The Right Mortgage and Protection Member Blog
NatWest: Withdraw tracker product range
We have withdrawn our tracker product range. This includes the withdrawal of all Purchase, Remortgage and Buy to Let tracker products, for new and existing customers. We have made the decision to withdraw our [...]
Foundation Homeloans: Stops pre-offer applications and withdraws short-term let offers
Foundation Home Loans has stopped mortgage applications yet to reach offer on its withdrawn products and has pulled all short-term let mortgage offers up to the point of exchange of contract. The moves follow [...]
TSB: Improvements to rate switch products
TSB has made improvements to rate switch products. A summary of the changes are below. Buy to let rates reduced on: 5 year fixed 0/75% LTV, reduced by up to 0.20% Residential rates reduced [...]
Santander: Reduces Standard Variable Rates
As you know the Bank of England (BOE) base rate was reduced by 0.50% to 0.25% on 11 March. Since then it has been further reduced by 0.15% to 0.10% and we can confirm [...]
Nationwide and The Mortgage Works: Coronavirus update
The impact of Coronavirus (Covid-19) continues to challenge us all, so I wanted to provide you with clarification on some of the topics we are receiving most queries on, along with an update on [...]
Coventry: Further information regarding mortgage payment holidays
We contacted you recently to let you know about how we plan to support your clients during this difficult time. We’re offering support to those who are impacted by Coronavirus by agreeing a mortgage [...]
Foundation Homeloans: Investigating the portfolio effect
The recent data release from accountants, Moore, which looked at HMRC statistics regarding the number of landlords with multiple properties, ostensibly suggested a considerable blow to the PRS and buy-to-let, however, deeper understanding of [...]
Kent Reliance: Simple guidelines to support your customers
With the current situation in mind, we want to highlight that we’re committed to helping our brokers and make it as easy as possible to maintain a business-as-usual approach. Simple guidelines to support your [...]
Hanley Economic: Offer holiday payments
Holiday payments We will work with every borrower during these difficult times to support them through their mortgage payments. We have a range of forbearance measures including interest only and payment holidays, which will [...]
Halifax: Make changes to mortgage range
We have removed mortgages over 60 per cent loan to value from sale, with the exception of product transfers and further advances. Product transfers, further advances and direct to lender applications will continue as [...]
Together Mortgage: Important update
In these unprecedented times our priority must be to look after and protect our colleagues, as well as support customers and business partners. We have taken the steps necessary to relocate our colleagues and [...]
Precise Mortgages: FAQs relating to our processes and Covid-19
Following the announcement made by the Prime Minister on Monday night, we’ve spoken with our valuers, who’ve confirmed they have currently suspended all physical property inspections in line with the government guidelines. What you [...]