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:
Weekly Mortgage Update – 10th July 2020
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 Mortgages release [...]
Service and support update from Accord Mortgages
Over the last few weeks, we have seen record volumes of applications and enquiries from existing brokers and those using us for the first time. We aim to provide the same level of support [...]
Buckinghamshire Building Society: Family Assist product range expands – new parental AVM option launch 6th July 2020
We are delighted to announce the expansion of Buckinghamshire Building Society Family Assist range from our existing FA09 Family Assist fixed rate to an additional three options with effect from today. The expansions of [...]
Cirencester Friendly: How they’re supporting you more now, than ever before
Let us know how you feel about the service and support we've delivered by voting in the Financial Adviser Service Awards.
Natwest updates furlough advice
NatWest has updated the furlough evidence it requires from mortgage applicants and told brokers it can no longer offer case updates or escalations for any applications within service level agreements (SLA). The lender said [...]
Metro Bank: Recently reduced their 75% LTV product range by 20bps for new customers
BUY TO LET We recently reduced our 75% LTV product range by 20bps for new customers and continue to offer all re-mortgage customers the benefit of two fees assisted options for properties up to [...]
Kent Reliance: Could you take home a £250 gift card?
How well do you know shared ownership? Are you seeing an increase in first-time buyers struggling to get on the property ladder? Or a rise in the amount of customers worried about high house [...]
Marsden Building Society: We’re lending up to 85% LTV
We’ve launched new products across our Residential, Later Life and Expat portfolios, introducing a new 85% LTV product. Product Details Product code FX674 - part of our Residential range. Available for purchase or remortgage. Fixed rate of 1.79% [...]
Hinckley & Rugby: Building societies have always tried to be there for their customers
“I’ll be there for you, when the rain starts to pour…” Like the famous Friends soundtrack goes, building societies have always tried to be there for their customers – and that’s remained the same [...]
Furness helps locals with 95% LTV lending
Furness Building Society has introduced 95% lending in LA postcodes in a bid to get behind first time buyers in its Heartland. With lenders dipping in and out of the high LTV space, Furness [...]
Pepper Money: The future of the adverse credit market
We are now at the stage where we can start to look forward and consider what shape the market might take beyond the COVID-19 crisis. The pandemic has impacted many areas of life, particularly [...]
Platform product withdrawal
Product Changes New Business Mainstream Temporary withdrawal of 5 year fixed £0 product fee (M2030) at 90% LTV. Buy to Let No change Help to Buy No change [...]
HSBC: Our latest service levels
As at Tuesday 9th July 2020 Applications in progress To avoid delays please submit the latest bank statements showing a salary credit within the last 35 days. Fully packaged [...]
Santander cuts cashback
Santander is removing cashback from all 85 per cent loan to value (LTV) fixed-rate purchase products from 10 July. All products will still receive a free standard valuation, up to a property value of [...]
Family Building Society: One size does not fit all
The Family Building Society believe in flexibility. They won't say no to your clients just because of their age or because they don’t tick the ‘normal’ boxes. They’ll always treat your client as an [...]
Virgin Money tightens policy on CCJs and missed payments
The lender will no longer accept borrowers who have a County Court Judgement (CCJ) or a default showing on a credit report. This applies to satisfied CCJs, that remain visible on a credit file, [...]