On Monday 14 October 2019 we will re-launch our Mainstream and Buy to Let mortgage ranges for both New Business and Product Switching Product Changes Fixed rate end dates remain at end January. New product codes will be issued for all products. New Business Mainstream Rate reductions of up to 0.10% on all fee-paying [...]
We are pleased to announce the launch of new 3mc 80% LTV HMO Exclusives with Precise Mortgages. The products are available for both limited companies and individuals. The 2 year product is fixed at 3.49% with a £1,995 lender completion fee. For loan sizes above £133,000 the exclusive products are cheaper than the lender equivalent core range [...]
We have updated BTL Individual & Ltd Co products that have taken affect from today. Summary of changes as follows: Withdrawal of 2 remortgage only products Introduction of the Fee Assisted Product Range 1% Product Fee One free basic valuation per application £125 application fee is waived Up to 75% LTV and max loan [...]
Are you ready for the abolition of section 21? The government is consulting on the removal of Assured Shorthold Tenancies and the abolition of section 21, 'no-fault' evictions. We look at how these changes might operate in practice. Read more Your guide to the Tenant Fees Act 2019 A wide range of tenant fees, [...]
To help speed up applications TSB has made it easier for employers and accountants to send in references by secure email. If a reference is needed, as well as sending by fax and post, brokers now have the option to attach information to an encrypted email. All they need to do is provide TSB [...]
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. Included in this week's update: Platform launch new product; Foundation Home Loans announce changes to fee assisted product range; Digital Mortgages announce changes to product end dates. [...]
Clients aged 50 and over looking to remortgage, renovate, move home or gift a deposit to children or grandchildren? A later life mortgage from Ipswich Building Society may be the ideal solution. We have a dedicated range of later life mortgages specifically designed for borrowers over the age of 50, plus we have no [...]
As previously communicated the limited period J4 pricing will be available until Thursday 10 October. As from Friday 11 October we will be reducing LTV’s on our J4 series. We will not however be changing the J4 interest rates back to previous levels, they will remain as they currently are. Please remember as previously [...]
Please note we have reduced rates on our Lump Sum+ product. Our new rates are as shown below. App fee free (loans of £50,000 or more): LV=AER MER APR Lite 2.79% 2.75% 2.9% 2.79% 2.75% 2.9% 2.79% 2.75% 2.9% 2.80% 2.76% 2.9% 2.80% 2.76% 2.9% Standard 2.80% 2.76% 2.9% 2.87% 2.83% 3.0% 2.94% [...]
Interest rates have decreased or remained the same on both the Lifestyle Lump Sum Max and Lifestyle Flexible Option, on new business only. New Business All pre-sales illustrations produced on or after Tuesday 8th October 2019 will automatically be processed using the new interest rates All applications received on or after Tuesday 8th October [...]
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