The Right Mortgage and Protection Member Blog
Weekly Mortgage Update – 20th May 2022
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. Our lender updates include Landbay reveals new brand [...]
Precise Mortgages new 5-year fixed buy to let mortgage rates
Precise Mortgages updated buy to let mortgage range includes 5-year fixed rates starting from 3.29% with fixed, £0 and % product fee options. The range also includes options with refunded valuation (maximum £630) and [...]
Zephyr Homeloans product update – new 7-year fixed rate
As you’re a valued partner, we’re giving you and your brokers advance notice that we are launching a new buy-to-let 7-year fixed rate for standard products on Friday 20th May. We will write again [...]
Case Study: Limited Company Holiday Let with lending into retirement
Here at the Mansfield, we assess each application on its merits, which means we can make common sense lending decisions. In this case study we helped a limited company with two shareholders purchase a [...]
Joint Mortgage Sole Owner – a family solution to affordability
Family Building Society have a range of JMSO arrangements designed to enable family members to help support each other, by using up to four incomes for affordability. Supporting family members have the added benefit [...]
Hanley Economic – New Mortgage Product
3.75% Shared Ownership Fixed Rate Mortgage until 28/04/2027 3.75% Initial Pay Rate until 28/04/2027 Followed by the Society's Standard Variable Rate for the remaining term currently 4.79% The overall cost for comparison is 4.5% [...]
Three ways you can help your landlord clients finance green improvements
From 2025, under the current proposals all newly rented properties will be required to have an EPC rating of C or above. Currently, properties only require an EPC rating of ‘E’ or above for [...]
Case study: Fast auction purchase against tight deadline submitted through portal
Summary: What does it take to deliver a bridging deal quickly? LendInvest Underwriter Courtney Keegan walks you through a recent deal where a borrower had purchased a home at auction but needed fast funding to [...]
FOUNDATION HOME LOANS INTRODUCE NEW BUY TO LET 2-YEAR DISCOUNT RATES WITH FREE VALUATION
As of Tuesday 17th May 2022, Foundation Home Loans have launched a new 2-year discount rate product on their F2 range for portfolio & non-portfolio landlords with some historic credit blips. The new Discount [...]
Case study: Fast auction purchase against tight deadline submitted through portal
What does it take to deliver a bridging deal quickly? LendInvest Underwriter Courtney Keegan walks you through a recent deal where a borrower had purchased a home at auction but needed fast funding to [...]
Learn about later life lending and earn CPD points for your professional development.
In Family Building Society’s feature with Financial Reporter, ‘Lending in retirement - what is contributing to growth in the market?’, they explore the growth in the later life lending market, what alternatives there are [...]
Kent Reliance for Intermediaries’ new residential range now includes income multiple flexibility
With house prices at near-record levels, Kent Reliance for Intermediaries understand many of your clients may benefit from access to low deposit mortgages with the ability to be flexible with income multiples to achieve [...]