashback (charging rates 3.2% and 3.49% respectively). These have proved to be very popular and so if [...]
Virgin Money: Personal Income
Virgin Money make buy-to-let more affordable by allowing landlords to use their personal income to top up rental income. Personal income can be used on rental shortfalls between 100% and 145%, calculated at an [...]
Pepper Money: More than 1 million opportunities to grow your business
With over 1 million CCJs issued in the last year alone, there is a responsibility to brokers to be proactive in reaching those potential clients to make clear the competitive mortgages available for them. [...]
Santander: Top tips when sending bank statements
There's no need to send us bank statements unless we ask for them on Introducer Internet or MATS. If bank statements* are required to support income evidence, you only need to provide the individual page showing the [...]
Weekly Mortgage Update – 29th March 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: NatWest announce product [...]
The Exeter: Unique benefits built on experience
Illness and injury can happen to anyone at any time, and for some it can have a big impact on everyday living, both today and in the future With our award-winning income protection, The [...]
The Hanley: New shared ownership product
We are pleased to announce the release of our latest Shared Ownership product which is now available; MDS208: 2.89% for Term (Shared Ownership) Up to 95% of Share For more information please click on [...]
Vida Homeloans: Reasons to use Vida
Vida is 100% committed to intermediaries, working in partnership with you to deliver a first class service to your clients. Here are just a few reasons as to why you should use Vida: Residential: [...]
LV=: Meet the growing team of equity release experts
In the last In the last few months, we’ve welcomed a number of new members to our growing Equity Release business and I wanted to take the opportunity to introduce my team to you. [...]
Pure Retirement: Rate and LTV changes
We are pleased to inform you of rate and LTV changes to our Max Range. These changes are live from the 22nd March. New Rates DD1 DD2 DD3 MER AER MER AER MER [...]
Kensington: Not all lenders are so well rounded
We offer free valuations and legals We celebrate differences and treat each case individually, helping your customers own homes. Plus, we offer free valuations and legals… How’s that for hitting the sweet spot Place your [...]
The Mortgage Lender: Issuing ESIS in place of KFI+
We are issuing ESIS in place of KFI+ for all cases. More information can be found below.
Enterprise Finance: Bridging auction
The speed and flexibility of bridging finance makes it the go-to funding solution for a variety of circumstances. A borrower can use a bridge on a first charge basis, like our case study below. [...]
L&G Mortgage Club: Exclusive buy to let product
L&G have launched an exclusive Buy to Let, Portfolio Landlord product with Foundation Home Loans yesterday. Main details are as follows: 3.19% fixed to 31/07/2024 Up to 75% LTV Arrangement fee 1.5% Portfolio landlords [...]
Marsden: On the edge of interest only
On the edge of interest only... What's available for your clients? Many customers are approaching the end of their interest only mortgage and are looking to extend their term further but are finding their age [...]
Hodge Lifetime: The underwriting guide from Hodge
A helping hand from Hodge - take a look at our underwriting guide, a one stop shop giving you everything from how to apply to how we look at affordability and what we need [...]
Hinckley and Rugby BS: New range of criteria released for professionals
We are pleased to announce a new range of criteria specifically to accommodate the challenges Drs, Dentists, Lawyers, Barristers and Accountants face when trying to get a mortgage. We have not only enhanced our [...]
Accord Mortgages: Cuts high LTV rates
Selected five-year fixed rates at 90%, as well as two- and five-year deals for borrowers with a five per cent deposit, have been reduced by up to 0.10%. The range now includes a 90% [...]
Weekly Mortgage Update – 22nd March 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: Hanley Economic announce [...]
Aviva: Redefine retirement
Retirement planning is no longer a binary decision between drawdown and annuities. Instead, many of your clients may require a ‘blended’ retirement income solution made up of several different products – including equity release. [...]
More2Life: Capital Choice rates are decreasing
The new rates are below: From 4.35% (MER) 4.44% (AER) on CC plans; From 4.65% (MER) 4.75%(AER) on CC Plus plans; 4.65% (MER) 4.75% (AER) on CC Drawdown plans; 4.80% (MER) 4.91% (AER) on CC Plus Drawdown [...]
Just: Responsible lending webinar
Register now for our webinar: Responsible lending – three ways to lower the cost of borrowingJoin us in our 45 minute webinar at 10am on 26th March: Responsible lending – three ways to lower the [...]
Pure Retirement: Digital Marketing Toolkit
It’s been heartening to see our marketing toolkit resonate so well with advisers and continue to provide a useful resource for those aiming to make the most of the market. On the back of [...]
Buckinghamshire Building Society: Solutions for Older borrowers
In 2020 - 11.98m people will have reached state retirement age and currently 75% of the UK’s housing wealth is held by people aged over 50… We understand that more business is coming from [...]
One Family: Super LTV Product Launch
Super LTV Lump Sum Interest Roll-up with Voluntary Payment option Lifetime Mortgage At a glance - What is it? The Super LTV Lifetime Mortgage is designed to support customers who are looking to release [...]
Later Life Planning Update – March 2019
Welcome to our latest update dedicated to the topic of later life planning. Please take the time to read through the update as there may be some information that is important to you. This [...]
Principality: ranked one of the top mortgage service providers by UK brokers
Principality Building Society has been ranked as one of the top mortgage service providers in the UK following independent research of brokers. Among those placing business with Principality, the Society ranked second for ‘overall [...]
The Marsden: How a family step mortgage can support your client
How a family step mortgage can support your client Our Family Step mortgage offers an opportunity to reduce the time clients spend in rented accommodation or living at home, saving for a deposit. Who [...]
Ipswich Building Society: Product and lending criteria changes
Ipswich Building Society improves shared ownership products, lending criteria and affordability Great news for shared ownership clients – we’ve made a number of improvements to our shared ownership product offering. Our criteria now offers: [...]
Hodge Lifetime: Announces changes to mortgage products
Here at Hodge, we're constantly looking for ways we can extend a helping hand to both you and your clients Our latest change, Fee free applications (reduced from £595) and free valuations as standard [...]
Chorley Building Society: Introduce later life lending products
Chorley Building Society understand that lifestyles have changed and with them financial needs. The Society has now launched a range of Later Life Lending mortgages for older borrowers who wish to apply for a [...]
Together Money: Half of all buyers are first-timers; Together shares top tips
New statistics this week revealed that over 50% of all house purchases in 2018, in relation to mortgage sales, were made by first-time buyers. So specialist lender Together is sharing its top tips to [...]
Platform: Releases new how to guide video
Platform has released a new how-to-guide video to help you get the most out of Click, their quick and easy online application system. It's packed full of hints and tips - how to check [...]
Clydesdale Bank: First time buyer rate reduction
We are pleased to announce that we have reduced the rate of our 2 year fixed 95% LTV product available for First Time Buyers, live now. Rate Reduction The following rate has reduced, live [...]
Crystal Specialist Finance: Finance Broker Seminar
Crystal Specialist Finance host a new Seminar at the Jaguar Visitor Centre - Castle Bromwich on the 10th April 2019 in which mortgage brokers will have the chance to grow their knowledge of many [...]
HSBC: Changes to our mortgage products
HSBC have made the following changes to their mortgage product range: Summary of changes 2 year fixed standard 85% and 90% LTV increased 2 year fixed fee free 60% to 80% and 95% LTV [...]
The Mortgage Lender: Help to buy gets real life lending boost
The Mortgage Lender has launched its first range of Help to Buy mortgages for borrowers buying a new build home in England, Wales and Scotland. Its products are available to the whole of market [...]
Virgin Money: Notice of product withdrawal
We have withdrew the following Intermediary Exclusive product: 95% LTV 2 Year Fixed Rate Fee Saver Option with £1,000 cashback For more information visit the Virgin Money website.
Kensington: Latest news
What a few days it has been in the world of politics. As the deadline is fast approaching, we released the market analysis of our risk modelling tool, working on the assumption of a [...]
More 2 Life: Rate increases for Maximum Choice Drawdown plans
The rates on Maximum Choice Drawdown plans have INCREASED. The rates will be: 5.85% (MER) 6.01% (AER) on valuation fee payable plans 5.90% (MER) 6.06% (AER) on free valuation plans Applications on current rates must [...]
Weekly Mortgage Update – 15th March 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: HSBC announce changes [...]
Furness for Intermediaries: Refreshes 95% lending
Furness has refreshed its entire 95% product range and has made some changes to criteria. The 95% product range sees reductions to the 2 year fixed rate which is now at 3.68%, the 5 year [...]
The Mortgage Lender: Cashback Conga
Our new Limited Company Buy to Let cashback mortgage will have your clients dancing from here to, well, everywhere. They get money back on both purchase and remortgage applications. Come on everybody now do the conga. [...]
Virgin Money: Buy to let? You bet
The private rental sector is key to the UK housing market. So we work hard to help you and your landlord clients. That means: Accepting personal income, to help with affordability. Reducing stress tests so [...]
Principality: We’re lifting the limits on buy to let and holiday let criteria
We’ve updated our Buy to Let and Holiday Let Mortgage lending criteria, which means we can help support you and your customers even more. We’ve lifted the limits We now lend up to £750k at [...]
Kensington Mortgages: Read our March Mortgage and Property Report
Our Mortgage and Property Report March edition has now been released. This issue discusses the importance and use cases of mortgage loan level forecasting models. We specifically explain our own "Vector" model and how we [...]
Pure Retirement: Have your say in the ILP Moneyfacts Awards
Vote for us in the 2019 Moneyfacts ILP Awards The awards season in 2019 is really kicking off in earnest, with voting now open for the 2019 Investment Life And Pensions Moneyfacts Awards. It [...]
Santander: Buy to Let rate reductions across 2 and 5 year fixed rates
Today we’re reducing selected Buy to Let 2 and 5 year fixed rates as well as launching a new Buy to Let tracker rate. Buy to Let 2 year fixed rate reductions Purchase and [...]
The Nottingham: Product launch
We have increased the rate of four residential products and withdrawing the old products. Key highlights 1.99% Resi 2 year fixed to 01/06/2021 80% LTV No fees Purchase and remortgage 2.00% Resi [...]
Just: LTV changes and changes to interest rates
We've made changes to our Just For You Lifetime Mortgage. 1) We are reducing interest rates to the following: Without facility With facility Product Cashback Min Advance Age range Age bracket for rate AER [...]
Family Building Society: Make your vote count
Voting has just opened for the Financial Reporter Awards. If you value the products and service from the Family Building Society (and like their new intermediary website!) you can vote for them here. Voting has also opened [...]
The Marsden: Older, wiser… smaller?
Interest Only downsizing in retirement, what's available? When it comes to our Older Borrower mortgages, there's several options that borrowers can opt for as a repayment vehicle from downsizing to a sale of other property [...]
Precise Mortages: Launch help to buy remortgage and help to buy Scotland
I’m delighted to announce that from tomorrow morning (Tuesday 5 March 2019), Precise Mortgages will expand its Help to Buy proposition to include Help to Buy Scotland (available up to 80% LTV – 5% customer [...]
Foundation Homeloans: Looking for a fixed rate product with flexibility?
Providing landlord clients with the best of both worlds – especially in this economic environment – can be very tricky. They might want to know exactly what their monthly mortgage payments are for the next [...]
Keystone Property Finance: Available to all members
The specialist buy to let lender, Keystone Property Finance, are delighted to announce all their products are now available to all members of The Right Mortgage Network. Keystone helps brokers who are struggling to find [...]
Vida Homeloans: Expat buy to let
Almost five million British citizens live or work outside the UK – some temporarily and some permanently - and many of them want to own property in their home country. It can seem difficult to [...]
Weekly Mortgage Update – 08th March 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: Santander reduce buy to [...]
Precise Mortgages: Key residential lending messages
Residential mortgages Self-employed with one year’s figures accepted; Less than perfect credit profiles considered – defaults, CCJs, DMPs and secured and unsecured arrears; Capital raising, business purposes, cash to purchase properties; New Build and [...]
Bluestone Mortgages: Solutions for customers with IVA’s
Our criteria creates a much fairer way of classifying mortgage applications where an IVA forms part of the customer’s credit profile than other lenders. All defaults included within the IVA will not be independently assessed [...]
3MC: New Hinckley & Rugby Limited Company buy to let exclusives launched
We are pleased to partner with the Hinckley & Rugby for Intermediaries and launch new Exclusive Limited Company Buy to Let products. H&R prides itself on individual underwriting with no automated decisions and not credit scoring applications. The new [...]
Buckinghamshire Building Society – When it comes to customers with credit issues, we take it personally
According to statistics provided by The Money Charity* in January 2019, Citizens Advice Bureaux in England, Wales and Northern Ireland dealt with 2,465 debt issues every day in the year to December 2018. 3,001 consumer [...]
Kensington: A new video for you
We are excited to announce we now have ANOTHER VIDEO online! This time, our Field Sales Manager, Jane Atkins, is speaking to Mortgage Solutions's Victoria Hartley about the 'Bank of Mum and Dad'. You're welcome [...]
The Melton Building Society: Residential mortgages up to 95% LTV
The Melton offers a range of residential mortgages up to 95% LTV for purchase and re-mortgage, alongside niche lending products which include regulated family and holiday buy-to-let, self-build, shared ownership and short-term lending, with credit [...]
Bath Building Society: Help from the Bank of Mum & Dad
Help from the Bank of Mum & Dad. Bath Building Society offer 100% mortgages through its parent assisted (PAMS) product. This type of mortgage will suit parents who want to help their children get onto [...]
The Marsden: Working in Retirement
Working in Retirement - how can we help? With the 55+ generation continuing to grow in size, so does the variety and demand for mortgages in retirement. What happens when your client is looking to [...]
LV=: Equity release star ratings for 2019
LV= are thrilled to let you know that their Equity Release products have maintained their excellent Defaqto and Moneyfacts ratings for 2019. For the third year in a row, LV= has achieved a 5 Star [...]
The Mortgage Lender: All ladders, no snakes
Property can be like a game; stay away from snakes and stick to the ladders. Our Help to Buy mortgage helps first time buyers and home movers climb the property ladder without a snake in [...]
Santander: Product transfers
You can transfer your client's residential or Buy to Let mortgage using our online mortgage transfer service. If the new rate is the same or lower, switch early up to four months before the current deal ends ERC [...]
Barclays: Positive buy to let changes
Further to the positive changes we confirmed last week to our Residential range, please be advised we are now making competitive changes across our Buy to Let range including the Buy to Let Reward range. These changes [...]
More2Life: Five ways we can help protect your clients
No matter what the future holds for your clients our modern lending features could ensure they're protected. Fixed ERCs to ensure your clients are aware how much it would cost them to repay outside of criteria. [...]
Pepper Money: Three ways to get your case through quicker
Pepper Money understand that brokers deal with several different lenders, all with slightly different requirements, criteria, products and processes. To make it easier for you, Pepper Money have put together their top 3 tips to [...]
Ipswich Building Society: Later life mortgages made easy
We’re experts in lending to older borrowers. Here are some of the ways we can help to place your case: No maximum age limit AND up to a 40 year term When calculating affordability we [...]
TFC Homeloans: Increased efficiency with ‘Pay Now’ on 1APP!
Have you checked out our new look and improved DIP form on 1APP? Great…. Well the updates just keep coming! We have a new Pay Now feature making our process even more efficient. In the [...]
Weekly Mortgage Update – 01st March 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: Pepper Money have three [...]
Vida Homeloans: Top 10 property types
Types of property Vida will consider: HMOs: Up to 8 bedrooms with a minimum valuation of £100,000. EX LOCAL AUTHORITY FLATS: Deck access allowed for blocks of up to 4 storeys at 80% LTV [...]
Hinckley & Rugby: Make your way to our new platform
Final call. Make your way to our new platform... If you’re still on our old broker platform, you’re cutting it fine. We’ll be pulling the plug at the end of 26th February. We’d hate [...]
Nationwide: Selected fixed rate changes
We've increased selected fixed rates at 90% LTV by up to 0.10%. 2, 3 and 5 year fixed rate increases 2 year fixed rates at 90% LTV with a £999 and £0 fee increased by [...]
TSB: We’ve introduced a new Affordable Housing product range
We’ve made some changes to our Residential products, including the introduction of a new 3 year fixed Affordable Housing Remortgage range. We’ve also made some selected rate changes across our entire Residential product range. And [...]
The Mortgage Lender: Introducing… Help to Buy
Ladies and gentlemen, boys and girls. Our new Help to Buy mortgage is here and it's ready to take centre stage. Available in England, Scotland and Wales and perfect for first time buyers and home [...]
Bath Building Society: Up to 8x income available with our Rent a Room mortgage
Our Rent a Room Mortgages allow an individual applicant to borrow more by renting out a room and using the rent towards the mortgage payments. What if your client has found their ideal home, but [...]
Kensington: Unleash their ambition
Remortgage with Kensington Janet likes all things botanical, but she also likes all things mechanical. By consolidating her debts she gained pole position and got herself back on track. Unleash the benefits for your [...]
Barclays: Changes to our residential and reward ranges
Following further changes to the cost of funds, please be advised we are making some positive changes across both our Residential and Reward ranges. These changes are effective tomorrow, Tuesday 19th February, and include competitive [...]
Foundation Homeloans: Announce 4 new products
Foundation Home Loans buy to let product range has been updated. Summary of products: Four new 5 year fixed rate products with a 3 year ERC period At 65% & 75% available to individual and [...]
Virgin Money: Notice of product withdrawal
We have amended the following product: Core Range 95% LTV 2 Year Fixed Rate Fee Saver Option will be increased to 2.99% In line with our commitments, we are giving you at least 24 hours’ [...]
Marsden: New short-term mortgage
We've introduced a NEW short-term mortgage product Our NEW short-term mortgage product features in our Residential range and offers an alternative to a bridging loan. Ideal for clients who require a mortgage but haven't sold [...]
Weekly Mortgage Update – 22nd February 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: The Mortgage Lender release [...]
Just: LTV changes and increase to our J5 interest rate
We've increased the LTV’s on our J2, J3 and J4 as follows: Customer age (based on youngest customer) J2 J3 J4 Single Life Joint Life Single Life Joint Life Single Life Joint [...]
Pure Retirement: Changes to our Max range
Rate and LTV Changes Please note that these changes will take effect from Friday 22nd February. MER AER Max Plus DD1 Age 60–71: 5.97% Age 60–71: 6.14% Age 72+: 5.69% Age 72+: 5.84% [...]
L&G Home Finance: New dates for our equity release CII workshops
The level 3 Certificate in Equity Release meets the FCA'’s requirement for mortgage advisers and those advising on equity release schemes. In addition to developing advisory skills, the Certificate offers an understanding of equity release [...]
L&G Mortgage Club: Attract new clients with our promotional tools
With our new Income Lifetime Mortgage TV campaign now live, we’ve created a range of tools and white label materials to help you attract new clients - See our new marketing templates Many people tell [...]
Buckinghamshire BS: Solutions for older borrowers
We understand that more business is coming from older borrowers who are looking to borrow more or to re-structure their mortgages. We were one of the first to lend to those in, or approaching retirement [...]
LV=: Extended and improved lifetime mortgage underwriting criteria
Equity release is no longer seen as an option of last resort, which only a handful of advisers consider for their clients, but now forms part of holistic financial advice. Due to the increasing levels [...]
Later Life Planning Update – February 2019
Welcome to our latest update dedicated to the topic of later life planning. Please take the time to read through the update as there may be some information that is important to you. This month's [...]
Foundation Home Loans: Got a complex buy to let case to place?
Got a complex buy to let case to place? Solution Found. Our buy to let range is perfect for your slightly more complex cases. Buy to Let Got a complex buy to let case to [...]
Accord Mortgages: Our new 95%LTV remortgage deals
We’ve good news for clients who are looking to remortgage above 90% LTV. We’ve launched a new range of fixed rate, 95% LTV remortgage deals. The new products will be available up to a maximum [...]
Platform by Co-Op Bank: Product update
On Monday 18 February 2019 we will re-launch our Mainstream and Buy to Let mortgage ranges for both New Business and Product Switching. Product Changes Fixed rate end dates are extended to 31 May. New product codes [...]
The Mortgage Lender: Criteria improvements
We have made some improvements to our affordability assessment. Here are the highlights, and our criteria guides. We can now accept child benefit for children up the age of 13; We can accept some form of [...]
More 2 Life: You can’t predict the future
As an adviser you wear a lot of hats, but a psychic isn't one of them. Lifetime mortgage interest rates are the lowest they've been for years. With more 2 life, you could secure a [...]
State Bank of India: Buy to let mortgages update
State Bank of India (UK) Ltd has just launched a new range of Buy to Let mortgage products. The new range will continue to offer some of the most attractive rates in the market for [...]
Vida Homeloans: 85% LTV mortgages for buy to let landlords
Buy to let landlords We have enhanced our BTL offering by launching an 85% LTV product for existing property owners, and increasing the number of properties allowed in a portfolio with Vida to 20, [...]
Santander: Residential remortgaging without capital raising
Maximum 5.5 x income for remortgages where your client is borrowing the same or less; Free standard valuation up to a property value of £2.5m; Giving your client a choice of standard legal fees paid [...]
Marsden: Launches intermediary online
Our new online platform has launched and we are ready to receive mortgage applications supporting all our core markets through our Marsden Intermediary Online: Residential Older Borrowers and Retirement Interest Only (RIO) Expat Buy to [...]
Virgin Money: Random acts of kindness
To celebrate Random Acts of Kindness Day on Sunday 17 February, Virgin Money are running a giveaway over on their twitter page @VirginMoneyInt. They want their registered intermediary partners to tell them what they do [...]
Kensington: New lower residential rates
We have updated our Residential range from today, and are pleased to announce that our new updates are: REDUCED initial rates on selected 2 Year Fixed products up to 0.25%; REDUCED initial rates on 3 [...]
Weekly Mortgage Update – 15th February 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: Kensington release new lower [...]
TSB: Improved residential rates
TSB has improved a selection of House Purchase and Remortgage products. Here is a summary of the changes: Rate reductions on 2 year fixed, 90-95% LTV, House Purchase products by 0.10% 5 year fixed, 60-85% [...]
Accord Mortgages: January summary
News On Tuesday 22nd January, we launched a range of fixed rate, 95% Remortgage deals. The new products are available up to a maximum borrowing of £500,000 and to clients wishing to raise capital [...]
More 2 Life: We would love for you to nominate more 2 life in the What Mortgage Awards!
Advisers have been at the heart of our transformation from a small, specialist lender writing less than £100m of business a few years ago to a major influence in the market. Your support is what [...]
Canada Life: We’ve added new dates to our Equity Release Exam Workshops
We’re thrilled to announce that we’re introducing a second series of Equity Release Exam Workshops, due to the overwhelming demand we received for our first series of workshops, launched last month. Our Equity Release Exam Workshops, have [...]
Virgin Money: Big opportunity for clients with small deposits
Big opportunity for clients with small deposits With so many factors to take into consideration, first time buyers need intermediary advice more than any other segment of the residential market. Now’s the time to [...]
Bath Building Society: Available through L&G Mortgage Club
Bath Building Society Available through L&G Mortgage Club At Bath Building Society we have a small experienced mortgage team which aims to offer a high standard of personal and flexible service; we are known [...]
Santander: Helping you get it right first time
Always use our affordability calculator. It's accurate, quick and simple! It also offers a maximum loan before the agreement in principle and calculates the net income for affordability purposes which you'll need when you complete the [...]
Marsden: Lending Solutions with the Marsden
The Marsden has added new products across it’s expat, older borrower, RIO and residential ranges which sees a combination of changes to term end dates and introduction of new products which includes a 5-year fixed [...]
The Hanley: Product withdrawal
Please note, we are withdrawing the following product with immediate effect; MFD292 1.55% Fixed Rate for 2 Years Outstanding applications are to be fully packaged and with the Society by COB by 15th February. [...]
Coventry: Product updates
Please click below to view details of our latest rate changes effective from today. View our product updates
Buckinghamshire: New retirement interest only products
Our retirement products ensure that age is no longer an issue for borrowers who have retired and are in receipt of pension income, allowing them access to a mortgage for their home. Our latest later [...]
Weekly Mortgage Update – 08th February 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: L&G Mortgage Club's SmartrCriteria [...]
L&G: Are you a Hero?
Legal & General are celebrating the people that deliver great financial protection* by introducing our Hero in the Middle competition**. Intermediaries make a real difference to people’s lives – going further to help clients get [...]
More 2 Life: We want to get you the right help in the fastest time possible
Your dedicated Broker Support Team is on hand for everyday queries. They are able to ... Guide you through creating KFIs and apps through our market-leading online portal Answer pre-application underwriting queries Answer commission queries [...]
Vida Homeloans: Relaunches product range and enhances service proposition
Vida Homeloans is pleased to announce an overhaul of its Residential & Buy to Let product range with effect from Thursday 24th January - the biggest change since launching into the intermediary market in October [...]
Marsden: Expat lending solutions
For both our Expat Residential and Expat Buy to Let we offer expert support with over 8 years of experience supporting these markets. Here's our promise: We individually underwrite each case so we're able to [...]
Hinckley and Rugby: Launch new improved system
‘Hinckley & Rugby have now launched a much improved system for residential cases, which is designed to be easy to use, quick and intuitive. Please register ASAP – the process is fully automated. If you [...]
Pure Retirement: Check out Pure’s brand new mobile app
Our Brand New App is here! We’ve launched our very own mobile app, enabling you to access your cases with ease at any point in time. With updates on applications, offers and completions, you’ll [...]
Brightstar: Landlords are looking to alternative types of buy to let options
A growing number of landlords are looking to alternative types of buy-to-let options to deliver a better yield. So, what are the options and the considerations? With landlords starting to feel the impact of tax [...]
Foundation Home Loans: Revamp buy to let range
Foundation Home Loans have recently revamped their BTL proposition to make things easier for intermediaries. This means that all their products now sit under two umbrellas: F1 and F2. Both ranges are available to individuals, [...]
Santander: 1 year fixed rate for Buy to Let remortgages
1 year fixed rate (remortgage only) LTV Rate Product fee 75% 2.25% £0 Ideal for landlords looking for short-term stability over the next 12 months! Free standard valuation up to a property value of [...]
Weekly Mortgage Update – 01st February 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: Halifax announce product changes; [...]
Principality: Do you have an urgent case?
At Principality we pride ourselves on providing excellent service, and are currently underwriting your clients’ mortgage applications in 48 hours, as well as updating documents with a 1 day SLA. We also instruct the valuation [...]
Pure Retirement: Your brand new portal is ready for use
Your brand new portal is ready for use: Smarter & Streamlined for easier use; The same great tools & resources; Everything you need, all in one place. Get started now and have a look around [...]
Pepper Money: Getting a mortgage from a specialist lender could cost less than you think
There are many reasons why your clients might fail another lenders credit score, and a cash flow crisis is just one of those. Working with a specialist lender that can look beyond a score, can [...]
Marsden: Partner biology
Marsden Building Society offers lending solutions for you and your clients specialising in mortgages for First Time Buyers, Residential, Buy to Let, Expat range, Older Borrowers (for those over the age of 55 and in [...]
Coventry: Product updates
Closing products Residential and offset Upto 65% LTV (no change) Over 65% LTV (no change) Buy to let Upto 65% LTV Over 65% LTV Opening products Residential and offset Upto 65% LTV (no change) [...]
Accord Mortgages: Launch 95% LTV remortgage
Accord have good news for clients who are looking to remortgage above 90% LTV. We have launched a new range of fixed rate, 95% LTV remortgage deals. The new products will be available up to [...]
Build Loan: The year of the right to build
Housebuilding in the UK is changing, bringing with it new opportunities. In 2019, we will see significant change in the industry, with an increased awareness from those living in England that they have the 'Right [...]
Vida Homeloans: Refreshes product range and enhances service proposition
Vida Homeloans announces an overhaul of its product range, the biggest change since launching into the market in October 2016, which consist of a number of criteria improvements to its Residential and Buy to Let [...]
Hinckley & Rugby: Update on service and referrals to the Mortgage Referrals Committee
Hinckley & Rugby for Intermediaries update on service and referrals to the Mortgage Referrals Committee Hinckley & Rugby for Intermediaries are pleased to confirm there were 79 unusual or complex new business enquiries referred to [...]
The Hanley: Product withdrawal
Please note that our product MFD272 2.14% Fixed Rate for 5 Years has now reached its tranche and is to be withdrawn from market. Any outstanding applications are to be fully packaged and with the [...]
Digital Mortgages: We’re increasing our offer validity term for new purchases
Feedback from intermediaries is absolutely invaluable in helping us improve our offering. That’s why we’re extending our offer validity for purchase products to 5 months for non new builds - because when you talk, we [...]
Enterprise Finance: Winning with Complex investments
According to the most recent RICS UK Commercial Property Market Survey, commercial and mixed usage properties continue to be a good investment opportunity despite some market uncertainty over Brexit. Investors are increasingly moving away from traditional [...]
Weekly Mortgage Update – 25th January 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: Digital Mortgages increase offer [...]
3MC: New Packager BTL Exclusives launched with Paragon Bank
We are pleased to announce the launch of new Buy to Let packager exclusives with Paragon Bank on their portfolio range. The exclusives are available at 80% Loan to Value for standard, HMO's & Multi Unit properties. The minimum rental stress [...]
L&G: Introducing SmartrCriteria
What is SmartrCriteria We appreciate that looking for the best mortgage options for your customers can be a time consuming process. With ever changing lender criteria and product updates, it can be hard to [...]
NatWest: Changes to our intermediary mortgage range
We've made some changes to our mortgage range. You can download a PDF of the updated range for New customers here for a summary of the changes. For a summary of the changes, visit the [...]
Vida Homeloans: Top 10 products of 2018
A new year brings new challenges ahead, let Vida Homeloans help you clear your desk and place those specialist cases. To assist, we've put together a list of our top 10 specialist mortgage products which [...]
Barclays: Remortgage best buy available now
We believe there is real potential within the remortgage market this quarter for you and your business and we want to work in full partnership with you to realise it. On Monday, we confirmed some [...]
TSB: Make changes to Residential and Buy to Let Products
TSB has re-introduced 2 and 3 year Residential products and extended the end dates on all Buy-to-Let products to April. Here is a summary of the changes: Residential Reintroduction of 3 year fixed House Purchase [...]
Virgin Money: Now’s the time to help first time remortgagers
Now’s the time to help first time remortgagers 2019 is set to be another cracking year for your remortgage business. In H1 2019 there are 185,000 households coming to the end of their deal [...]
Marsden: What do I need to place an Older Borrower case?
Later Life Mortgages are growing in demand and with it is the range of options for intermediaries to offer to their clients. It’s another string to add to the intermediary bow but what do brokers [...]
The Mortgage Lender: Small amends to our residential rates
We have made changes that apply to our semi exclusive range. For pipeline cases: • DIP accepts will proceed on the product already selected. If it is best advice for the customer to change, advisers [...]
Precise Mortgages: ERCs across our Residential second charge loans
We are delighted to announce that all Early Repayment Charges have been removed from our Residential Second Charge products. An updated Second Charge Product Guide can be downloaded below, but to summarise: Available across our [...]
Weekly Mortgage Update – 18th January 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: NatWest makes changes to [...]
Pure Retirement: January newsletter
The later life lending sector went through some major landmarks in 2018 which highlighted the progress the industry has made and the opportunities that currently exist for advisers as a result. In the second half [...]
AIG: Helping you introduce the Guaranteed Over Fifties Plan to your clients
Our Guaranteed Over Fifties Life Plan was designed to provide peace of mind. Helping customers to cover the cost of their funeral, leave a small legacy for their loved ones and provide a safety net [...]
Marsden: Lending solutions for Paula and Barry
Paula (62) and Barry (68) have a mortgage on their property of £150,000 which has come to the end of its term. Their property is worth £250,000 so they're looking to extend the term on [...]
Canada Life: Workshops designed with you in mind
The equity release industry is booming, with the Equity Release Council announcing a 24% increase year-on-year in Q3 2018. And in a post pension freedoms world, many customers are realising that the value in their [...]
Buckingham Building Society: Options for Later Life Lending
Having been one of the first lenders to remove our maximum age limit, we have been lending into and in retirement since 2010. During that time the later life lending market has changed significantly. The [...]
Golden Charter: Don’t take our word for it
Adding an additional product to your portfolio can offer a great opportunity to get in touch with your clients and for you to strengthen your offering. Becoming a Golden Charter intermediary allows you to help [...]
More 2 Life: Get the right help in the fastest time possible
To help you with your equity release business and when you have a query that you need resolving, contacting the right people helps us, help you quicker. Who to call... Your dedicated Broker Support [...]
Later Life Planning Update – January 2019
Welcome to our latest update dedicated to the topic of later life planning. Please take the time to read through the update as there may be some information that is important to you. This month's [...]
TFC Homeloans: Weekly News Update
TFC have some great exclusives that we would like to remind members of The Right Mortgage about. Remember you can only get these through selected packagers and are not often listed on the lenders own [...]
Enterprise: Take a fresh look at financing opportunities
Our quick turnaround and flexible bridging loans on offer could be the perfect solution for purchasing an uninhabitable property or funding a lease extension. Available Second Charge mortgages could be used to pay off a [...]
Magellan: Launches specialist prime mortgages with 90% LTV
Specialist lender Magellan Homeloans today announced its entry into the prime specialist residential mortgage sector with the introduction of its new range of mortgages – Magellan Specialist Prime – available across England, Wales and Scotland. [...]
Clydesdale: Rate reductions and new products
Exciting news. We have reduced some of our rates and introduced a number of new products to the residential mortgage range. Rate Reductions Click here to see the reduced rates. New Products We have introduced [...]
Fleet Mortgages: Withdraws current product range
Fleet Mortgages withdrew their entire product range on Tuesday 08/01/2019 with immediate effect. Any DIPS and APPLICATIONS that have been received from the 08/01/19 will be DECLINED. Fleet Mortgages have said, "We have recently completed [...]
Virgin Money: Get a flying start to 2019
An estimated 750,000 mortgages are due to mature in H1 2019.¹ So there’s never been a better time to boost your remortgage business. And we’re ready to help you make the most of this opportunity. [...]
Principality Building Society: 2018 has proven to be an eventful year, and not just on the political stage
At Principality our intermediary team have been working hard to support you and your clients. We appointed four new BDM’s out on the field, covering even more of England and Wales, as well as building [...]
Brightstar Hub: New year, new products
Please find below an overview of two new product ranges that have been launched: NEW 90% LTV prime residential mortgage range by Magellan Homeloans with rates from 2.74% Don’t forget that cases for Magellan Homeloans [...]
Canada Life: Introducing our Equity Release Exam Workshops
We're thrilled to introduce our next series of Equity Release Exam Workshops, which have been designed with mortgage advisers in mind. The equity release market is booming, and we're proud to be supporting advisers who [...]
Hinckley and Rugby: Newly launched broker platform
H&R for Intermediaries is pleased to announce that its newly-launched broker platform is live for residential and consumer BTL mortgages, where you’ll be on track for a host of new creature comforts to smooth the [...]
Atom Bank: Mortgage rate changes
We’ve made rate changes across our range of residential mortgage products. Here’s what you need to know: We’ve decreased rates for 51 of our 2, 3 and 5 year products; We’ve increased rates for 10 [...]
Secure Trust Bank: proposal to cease new Mortgage lending
The current economic climate, increased competition and continued uncertainties in the wider housing market have put the mortgage industry under huge pressure. These market pressures show no sign of abating, with competition intensifying as evidenced [...]
Marsden: My client’s looking for a remortgage in retirement…
What options are available for a "Remortgage in Retirement"? If you have a client over the age of 55 looking for a remortgage there's lots of options available dependent on what exactly they're looking for, here's [...]
Weekly Mortgage Update – 11th January 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: Fleet Mortgages withdraws current [...]
Coventry: Mortgage maturity
Your clients' mortgages are maturing Our next BTL mortgage maturity is 30 April We’ll be writing to our BTL customers with April 2019 maturities in January to let them know – so now’s the [...]
Virgin Money: We’re slimming down for 2019
We want to start 2019 in the best shape possible, so we’re slimming down our product range to make it easier for you to find the best fit for your customer. We have withdrawn the [...]
Canada Life: Introducing our new range of workshops
We're thrilled to introduce our new range of workshops, which have been designed with you in mind. Whether you wish to get qualified and join the equity release sector, or you're an experienced adviser who [...]
Vida Homeloans: Changes to online portal
We have implemented some changes to our online portal following feedback. Credit commitments and debt consolidations Following feedback received, wording has been changed and help text updated on the Expenditure pages to make it clear [...]
The Mortgage Lender: Completion fee choices are coming down
We have a great range of buy-to-let completion fee products including our £0 completion fee range. Three tiers of completion fees to suit a whole host of circumstances; Rates start from 3.09% for standard Individuals, [...]
The Mortgage Works: End dates extension
We've extended the end dates across all New Business products. Product highlights 2.19% 5 year fixed upto 65% LTV Purchase and remortgage Free valuation and £250 cashback £1,995 arrangement fee ERCs apply [...]
Buckinghamshire Building Society: Launches new 2 year discount contractor mortgages
We have now introduced 2 year discount contractor mortgages. There are two products, one up to 80% LTV and the other up to 95% LTV. Our 95% LTV product is designed to attract contractors with [...]
Weekly Mortgage Update – 04th January 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: Vida Homeloans make changes [...]
Foundation homeloans: Criteria changes
I just wanted to make you aware that we have changed our criteria and maximum loan. For both Standard and Ltd company B2L’s we will now go up to £1.5m at 65% LTV. For more [...]
Pepper Money: Residential rate cuts for clients with recent adverse credit
Residential Rates Cut for clients with recent adverse credit Pepper Money have refreshed their Residential product range. The highlight is they’ve cut rates by up to 0.55% on 5 year fixed for their Pepper [...]
The Family Building Society: Expat changes
Expats – Changes to countries and residence and ID requirements We’ve listened to your feedback and made some changes to the countries of residence and reduced the ID requirements for expat business. The main [...]
The Hanley: Withdrawal and New Product
Hanley Intermediaries is pleased to confirm our latest Self-Build product; MDS177: 3.99% Self-Build 2 Year Variable Discount (80% LTV, £899 Fees) For more information click here to see the product sheet.
Vida Homeloans: The new specialist solution for remortgage customers
Vida has recently launched its Joint Borrower Sole Proprietor product called ‘Helping Hand’ and is the first specialist lender to offer this solution. Several intermediaries have been in contact since the launch of Helping Hand [...]
Barclays: Product changes
Please be advised we have made a number of changes across our Residential and Reward ranges with new product’s launched. Speculation of a base rate rise in August continues and many customers will no doubt be thinking about [...]
HSBC: Planned maintenance
Due to planned maintenance, the broker platform will be unavailable from 8pm Friday 20 July until 7am Sunday 22 July. Please can you make sure that you manage your mortgage cases effectively. We apologise for [...]
The Mortgage Lender: Resi, steady, go
We know people come in all shapes and sizes, it’s as normal to be self-employed or freelance as it is to be a permanent employee. Being single or divorced is as common as being married. [...]
NatWest: Residential rate reductions
Tomorrow, NatWest will be introducing rate changes to its range of residential and buy-to-let deals for existing customers. The move to introduce sizeable reductions in our switcher products is another step in our journey to [...]
Virgin Money: Product withdrawal notice
We have withdrawn the following Intermediary Exclusive buy to let products: 2 Year Fixed Rate at 60% LTV with a £995 fee 2 Year Fixed Rate at 60% LTV with a £1,995 fee In line [...]
Santander: Even more reasons to choose Santader
Here are some more reasons to recommend Santander to your clients. For interest only there's no minimum income and we’ll lend up to the oldest applicant’s 70th birthday; Your client will get a soft footprint [...]
Weekly Mortgage Update – 20th July 2018
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: L&G Mortgage Club release [...]
Fleet Mortgages: Multi-unit blocks
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
The Marsden: Here’s why we should be your top pick
Buy to Let remortgage - Here's why we should be your top pick... With growing demand from brokers for Buy to Let remortgage, we've made some changes to our products and criteria to support you [...]
L&G Home Finance: We have REDUCED the interest rates on some products
Great news! We have made some exciting changes to Premier Flexible. More people will qualify as we are reducing the minimum loan size from £250,000 to £100,000. Customers will no longer need to pay a valuation [...]
Hodge Lifetime: Product change notification
As of 2nd July 2018, improvements will be made to the following products: 55+ Mortgage 55+ RIO Mortgage 55+ Retirement Interest Only Mortgage: Maximum Loan Value - £1m (was £500k) Maximum Property Value - £3m (was [...]
Together: introduce new summer rate
You didn't know it wasn't fancy dress, but you'll be the first to know about our summer rate. Register with Together, and we’ll make sure that you’re the first to know about our residential mortgage [...]
Fleet Mortgages: Up to age 79 at application
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Chorley Building Society: Enters 95% LTV New Build market
Chorley Building Society,(already lend in the Help to Buy England and Wales schemes) have re-entered the high loan to value 95% market on residential houses, this includes new builds (but not Flats). The territorial market [...]
Clydesdale Bank: Rate reductions & more
Great news - we’ve reduced rates on a number of products and we’ve introduced some new products too. Rate Reductions The following rates have reduced, live now: Product Old Rate New Rate 2 Year fixed [...]
Vida Homeloans: New Helping Hand Mortgage
The Helping Hand mortgage from Vida Homeloans has been designed to allow parents to join their child on the mortgage (and to have their income taken into account as part of Vida’s affordability assessment) without [...]
Leek United: increases loan limit by £100k
Leek United has increased its mortgage lending limit from 85% LTV and above. The change sees a £100k rise – from £300,000 to £400,000 – on the Society’s 95% Loan To Value (LTV) mortgages, with [...]
Virgin Money: Continue to enhance their intermediary proposition
On 25 June, Virgin Money made key enhancements and changes to their proposition: BTL Portfolio Landlord applications now accepted. Free valuations and a choice of free legal work or cashback for BTL remortgages. Maximum term [...]
Atom Bank: Millennials can have their avocado toast and eat it too with our new first-time buyer mortgages
Millennials get a bad rap. They’re self-obsessed selfie-lovers. They eat too much avocado. They think man-buns are cool. There’s an endless number of stereotypes levelled at 20-36 year-olds, yet if there’s one that that does ring true it’s [...]
Pepper Money: Enhances Criteria for the Self-Employed
As part of their Fresh Criteria, Pepper Money has enhanced its criteria for self-employed borrowers. To assess affordability of self-employed applicants, Pepper Money will now use the latest year’s figures rather than an average of [...]
Santander: Important lending policy and service changes
We’ve increased the maximum loan amount and LTVs for residential non-new build flats and made some changes to the way you and your clients pay fees. Residential non-new build flats Maximum LTV Loan amount What's [...]
Precise Mortgages: Maximum LTC increased on bridging finance
Precise are delighted to confirm their maximum LTV has increased to 75% for Regulated and Non-regulated Light Refurbishment and Standard Bridging Finance. We’re sure you’ll agree this is great news and will allow us to [...]
Kent Reliance: Buy to let Britain report
We are pleased to announce the release of the eighth edition of Kent Reliance’s Buy to Let Britain report. This is a detailed analysis of the key trends in the private rented sector (PRS) and the Buy [...]
Weekly Mortgage Update – 29th June 2018
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: L&G home finance announce [...]
Precise Mortgages: Buy to let limited edition 5 year fixed mortgage
We are pleased to share details of a series of new limited edition BTL products that are now available. Product summary: 49% 5-yr fixed with 1.5% fee, minimum £300k loan size; 3.59% 5-yr fixed with [...]
Pepper Money: Introduces day rate contractor calculations
As part of their Fresh Criteria, Pepper Money has launched a better deal for the growing population of contract workers, with the introduction of day rate calculations to assess affordability. Between 2008 and 2017, the [...]
Coventry: Product closures
Please see product updates below. Closing products 8pm Monday 25th June 2018 Residential and offset Up to 65% LTV (no change) Over 65% LTV (no change) [...]
Crystal Specialist Finance: Secure £9M solution
Crystal Specialist Finance (CSF) and Amicus have secured deals totalling over £9.1m to ensure the successful purchase and development of a largescale residential project for an established property developer. Initially a £3m bridge was agreed [...]
Santander: Overtime
To use overtime as primary income (100%), amounts must be regular and consistent and not a short-term trend. We’ll use the lowest monthly payment from the last three months’ payslips x 12* If there [...]
Digital Mortgages: Mortgage rate changes
We have updated a number of rates from our range of residential mortgage products. We’ve made reductions across our first-time buyer range; Higher LTV bands for remortgage and purchase rates will see small decreases; Lower [...]
Marsden: Takes 125bps off Buy to Let range & launches new First Time Buyer and Older Borrower products
First Time Buyer, Older Borrowers & Buy to Let We've made some changes to our product portfolios effective this week and live on sourcing and our website. Residential Extended end dates for First Time [...]
Clydesdale Bank: Product changes
What’s Changing? The following residential products are being withdrawn from sale today: 2 year fixed to 75% LTV (Fee Offer) – 1.79% 2 year fixed to 80% LTV (Fee Offer) – 1.89% Product Transfers [...]
Fleet Mortgages: The Quest by Landlords for Increased Profitability
The quest by landlords for increased profitability within their portfolios is not going away; in fact as a series of regulatory and political measures have hit the ability of those properties to make a profit, [...]
Enterprise: Get more from your existing client bank
Are you looking for ways to generate more business? The obvious, simple solution may be right in front of you… Many of your clients may need to raise additional funds but are locked into: Interest-only [...]
Leek United: Doubles mortgage offer period
Leek United has doubled the offer period on its mortgages from three months to six months*. The increase – which came into effect this month (June) – gives homebuyers the reassurance of additional time to [...]
The Hanley: Release new residential product
Hanley Intermediaries is pleased to confirm our new residential product MDS173: 1.85% 5 Year Discount (50% LTV, Capital & Repayment or Interest Only) If you have any queries or I can be of any assistance, [...]
Kent Reliance: Amplifies their wider residential criteria
his week we are pleased to announce that we have made significant changes to our residential proposition – namely the expansion of our near-prime product offering. Our Business Development Manager, Matthew Butt and Broker Liaison Manager, Alan [...]
Weekly Mortgage Update – 22nd June 2018
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 Finance want [...]
Hodge: Release new mortgage product
The 55+ Retirement Interest Only Mortgage The UK's first residential 'no end date' mortgage for over 55's from a company dedicated to later life lending since 1965. What is it: A residential interest only mortgage [...]
Marsden: Launch new products
Buy to Let, First Time Buyer and Older Borrowers What happens next? Products will be available on sourcing systems from today You can find downloads for our product portfolios below and on our website Our Intermediary [...]
The Right Will: Will and estate planning software
Will and Estate Planning Software Increase your earning potential with our simple to use software Fantastic income generator £170 per mirror Will £1,100 for Lasting Powers of Attorney for a couple Simple to use [...]
Just: New lifetime mortgage application form
Lifetime Mortgage application form We would like to let you know that the lifetime mortgage application form has changed. Download the application form To avoid delays in processing, please make sure all relevant [...]
More 2 Life: Social media guide and Capital Choice rate decrease
Equity release advisers & social media Recently, we undertook some research into the social media habits of equity release advisers, and the findings were interesting to say the least. While 79% of advisers use [...]
Retirement Advantage: Equity Release Lead Generation Workshop
Following on from our popular Equity Release Exam Workshops, the Equity Release Lead Generation Workshops have been developed for Equity Release advisers who are newly qualified or want to increase their engagement with the sector. [...]
Golden Charter: Talking funeral plans
You work hard to develop close working relationships with your clients so that you provide value to them. You think about their needs and their circumstances before a meeting to ensure that the advice and [...]
Aviva: Equity release CPD modules
CPD Modules Click on the button below to be taken to Aviva's equity release CPD modules. Choose the modules relevant to your personal development. Modules 1 and 2 are aimed at those not active [...]
Ipswich BS: Clients borrowing into later life?
Clients borrowing into later life? New options from Ipswich Building Society. Since the implementation of the Mortgage Market Review (MMR) in 2014, borrowers in their mid-forties and above found they had a reduced choice [...]
Principality: Appoint a New Build Business Development Manager
Principality Building Society has appointed Julia Debattista as New Build Business Development Manager in support of their commitment to the new build sector. Julia joined the Society as a Senior Underwriter in 2015 and joined [...]
Dudley BS: Guaranteed pension income
A Case Study we thought you may find interesting Guaranteed pension income helping borrowers to build a much needed extension... We received a joint application for a £75,000 loan on residential remortgage at a [...]
Enterprise: How to spot landlord opportunities
According to a recent report, April saw the highest number of landlords selling their Buy-to-Let properties since records began in 2016. With extra stamp duty and stricter regulatory and lender tests in place, it seems [...]
Hodge: Launch Retirement Interest Only plan
We are pleased to have launched our residential Retirement Interest Only plan. The RIO will sit alongside our existing 55+ Interest Only (and ER plans for those who are licenced). The 55+ RIO The mortgage [...]
HSBC: Changes to Mortgage Products and Booking Fees
We have made a number of changes to our residential mortgage product range and how we charge our booking fees. With the launch of this new range of products, we will be making the booking [...]
Fleet Mortgages: Income from Rental Accepted
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Foundation Home Loans: Positive changes to buy to let products
We are pleased to share with you some really positive changes we have made to our product range. We are constantly reviewing our rates and it is essential that we remain competitive and in some [...]
The Mortgage Lender: Product changes
We have replaced our residential products, and have also launched a cashback semi exclusive product that is available to our Network and Club routes only. Our rates have been reduced across our tracker products, and [...]
Precise Mortgages: Launch new buy to let product
Hot off the press - we have be launched a series of new limited edition BTL products that are available now. The products are described in detail in the attached excel file, but in summary are: 3.49% 5-yr [...]
Santander: Key account exclusive
We have extended our All Key Account Exclusive products to purchase customers. Don't miss out as these products are available for a limited time only. Full details can be found here
The Hanley – Product withdrawal
We have withdrawn the following products: MDS168 - 1.54% Variable Discount for 5 Years To see our full range of products visit our website.
Vida Homeloans: Seeking good yields for your BTL clients?
For buy to let investors the challenges that come with the London housing bubble are well understood. What is not so commonly reported is the fact that areas in the North West have been top [...]
3mc: New Packager Exclusives Launched
We are pleased to announce the launch of new Buy to Let and Residential packager exclusives with Foundation Homeloans and The Mortgage Lender. The Foundation Homeloans BTL 5 year fixed rate calculates the minimum rental stress from 125% at [...]
Weekly Mortgage Update – 15th June 2018
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: HSBC announce changes [...]
Vida Homeloans: BTL Remortgage Market – Are You Missing Out?
UK Finance figures show that buy-to-let lending for property purchases fell by 8.8% year-on-year in February to 5,200 but buy-to-let remortgage completions were up by 20.5% to 14,100. Are you taking advantage of this relatively [...]
Fleet Mortgages: Gifted Deposits
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Hanley Economic: Product withdrawl
Please note that we will be withdrawing our Buy to Let mortgage Code MDS167 – 75% LTV, 1.75% discount mortgage for 2 years. Any outstanding applications are required to be uploaded onto our online system [...]
Digital Mortgages: Mortgage rate changes
We have made changes across our range of residential mortgage products. We’ve increased the rates on some of our 2, 3 and 5 year purchase and remortgage products, at 60% to 90% LTV. We’ve also [...]
Magellan Homeloans: now pay procuration fees on exchange of contracts
We understand how frustrating it can be when you’re waiting to be paid. That’s why we’ve recently announced that we are now paying procuration fees at exchange of contracts, rather than the traditional wait until [...]
Santander: Customer contact information
As part of the application process we need all areas of the application form completed. This includes details of your client's mobile number, landline or email address. This information supports 3 key areas of the mortgage [...]
Enterprise Finance: Your opportunity to embrace commercial mortgages
Have you said “no” to a client recently, when their requirements seemed too complicated? For example, do you have clients that wanted to start a new business which needed to purchase a property? Immediately - [...]
Marsden: Expat product launch
You have access to our expat range. Here’s everything you need to know… We have launched our Expat Residential and Expat Buy to Let mortgages on sourcing and on our website meaning you're eligible to [...]
HSBC: Our ambition is to help you achieve yours
We recently launched a number of 95% LTV mortgage products as part of our continued commitment to the intermediary market and have further enhanced our product offering to support you and your clients. [...]
Coventry: Product updates
Please see product updates below. Closed products Residential and offset Up to 65% LTV Over 65% LTV Residential and offset Up to 65% LTV (no change) [...]
NatWest: Reintroduce 2 year semi exclusives
NatWest has introduced rate changes to its core and semi-exclusive ranges of residential purchase mortgages and remortgages. There is also an introduction of new core and semi-exclusive residential products. Here’s a summary of the changes: [...]
Leek United: New summer deals
Get them while it’s hot..! Leek United gives its mortgage portfolio an early summer boost this week, with the launch of two great new Fixed Rate deals. A Two-Year 75% Loan To Value (LTV) Fixed [...]
Weekly Mortgage Update – 08th June 2018
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: HSBC help you [...]
Birmingham Midshires: Product transfer
Our BTL product transfer range allows your client to choose a new product for their existing BM Solutions mortgage; - PTs can be keyed up to 90 days prior to the current mortgage product expiring [...]
Aldermore: Strengthens remortgage range
Aldermore has launched a new range of remortgage only products up to 90% LTV on its Residential Range with no valuation, legal, application or product fees^, ideal for clients who may want to move from [...]
Leeds BS: Help to buy remortgages
Help to Buy remortgages As of the 1st April the Help to Buy: Equity Loan Scheme (England) (HTB) will have been available for 5 years. Designed to help buyers get on or move up [...]
3mc: New exclusives – new limited company buy to let product
We are pleased to announce the launch of a new Limited Company Buy to Let 5 year fixed rate packager Exclusive with Precise Mortgages. The product is 0.10% cheaper than the standard product and is available [...]
Clydesdale Bank: Product changes
What’s Changing? We’ve had a great reception to our residential 5 year fixed rate at 1.89% available to 75% LTV but the time has come to withdraw the product from sale. This withdrawal applies to [...]
Virgin Money: launches longer fixed rates
More and more customers are looking for longer-term fixed products to benefit from low interest rates and the security of fixed monthly payments. With the potential of an increase in the Bank of England base [...]
Fleet Mortgages: Why Fleet Mortgages?
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Marsden: Interest only downsizing
Did you know? We allow downsizing as a repayment vehicle? Steve Robinson, Head of Lending at the Marsden said, "We're seeing a growing demand for Older Borrowers in retirement who are looking to downsize in [...]
Santander: Key Account exclusive remortgage products
On Wednesday 30 May 2018 launched 4 new Key Account exclusive remortgage products* for a limited time only. NEW! Key Account exclusives (remortgage only)* 60% LTV 2 year fixed rate 1.44% with £1249 product fee. [...]
Weekly Mortgage Update – 01st June 2018
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: Clydesdale Bank announce [...]
Buildloan: Right to build roadshow
Right to Build is a BIG deal for you and your clients. Learn how you can maximise this opportunity and support your client’s wishing to build or commission their own homes with a free ‘Right [...]
Pepper Money: Fresh criteria
Pepper Money has revamped its product range with a wealth of fresh criteria to make it easier for brokers to place their interesting cases. The new criteria includes: Small utilities, communications and mail order defaults [...]
