The Right Mortgage and Protection Member Blog
Santander: Announce new 90% first time buyer exclusives and selected rate reductions
We’ve made improvements to our new business and product transfer mortgage ranges. New 90% LTV products available exclusively for first time buyers. Employed applicants only; self-employed applications continue to be temporarily restricted to 60% [...]
Precise Mortgages: Supporting you and your self-employed customers
Here's a recap of our residential mortgage products to see how we can provide specialist lending solutions to your self-employed customers. Up to 75% LTV for purchase and remortgage; Available in England, Wales and Scotland; [...]
Aldermore: We’ve made changes to our buy to let range
I'm pleased to let you know about the changes we've made to our buy to let mortgage range. Launch of 2 year fixed products to 75% LTV - purchase and remortgage (1.50% product fee)* [...]
Accord: Reinstates higher loan to income caps for higher incomes
Accord Mortgages is reverting its loan-to-income (LTI) cap to five times for those on an income of £60,000 and above. In October 2020, LTI caps were standardised to 4.49 for all incomes to manage [...]
Metro Bank: Cut 90% LTV rates by 0.40%
Metro Bank has announced rate reductions of 0.4% on its 90% LTV five-year fixed rate mortgages. Purchase rates are now available at 3.59%, with remortgage rates starting from 3.64%. Additionally, Metro Bank has partnered [...]
Halifax: Application Dashboard case tracking
The Completion section of our Application Dashboard is live meaning you can now track progress online on all applications through the full journey from new application to mortgage completion.Select the Completion section of the Dashboard [...]
Ipswich: Exciting changes to expat criteria
It's time for our third and penultimate weekly update, with our new Expat lending criteria. We have made the following changes to our Expat criteria: We will now accept a non-UK national as a [...]
Pure Retirement: Rate reductions on heritage and freedom 40 ranges
Rate Reductions on our Heritage and Freedom 40 Ranges MER AER New Rates across our Heritage Gilt ERCs Range 3.67% ‐ 4.39% 3.73% ‐ 4.48% New Rates across our Heritage Fixed ERCs Range 3.72% [...]
Nationwide: Increased maximum term on 90% LTV lending
We've increased the maximum loan term at 90% LTV back to 40 years. This change applies to all cases that receive their first DIP on or after Thursday 21 January. Please remember that for lending [...]
Just: Service update
Please see below for our weekly summary: 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 [...]
Canada Life: We’ve reduced the interest rates on our Lifestyle Options
We’re pleased to announce we’ve made changes to our Lifestyle Options from 10am this morning - Monday 18th January. We have:Decreased interest rates on Lifestyle Lite and Gold including Flexible variants.Our new interest rates are [...]
Digital Mortgages: Our rates have changed
We have increased the rates of the following products: 2 year purchase products in the 85% and 90% LTV brackets; 5 year purchase products in the 90% LTV bracket; All other products and features [...]
