The cost of most high LTV (80% and 90%) mainstream mortgage products has increased over the past three months, according to new figures from Mortgage Brain’s latest product data analysis. The cost of a 90% LTV two year Fixed, for example, is now 5% higher than it was at the beginning of January 2019. [...]
Big changes to Aldermore’s residential mortgage range With effect from today, Wednesday 24 April, Aldermore sees some exciting changes across its residential mortgage range. These changes provide greater flexibility and choice for a wider range of customers including first time buyers, second steppers and those looking to remortgage. The key changes are highlighted below [...]
We are pleased to announce the launch of new enhanced criteria Residential Packager Exclusives with Pepper Money. The maximum Loan to Value has been increased by 5% on Pepper 12 & 6 plans when compared to the lender's core range. Click here to view the exclusives product guide. 3mc has the added benefit of an onsite Pepper [...]
We have recently following some feedback changed the wording on our Income page on buy to let applications. We have always had help text available to say that income figures were only needed if the applicant was a FTBFTL or using income top slicing – however income figures were still being input into the [...]
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: Marsden announce new joint borrower sole proprietor product range; Santander introduce improvements to our new business mortgage range; Hinckley & Rugby update criteria; [...]
We have changed interest rates on the below. The charge will either decrease or remain the same on: New Business Additional Borrowing Reserve Release Please find further details here.
We're thrilled to introduce our upcoming series of Equity Release Lead Generation Workshops, which have been designed with experienced equity release advisers in mind. Do you want to grow your equity release business? With a shortage of qualified equity release advisers active in the market, there's an opportunity for advisers to increase their engagement [...]
We will be making a change to our interest service option on our Just For You Lifetime Mortgage. For those customers who choose to service some or all of the monthly interest amount, we are reducing the minimum loan size from £30,000 to £20,000. When will these changes take effect? These changes will be [...]
Our second winner is... Paul Sutton from StepChange Equity Release who will soon be enjoying a luxury weekend away for two. Could you be next? You still have three more chances to win. To enter you need to: Watch our Fantastic Five webinar to learn how these features help protect your clients. Create a [...]
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 relaunch mainstream and buy to let mortgage ranges; Pepper Money announce full product range refresh; Santander important news regarding product transfers; Nationwide [...]
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