Would you like to know how you can help your borrower's with complex credit? In order to help borrower's with complex credit, it is key that a lender is able to understand which event has impacted their credit profile; this could be the result of a life event, such as unemployment, divorce or illness. [...]
On Monday 8 November we will be reducing the mortgage valuation (level 1) fee for purchase applications to £100 for all property values. We will also be reducing the revaluation fee payable on further advance applications to £100. A mortgage valuation (level 1) is a basic property valuation for our underwriting purposes only. We [...]
With effect from Monday 8 November 2021, we are reducing our Purchase application Level 1 valuation fees to £100. We are also reducing all revaluation and reinspection fees to £100. This change will apply to all applications which are fully submitted on or after Monday 8 November. Applications which were fully submitted prior to [...]
75% of Bonus income accepted by TFI in Mortgage affordability calculations Read the full update now
We've made some exciting changes and we are launching Right to Buy products via selected packagers today. Read the full update now
Effective 11th November we are making the following changes to our New and Existing product ranges. New Business New Buy to Let - Remortgage: 60% LTV 2 year deal, 1.53% and £1,495 product fee Rate Changes Buy to Let - Purchase: Rate decreases of 10bps on selected 2 year deals Buy to Let [...]
Did you know that within our later life lending proposition, clients can choose to adapt their term and repayment method as they plan for their retirement and whilst in retirement, to reflect their changing financial position? Read the full update now
3 New Updates from Bucks! Keep reading to find out about our 5 year fixed remortgage product, enhanced application process and how you could fast track your clients’ cases! 1. 5 Year Fixed Remortgage Product launched - In response to a significant shift in market conditions, supported by insights by Experian suggesting that almost [...]
New Business Premier Buy to Let 2 year fixed rate products at 60% and 65% LTV withdrawn (P265) All other products will remain available. Changes below On Thursday 11 November 2021 we will withdraw our Premier Buy to Let products for New Business. Product Changes New Business Mainstream No changes Professional Mortgage No changes [...]
Weekly update content – The Lowdown on the Self-Employed: We like to make working with us as easy as possible– helpful info and advice that highlights how we do business and makes your life easier. This week we’re looking into our lending criteria for the self-employed. That way, the next time you've got a [...]
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The Right Mortgage & Protection Network Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: 70 St. Johns Close, Knowle, Solihull, England, B93 0NH. Registered in England and Wales. Registered Number: 08130498.
