I’m sure we can all agree these are challenging times. At Kent Reliance for Intermediaries, we’re here to help our brokers navigate through the various obstacles and provide their clients with solutions. Whilst physical property inspections still remain unavailable, following government restrictions, we’ve worked closely with our valuation panel partners to find a way [...]

As you know, following government restrictions introduced to prevent the spread of COVID-19, we at Precise Mortgages, have been busy working on solutions for you and your customers whilst physical property inspections remain unavailable. We’ve worked closely with our valuation panel partners and are pleased to confirm we’re now able to accept desktop valuations [...]

Halifax has reintroduced selected two, three, and five-year fixed rate homemover, first-time buyer, new build and affordable housing deals up to 85 per cent LTV. Previously the bank’s highest loan to value for new lending was 80 per cent. Learn more

Nationwide is extending its 85 per cent LTV lending through brokers and its online channel. The LTV extension covers all new lending business. Previously the building society had withdrawn new customer lending above 75 per cent LTV so it could focus on its existing members and applications. Due to the government’s lockdown measures to [...]

Product Launch Criteria Change Service Update Summary of new deals From 8am on Friday 17 April, our Core range will be extended to include the following products available for properties valued between £80,000 - £500,000: ·         NEW 75% LTV 2, 3 and 5 year fixed rates for residential remortgage ·         NEW 65% LTV for [...]

Product Launch Criteria Change Service Update New purchase product range We are now able to offer residential purchase products up to 65% LTV, have extended the maximum LTV for residential remortgages up to 75%, and can offer BTL up to 60% LTV for both purchase and remortgage. New products In the coming days we [...]

TSB have today increased their stress test for Buy to Let customers who are taking 5 year (or higher) fixed rate products on either Purchases or Remortgages (as long as there is no additional borrowing) from 4.5% to 5.0%.

Skipton for intermediaries already provide a 9 month offer with a 3 month extension on New Build cases, and a 6 month offer with a 6 month extension on purchase and remortgage cases. They have said that they will now consider another three month extension to those stated above, subject to a reassessment of the [...]

Principality Building Society will automatically extend any Residential or Buy to Let Mortgage Offers for 3 months in line with the regulation. When you receive a new completion date, you need to contact them and they will review the file.