We recognise that many people are facing financial difficulties right now and we will do all we can to help our Members that need it, which is why we've pledged not to repossess homes until 30th June 2021. We're calling on our Members who are struggling to pay their mortgage to work closely with us [...]
Removal of all 2-year fixed products from new business Variable rate product changes: The CPI has decreased to 0.5% and the new rates on new business Variable lifetime mortgages will be: Variable Lite Interest Roll up with Voluntary Payment: 2.80% MER Variable Lite Interest Payment: 2.80% MER Variable Standard Interest Roll up with Voluntary [...]
We wanted to let you know that we’ve made some changes to the following mortgages. Core Selected 90% and 95% LTV product transfer rates will be increased by up to 0.40% If you’re applying for one of these mortgages on behalf of your customer, please send us the application as soon as possible. You [...]
Coventry for intermediaries is simplifying their portfolio landlord lending policy. They have reduced the stress rate from 5.5% to 5% for all portfolio calculations, and have also increased the minimum portfolio landlord Interest Coverage Ratio (ICR) from 125% to 145% for Higher/Additional rate tax payers (anyone earning £49,000 or more in England and Wales [...]
Foundation Home Loans is pleased to announce an exciting new remortgage range for both buy-to-let and owner-occupied mortgages, designed to support you in building a caseload of remortgage business that is unaffected by the stamp duty deadline. The Fee Assisted Buy-to-Let Re-mortgage Range A range of 2- and 5-year fixed rate re-mortgage specials at [...]
For your larger loan size cases, why not try our new flat fee fixed rate buy to let mortgages? Personal Ownership 3.59% 5 year fixed with £3,995 fee Affordability assessed at pay rate Loans from £300k - £750k Maximum 75% LTV HMO/Limited Company HMO 3.39% 2 year fixed with £2,995 fee 3.69% 5 year [...]
TSB is re-introducing a full range of 85-90% LTV first time buyer and home mover products. First time buyer/home mover, 85-90% LTV, all with £500 cashback 5 year fixed, £0 fee at 3.94% (£995 fee at 3.79%) 2 year fixed, £0 fee at 3.84% (£995 fee at 3.69%) 5 year fix and flex, £0 [...]
We are delighted to announce that a new Equity Release option is now available on eConveyancer! You can now receive a transparent, total cost illustration when quoting via eConveyancer. In line with the Equity Release Council’s guidance, a Broker referral fee is not applicable on this product offering. Equity Release is available in England, Wales & [...]
How would you feel if your client wasn't covered by the critical illness cover you recommended? We don't like it either. That's why we're taking the focus away from the name of the condition and concentrating on the impact it has on your client's life. We’ve consolidated over 20 conditions into four groups. [...]
It’s never been more important to provide your clients with additional financial and emotional support. We’re finding more ways to make sure your clients have a supportive protection experience through our partnerships: With Scottish Widows Care and in partnership with RedArc, your clients (and their immediate family) have access to practical advice and emotional [...]
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The Right Mortgage & Protection Network Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: 70 St. Johns Close, Knowle, Solihull, England, B93 0NH. Registered in England and Wales. Registered Number: 08130498. FCA Number: 649443.
