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 and buy to let ranges;
- TSB relaunch 2 year fixed residential products;
- Virgin Money are increasing rates.
TSB: Relaunch 2 year fixed residential products
TSB is re-introducing 2 year fixed, 60-85% LTV Residential First Time Buyer, House Purchase and Remortgage products. You’ll find the new product guide here. Please contact your National Account Manager if you have any [...]
Barclays: Residential short term lets
To support your existing Barclays mortgage clients who want the flexibility of letting their home via sharing platforms such as Airbnb, we’re pleased to announce that we will allow Barclays residential mortgage customers to [...]
Kensington: Announce product withdrawals
A reminder of products to be withdrawn are as follows Residential product withdrawals 1.99% 2 Year Fixed rate at 70% LTV All 85% LTV products - except for HERO’s range this will remain available [...]
Hanley Intermediaries: Let us know what you think
There is just one day left to give your feedback and be in with the chance to win a £50 Amazon voucher... Take the survey here. Closing date: 5pm on Friday 13th November Small print [...]
Foundation Homeloans: Latest landlord survey data shows healthy confidence
The landscape has been rocky for property investors for the last three years: no sooner did rental income tax relief taper away than the property market tripped over the Brexit vote, only to pick [...]
The Right Loan: Secure the right loan to spread the cost of Christmas
Did you know our team can release capital from your clients’ property in as little as 7 days? This means that your clients could consolidate their debts BEFORE Christmas has even begun all with [...]
The Mortgage Works: Announce rate reduction
We've reduced our 2 and 5 year fixed rate Limited Company products at 75% LTV by up to 0.25%. Click here to see our new business product guide. Limited Company product highlights [...]
Precise Mortgages: It’s business as usual
With the country locked down for the second time this year, Group Sales Director Adrian Moloney reveals the ways we’ll be supporting you to ensure you can continue to access the products your customers [...]
Virgin Money: We’re increasing rates
We’ve made some changes to the following mortgages: Product transfer 65% LTV 5 Year Fixed Rate fee saver option will be increased by 0.06% to 1.70%; 85% LTV fixed rates will be increased by [...]
Metro Bank: More policy enhancements
We just wanted to update you on some more positive changes we have made to our lending criteria. Don’t forget, our 90% LTV residential products are available to support your customers (please see our [...]
Nationwide: Keeping up to date with our lending criteria
Helping you find online answers to your criteria questions From the maximum loan size to acceptable deposit sources - be sure to check our latest criteria before submitting your case to prevent any delays with your applications. [...]
Weekly Mortgage Update – 13th November 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: Platform relaunch mainstream [...]
