Weekly Mortgage Update – 1st May

Weekly Mortgage Update – 1st 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:

  • Paragon issue new rate sheets including their new SVR;
  • Santander have new evidence requirements;
  • Coventry Intermediaries reintroduces 75% LTV remortgage products;
  • Barclays extends mortgage offers to six months.

Platform: Mortgage offers and documentation during this difficult time

Extensions to Mortgage Offers In light of the Covid-19 pandemic the Ministry of Housing, Communities & Local Government have recently issued guidance for buyers and sellers to be more flexible on moving dates and [...]

The Mortgage Lender have gone live with their desktop valuations

Just a quick update to advise we have gone live with our desktop valuations (up to 75% LTV).  Accepting this won’t fit every case we're sure you will agree it is a positive step [...]

Masthaven: have launched limited edition fees free remortgage rates

In response to changing times, Masthaven is giving your customers added flexibility with the launch of a new range of limited edition fees-free remortgages. Find out more Available on first charge residential two- and [...]

Hodge Lifetime: We are reducing our Standard Variable Rate by 0.50%

During these difficult times, we're trying to make things as easy as we can for our customers. Following the Bank of England's base rate reduction, we've reviewed our Standard Variable Rate and can confirm [...]

Pure Retirement have now developed desktop valuation solutions across their entire product range

We’ve now developed desktop valuation solutions across our entire product range, continuing to offer effective retirement solutions for your clients even in the current times. Desktop Heritage Range Mirrors the full range and offers [...]

Aviva have introduced new applications incorporation with the remote valuations launch

Aviva have introduced new applications incorporation with the remote valuations launch that we received yesterday. These forms should be used with immediate effect. A cut off date for the previous application forms will be [...]

Just are increasing the interest rate on their J2 LTV series

As from Thursday 30th April we are increasing interest rates on our J2 LTV series Please see details below J2 - Interest rates are shown without cash facility loading or interest servicing reductions   [...]

Coventry Intermediaries re-introduces 75% LTV remortgage products

Coventry for intermediaries re-introduces 75% LTV remortgage products and makes some temporary changes to how they underwrite self-employed cases. From 29th April 2020, Coventry for intermediaries will be re-introducing remortgage products at 75% LTV [...]

2020-05-01T12:53:37+01:00

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