The Right Mortgage and Protection Member Blog
Aegon: Latest underwriting update
Lifting restrictions on protection business With the government beginning to relax lockdown restrictions across the UK, we’re pleased to announce some changes to help you get cover in place for more of your clients. Improved [...]
MMS warn a premium increase to existing customers which will be effective from 1st July 2020
You will be aware that in March we suspended the sale of new easiprotect policies. This suspension remains in place for the time being and we will of course continue to manage and service all [...]
Accord Mortgages to temporarily withdraw all products at 90% LTV
Accord Mortgages is set to temporarily withdraw all products at 90% loan-to-value (LTV) as it looks to maintain service levels in the face of unprecedented demand. Since re-entering the market in mid-May, the intermediary lender [...]
Social media tips from Kent Reliance for Intermediaries
During these unprecedented times, you may have decided to use the time to brush up on extra skills. To help build your business profile, maybe you’ve looked to build or update your website. Or maybe [...]
L&G Home Finance: Later Life Webinar
With the UK mortgage market beginning to open back up, the last 12 weeks have reinforced the importance of business resilience. While business hasn't necessarily stopped, many advisers have reflected on the changing needs of [...]
Pepper Money: Notice of Product Withdrawal
We are making some changes to our Residential and Buy to let mortgage ranges. Full details of the change including a new range of Pepper Light products, for clients with no CCJs will be communicated [...]
Virgin and Clydesdale withdraw 90% LTV ranges
Virgin Money and Clydesdale Bank are the latest lenders to temporarily withdraw their 90% LTV ranges. The lenders, both owned by CYBG, have withdrawn all 90% LTV products for purchase, remortgage and new build to [...]
Metro Bank: Mortgage payment holiday extensions
In line with the wider industry, Metro Bank customers impacted by Coronavirus will be able to apply for a mortgage payment holiday of up to 3 months until 31 October 2020. They can do this [...]
New products, rates & LTV’s launched
Buckinghamshire Building Society has launched a new, simplified product range using physical valuations which is in addition to its AVM products. These new products offer competitive rates with: up to 80% LTV for prime lending [...]
HSBC: Common packaging issues – avoid unnecessary delays
Get your customer’s application to offer as quickly as possible by providing the correct documentation upfront. Here’s a reminder of what we need for new applications: Employed customers Latest payslip required in all instances. Income [...]
3mc has launched a new virtual on-site lender underwriter service
Phase one of the new virtual on-site lender underwriter service from 3mc has been launched. The new service enables 3mc team members to use Zoom or Microsoft Teams to discuss new enquiries and applications in [...]
Weekly Protection Update – 5th June 2020
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. Included in this week's update: Holloway Friendly announce [...]