Please see below for a positive update for accepting extensions to driving licence expiry dates for Know Your Customer (KYC) purposes. As a result of new EU legislation, drivers who have a photo card driving licence due to expire between 1 February 2020 and 31 August 2020 have been granted a seven month extension [...]
Committed to supporting you and your clients To help customers at this difficult time, we’ve arranged three months’ free access to mental and physical wellbeing apps. This is offered as part of our Helping Hand support service, included with all our protection plans. Through Helping Hand, customers can already access a dedicated nurse for [...]
In todays market first time buyers are finding it very challenging to find a mortgage with no deposit or a deposit of 5% or 10%. Buckinghamshire Building Society’s family assist mortgage offers up to a 40 year term and allows the applicant to borrow up to 100% of the purchase price. By taking a [...]
Traditionally, the advice market has relied on face-to-face relationships between advisers and customers. However, in our current climate, that hasn’t been possible. Andy Paterson, Distribution Manager says: “From speaking to advisers everyday, it's clear that whilst there has been a need for advice to move online, it hasn't detracted from the value and integrity [...]
A problem shared is a problem halved – is shared ownership the answer for first-time buyers? Over the past couple of decades rising house prices have meant a need for larger deposits. In 1960, the average first-time buyer paid an average deposit of £595 on their first home (equivalent to around £12,738), whereas in [...]
We’d like to bring to your awareness that the Financial Conduct Authority (FCA) have announced additional guidance on payment holidays designed to help customers whose income continues to be impacted by the coronavirus pandemic. This will mean that: Customers can continue to apply for a payment holiday until 31st October 2020. Customers who have [...]
Welcome to Season 2 of the Practical Protection Podcast, and Kathryn’s first solo hosting outing! She is thrilled to introduce special guest Catherine Morgan to start the season off. They’ll be discussing people's mindsets and embedded beliefs, which dictate how we feel about finances and whether we do or don't trust insurance. Catherine shares [...]
Time for some good news! Family Building Society have made some changes to their mortgage product range and their award winning 95% LTV Family Mortgage is back! All changes take effect from 24 June 2020. Please find further details here
The bank has reduced the cost of selected remortgage fixed rates at 60 per cent and 75 per cent LTV by up to 0.15 per cent. The cuts have been made on two-, three- and five-year fixed rate deals. Read more
The products are aimed at borrowers who have less than straightforward requirements. Read more
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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. FCA Number: 649443.
