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:
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 [...]