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.
- Coventry for Intermediaries highlights the business opportunities for brokers with buy to let clients;
Uinsure: Fight back against Underinsurance
Fight back against Underinsurance This month, we've turned our attentions to raising awareness of just how dangerous Underinsurance is - as part of our #QualityMattersMost campaign. After the fantastic response rate to last month's Keys to Success [...]
Santander: Buy to let remortgages
Yes, it’s true…Buy to Let remortgage BIG Buy to Let remortgage opportunity in 2018! Get talking to the clients you helped two years ago before the stamp duty changes in April 2016 Flexible approach to [...]
The Mortgage Works: Our latest tenant demand report
Our Q4 2017 Tenant Demand Report follows on from the recently shared Buy to Let Barometer, with content also taken from BDRC Continental's latest Landlord Panel research. It details the extent to which landlords perceive [...]
Enterprise: We’re working with intermediaries to solve complex client cases
Day in, day out, we’re working with intermediaries to solve complex client cases You may know Enterprise Finance for Second Charge Mortgages – but we’re here to help your clients with more than that. In [...]
Fleet Mortgages: The Logical Choice for your Portfolio Landlords
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Aldermore: reduces rates across high LTV and help to buy ranges
Aldermore has reduced rates on its High Loan to Value range by up to 0.5% and removed its remortgage application fee. They have also introduced a new five year fixed rate mortgage with no product [...]
Marsden: Picture this, a lender with interest only lending solutions for the retired
Our Older Borrower range offers solutions for clients over the age of 55 to borrow in or into retirement. Our intermediary support team are on hand to discuss any questions you may have about our [...]
Clydesdale Bank: First Time Buyer Products up to 95% LTV
When placing clients that are buying their first home, it’s not just a great rate that you’re looking for. We understand the pride of owning your first home, so we don’t ask for family savings [...]
Principality: Take five
At Principality, we value the relationships we have with our brokers. And that’s why, we’ve made five promises that you can trust us to keep. Based on your feedback about what’s important to you, our [...]
Accord Mortgages: BTL product withdrawal
Due to unprecedented application volumes in recent weeks, we’ve withdrawn 26 BTL products. 20 x 2 year deals 3 x 3 year deals 3 x 5 year products The remaining 38 BTL products will remain [...]
The Mortgage Lender: Product changes
We are pleased to announce the launch of our new product range. In response to direct feedback, our new range will provide greater certainty allowing you to easily identify the product an applicant will qualify [...]
Crystal Finance: Top 20 Reasons to use Crystal Specialist Finance
We have put together a list of top 20 reasons to call us: Tight completion deadlines Land and development finance Adverse credit / low credit score Portflios HMO All income sources considered Overseas borrower / [...]
Virgin Money: We love to listen
We love it when you’re honest with us. Without your feedback, we’d be working in the dark. And in the first 12 months our rating and review service has been live, you’ve given us an [...]
Vida Homeloans: GDPR, a few tips for brokers
We have put together a few of our thoughts on GDPR and how it will affect mortgage intermediaries in the Q&A below. How is your business preparing for GDPR? Vida Homeloans has a GDPR implementation [...]
NatWest: withdraw residential products from semi-exclusive range
On Wednesday the 21st February , NatWest will be withdrawing all residential products from our semi-exclusive range. Having reviewed our product portfolio in line with the prevailing market conditions, we are withdrawing our residential exclusive [...]
Weekly Mortgage Update – 23rd February 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: NatWest withdraw residental [...]
Buckinghamshire BS: Repriced mortgage product
We have closed our buy to let product BL32 and replacing it with the below BL40. See our BL40 buy to let product range
Fleet Mortgages: The Logical Choice for your Portfolio Landlords: Clients looking to remortgage?
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Marsden: Will you be our valentine this year?
We really do love lending to Older Borrowers… When it comes to clients over the age of 55, they can often find borrowing more difficult the older they get. As we approach Valentine’s Day [...]
Barclays: New and Reduced Residential and Buy to Let Products
We are pleased to confirm we have made a number of positive changes to both our Residential and Buy to Let product range(s). New products Introducing a 1.50% 2 Year Fixed, £999 product fee, available up [...]
Vida Homeloans: Fly around the World with Vida Homeloans
Vida Homeloans has teamed up with Jet Masterclass to offer our registered intermediaries the chance to win an exclusive experience on a Boeing B737-800 Flight Training Simulator, an opportunity not open to the public. Winners [...]
TFC Homeloans: Adds more specialist lending events
TFC has started a yearlong series of events designed to improve brokers learning within the specialist lending market. We are covering a host of topics across the country including: Bridging Finance Challenges in the buy-to-let [...]
Clydesdale Bank: launch new FTB product
We’ve added a 5 year fixed rate to our range of First Time Buyer products. First Time Buyer 5 year fixed to 95% LTV Available to first time buyers only, the product is a 5 [...]
Santander: Buy to let
Yes, it’s true…Buy to Let Our Buy to Let calculator quickly tells you how much your client could borrow Minimum income of £25,000 for all applications All income types accepted (excluding rental income) No [...]
Accord Mortgages: BTL product withdrawal
We have withdrawn two BTL 60% LTV remortgage deals. 500672 – 2.27% 5 year fixed rate, free valuation, paid legal fees & £500 cashback 102267 – 2.27% 5 year fixed rate, free valuation & [...]
Virgin Money: Committed to BTL
Virgin Money are Committed to BTL Virgin Money offer Buy-to-Let loans, including Consumer Buy-to-Let, for properties that are occupied under a rental agreement and where there is no intention for the borrower or their [...]
Nationwide: Rate changes
We're increasing our 2 year fixed rates at 60% LTV by 0.05%. 2 Year fixed rate changes 2 year fixed rates at 60% LTV with a £999 and £0 fee increased by 0.05% to 1.39% [...]
Enterprise: If we haven’t met yet, why not?
If we haven’t met yet, why not? Here at Enterprise Finance, we take pride in building real relationships with intermediaries, so you have access to a dedicated, field-based contact no matter where you are in [...]
The Tipton: New Intermediary Fixed Rates
We are delighted to advise we have launched a new range of semi-exclusive fixed rates. NEW FIXED RATES (2 Year, 3 year and 5 year products) New Purchase Products FE082 2.49% fixed until 30 [...]
The Mortgage Works: Introduce new products & rate changes
Introducing our lowest ever 5 year fixed rate at 1.99% We have reduced selected 5 year fixed rates at 50% LTV by 0.15%. And we're introducing 50% LTV, 2 and 5 year fixed rate products, including our [...]
Weekly Mortgage Update – 16th February 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: Principality announce updates [...]
Masthaven: Mortgages that open different doors
Just like houses our Mortgages come in a range of styles and sizes to suit individual circumstances. Download our first charge mortgage guide Download our second charge mortgage guide Take [...]
Enterprise – Let us help you build bridges, not barriers
We recognise there’s little better than Bridging Finance when your clients need fast or highly-flexible finance. From landlords snapping up properties and making conversions, to small property developers funding renovations for resale - bridging can be [...]
Clydesdale Bank – rate reductions
Great news, the following rates have reduced. What's changed? Product Old Rate New Rate 2 year fixed to 95% LTV (first time buyer) 3.99% 3.49% 3 year fixed to 90% LTV (first time buyer) 2.69% [...]
Leeds BS – launched a new product range for high LTV residential and Help to Buy with cashback
We are pleased to announce we have launched a new product range for high LTV residential and Help to Buy with cashback. Residential – 2 year fixed 1.99% fee saver 2 year fixed rate available [...]
Precise Mortgages – Launch new products
We are pleased to announce that we have launched Tier 2 HMO, re-launching the specialist BTL remortgage products and launching a fantastic new set of limited edition 2 year fixed remortgage only products. Precise Mortgages – [...]
Nationwide – Unexpected pickup in annual price growth in January
Annual house price growth accelerates to 3.2% Month-on-month pace of increase steady at 0.6% Download our January HPI report
Coventry – Product updates
Closing products Residential and Offset Up to 65% LTV Over 65% LTV Buy to Let Up to 65% LTV Over 65% LTV (no change) [...]
Fleet Mortgages – The logical choice for Fleet Mortgages around portfolio landlords
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Digital Mortgages – Rate changes
We’re re-introducing two year purchase and remortgage products. Your customers could snap up a two year fixed rate mortgage with no product fee at 1.49% and just 1.39% with a product fee. PLUS we’re cutting [...]
Vida Homeloans – Growth in specialist lending drives recruitment
Growth in specialist lending drives recruitment We’re expanding our UK key account management team, recruiting 3 new roles and promoting 3 senior sales people as part of our 2018 distribution strategy. With increased interest in [...]
Virgin Money – Simple BTL Affordability Calculator
To keep things simple, Virgin Money have one BTL affordability calculator so you can check the loan amount we’d offer your client. Continue to declare all of your client’s credit commitments and our calculator will [...]
Buckinghamshire BS – Hold L&G breakfast meeting
Buckinghamshire BS and L&G Breakfast Meeting , 2 hour event from 9.30am - 13th March at Colemen Street EC2R 2 HOUR EVENT CPD CERTIFICATES AVAILABLE The Buckinghamshire would be delighted if you and your [...]
Santander – pound for pound buy to let remortgage
In the know…£ for £ Buy to Let remortgage 125% minimum rental cover at 5.00% affordability rate OR… 4.50% affordability rate for 5 year fixed rates (meets eligibility criteria for transitional arrangement) Minimum income of [...]
Weekly Mortgage Update – 09th February 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: Precise Mortgages are [...]
Vida Homeloans: First time buyer transactions are increasing
First Time Buyer transactions are increasing… First Time Buyer numbers have grown 15% year-on-year, with FTBs rapidly becoming the new ‘Special Customer’ – for life! Vida’s Director of Sales – Mortgages, Louisa Sedgwick, has suggested [...]
3MC: New residential & BTL Exclusives
We have 13 different packager exclusive products available for both Residential and Buy to Let products. The available products include the following criteria:- 90% LTV with communication Defaults within the last 12 months 85% LTV with DMP's [...]
Virgin Money: We are red hot with personal income for BTL
To help more of your clients get the loan amount they need, we’ve increased the flexibility of our buy-to-let underwriting. That’s why we allow clients to include personal income in the affordability test. The rental [...]
Principality: Retention Procuration Fees
Retention Procuration Fees Don’t forget we are paying a retention procuration fee of 0.20% to intermediaries for recommending a product transfer for both residential and buy to let. We've completed a successful pilot with London & Country to [...]
Accord Mortgages: Reducing ICR for straight switch remortgages
Accord Mortgages interest coverage ratio (ICR) is now 125% on 2 & 3 year fixed rate deals for ‘straight switch’ remortgaging landlords. On Wednesday, 31 January Accord are reducing their minimum rental cover requirements for [...]
Weekly Mortgage Update – 02nd February 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: Virgin Money are [...]
Fleet Mortgages: The Logical Choice for your Portfolio Landlords
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
The Mortgage Works: Stop and think what it takes to prevent fraud
Take Five is a national awareness campaign that offers advice to help consumers prevent financial fraud. This includes email deception and phone-based scams, as well as online fraud - particularly where criminals impersonate trusted organisations. What can [...]
Marsden: First time buyers in 2018
Higher demand, more fixed rates and new products We're only 4 weeks into 2018 but the demand from first time buyers is already on the rise and more of our intermediaries are looking for [...]
NatWest: Introduce rate changes and transitional arrangements
We are making some changes to our mortgage range. Download the summary of changes for new customers here Download the summary of changes for existing customers here Transitional arrangements You’ll be able to [...]
Buckinghamshire BS: Launch new online broker portal
The launch of Buckinghamshire Building Society’s Broker Online system is an important step in their commitment to building a strong intermediary business and delivering an excellent service. Tim Vigeon Head of Lending “After testing the [...]
Santander: In the know about product transfers
In the know…Product transfers It’s quick and easy to transfer your client’s existing Santander mortgage using our online mortgage transfer service You will need your client’s permission to sign on using the following personal details: [...]
Nationwide: Selected rate changes
We're increasing 60% LTV 5 year fixed and tracker rates by 0.10%. We're also increasing selected 2 year fixed and tracker rates across our Equity Share product range. 5 year fixed rate increases 5 year fixed rates [...]
Virgin Money: We can help with your new build customers
Virgin Money regularly review their approach to new build to develop their proposition. Some of the new developments they have recently launched include: Improving the way they calculate affordability so that they can offer more [...]
Vida Homeloans: 2017 what a year
Since our launch just over one year ago, Vida Homeloans has come a long way and built solid foundations for future expansion into becoming a multi-billion pound specialist mortgage lender. Vida is 100% committed to [...]
The Tipton: New intermediary fixed rates
We are delighted to advise we have cut our semi-exclusive fixed rates. Changes are summarised below. New fixed rates New Purchase Products FE079 2.68% Fixed Rate until 31 Mar 2020 – Max 90% LTV [...]
Buckinghamshire BS: New first time buyer products
We have closed our existing first time buyer products – DF04 and FF04, and have launched 3 new products in this area, product information is below FTB Fixed 3 year product leaflet [...]
Fleet Mortgages: Simple Rental Calculations
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
Santander: Selected rate reductions
Selected rate reductions to our fixed rate products Great news! We have made some improvements to selected Buy to Let, Residential, Help to Buy: equity loan and New Build fixed deals. Buy to Let [...]
Principality: We’re making some changes to our mortgage range
We would like to inform you that we are making some changes to our mortgage range. Residential mortgage range changes: Product code 11422 - 2 year residential, 90% LTV fixed rate will increase by 0.20%. [...]
Enterprise: Don’t duck your taxes
As HMRC’s duck-themed ads have been telling us, the longer tax returns are put off, the more they peck away at you. But, with the unavoidable Self-Assessment deadline on the 31st January, you may find [...]
Marsden: Ageing mortgage prisoners
CHARGE: Getting Older As your clients approach arguably "the better years" there are many that find themselves turned away from existing lenders on the basis that they're over the age of 55 and are [...]
Coventry: tell us how to keep in touch
As an integral part of our business we’re keen to understand how you would like us to communicate with you. We want to make sure we’re giving you information that you’d like to see, in [...]
One Family: 2-year Fixed Rate offer lets homeowners fix their repayments until 30th November 2020
This new product therefore is ideal for people who are generally happy with a variable rate but would prefer the stability of a fixed rate for budgeting purposes in the first couple of years – [...]
Weekly Mortgage Update – 26th January 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: One Family offer new [...]