Platform; the intermediary mortgage brand of The Co-operative Bank, will not consider letting conditions across all mortgages that restrict landlords from letting to tenants in receipt of housing benefit. Although the clause wording will remain part of some documentation and processes in the short term, while system updates are made, all changes will be [...]
Over the past 2 years we’ve been listening to your feedback in order for us to deliver a great customer experience to you. As a result, we have recently invested heavily in improving our process to give you what you need from a true specialist lender. Thank you for your ongoing support. [...]
We have updated our product range from today, Tuesday 2nd April 2019, which includes the following: Updated Residential rates Lower rates across much of the Buy To Let range 80% LTV HMO/MUB available to whole of market AND WE'VE INTRODUCED £250 CASHBACK! In addition to our new rates, we have introduced £250 Cashback option [...]
We are really proud to have been awarded Best Large Loan Lender at the Mortgage Strategy Awards. Thanks for all your support Clydesdale Bank came out on top for our large lending proposition at the recent awards judged by intermediaries, lenders and a panel of industry experts. We would like to say a big thank you for [...]
Principality Building Society will now consider mortgage applications for customers working as supply teachers and bank nurses across England and Wales subject to six months proof of income. The change in lending policy comes after a surge in enquiries from both professions. Emma Graham, National Account Manager at Principality Building Society, said: “We take [...]
Landlords looking to remortgage within 6 months of purchase? No problem… Virgin Money offer day one remortgages – with the valuation based on the original purchase price. Helping your customers control their capital. To find out more, visit the website, talk to your dedicated Business Development Manager or contact your Regional Service Team. [...]
TSB has launched a new suite of buy-to-let deals, as well as cutting the rates on offer on some of its existing products. Selected deals have had their interest rates reduced by up to 0.10% with immediate effect. For example, two-year fixed rate buy-to-let remortgage deals start at 1.59 per cent, with a £1,995 [...]
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: Together are lending for the new normal; Kensington announce new rates and cashback; Santander withdraw £1,000 cashback exclusives; Principality relaxes lending criteria to [...]
The Later Life Lending Network, the specialist equity release & later life lending arm of The Right Mortgage & Protection Network (TRM), has today (29th March) announced a partnership with Answers in Retirement Group (AIR Group). AIR Group is a collective of companies covering a range of retirement and later life services, all of [...]
These proposals will give us the foundations to build on our strong heritage and brand so we can create an even better mutual for the future, and where being a member has more meaningful benefits. LV= in its current form is a Friendly Society, governed by the Friendly Societies Act. Many of the Act's provisions [...]
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