COVID-19: LV= updates its protection application questions With effect from Tuesday 7 April 2020 LV= has updated its application question set to accommodate coronavirus (COVID-19) for all new applications through its Fastway online quote and apply system. From this date applicants will be required to disclose if they’ve tested positive for coronavirus, been advised [...]
Another hectic week almost over, hope you’re safe and well and looking forward to a warm weekend! Following our regular updates we’ve received a lot of additional questions over this period. So we’ve put together a Q&A and published this on our adviser site. See below for the link which will always have the [...]
Visit our Covid-19 adviser hub As we continue to face uncertainty around the Coronavirus (Covid-19), we have created a new Covid-19 adviser hub, bringing together key information and the latest market updates. This will be regularly updated, to support you and your client conversations. Visit the hub Click below [...]
The lender is now accepting remortgage applications up to a maximum loan to value (LTV) of 60 per cent. Borrowers require a minimum equity of £300,000 in London, £250,000 in the South East and £200,000 across the rest of the UK. Rates are the same as capital repayment, staring from 1.29 per cent. Repayment [...]
Automated Mortgage Valuations - AVMs To support customers, TSB is introducing desktop valuations in addition to Automated Mortgage Valuations (AVM’s) whilst it’s not possible for valuers to travel or gain access to properties. From today more properties will be valued remotely, without an internal or external inspection. This means some customers will get their [...]
Ian Wilson, head of Halifax Intermediaries, said: “Being there for our customers and intermediaries when they need us is our priority and we’re working hard through these unprecedented times to continue supporting the market. This next step helps provide greater choice for customers and we are proud of our colleagues for all the work [...]
Read about the latest updates to our service, discover what’s new for brokers and their clients in Scotland and take a look at our FAQs. Product Update: Tomorrow we’re reinstating new purchase Residential fixed and Buy to Let (BTL) tracker mortgage lending up to 75% LTV, and launching a bespoke Interest Only range. We’ll [...]
Learn more We wanted to let you know that we've now updated our guidance on how we're treating valuations during the Coronavirus (COVID-19) outbreak, including: • our timescales for valuations on pipeline cases submitted prior to 27 March, as well as for new business • what's happening [...]
Last week, we temporarily withdrew all our remortgage, purchase and first-time buyer products. This week, we’re bringing you a revised remortgage range for existing customers. New remortgage products At 8am on Thursday 9 April, we’re reintroducing a limited range of no-fee remortgage products with 60% to 90% LTV, on two and five-year fixed rates. [...]
For regular COVID-19 updates from the Mortgage Club, please visit our dedicated FAQs page. Click here to find out more Santander have created a guide detailing the range of options of Government support for businesses. Click here to find out more We’ll be offering desktop valuations [...]
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