The Right Mortgage and Protection Member Blog
All the tools you need for Contractors
Here is our latest article on Contractors, following our recent criteria enhancements. Click here to download the new Self Employed and Contractor Guide.
Weekly Mortgage Update – 8th April 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 Foundation Home Loans reprice [...]
Are your clients in need of a reward? 💸
Hello With soaring energy prices and the Government scrapping VAT on energy efficiency measures, now might be the perfect time for your clients to make energy efficient improvements on their home or rental properties. [...]
We’re increasing Clydesdale Bank rates
We wanted to let you know that we’re making some changes to the following Clydesdale Bank products at 8pm today. · 75% - 90% LTV 2 and 5 year fixed rate Fee Offers will [...]
Changes to the Halifax Housing Price Index
To calculate the percentage loan to value (LTV) when a product transfer (PT) is required, we use an indexed valuation figure which is updated quarterly by the Halifax Housing Price Index (HHPI). Ahead of [...]
Important changes to our Contractor criteria – Under Embargo until 1st April 2022
As the lending specialist, we are here to assist all contractors, including those with a less than perfect credit record. We have listened to your feedback and are pleased to announce a range of [...]
Resale Price Covenant scheme
From 4 April we are changing the way applications for a property with a Resale Price Covenant (RPC) are to be keyed. We accept applications where the customer is purchasing a property at a [...]
Case Study 2 – Impaired credit
Derek has been living with his mother and is supporting her financially with everyday costs and her mortgage repayments. His mother Sally is a pensioner and Derek is a full-time HGV driver. Sally took [...]
Changes to Clydesdale Bank Variable Rates
Following the decision by the Monetary Policy Committee on 17 March 2022 to increase the Bank of England Base Rate to 0.75%, we’re making some changes. On 1 April 2022, we will increase our [...]
Changes to our Standard and BTL Variable Rates
Following the decision by the Monetary Policy Committee on 17 March 2022 to increase the Bank of England Base Rate to 0.75%, we’re making some changes. On 5 April 2022 we will increase our [...]
West One Buy-to-Let: Important Product Changes
We are pleased to confirm some enhancements to our product range available from Friday 1st of April 2022. The revised product range will be available for selection on our broker portal from this date. [...]
IMPORTANT NEWS FROM TSB: Re-introduction of Shared Ownership products and base rate changes to rates.
From 4 April, TSB re-launches its entire shared ownership product range, which includes rates for second-hand homes and re-mortgages - all of which come with £500 cashback. This is a welcome return due to [...]
