PRODUCT UPDATE Helping Hand now available up to 95% LTV Find Out More We're pleased to let you know that from tomorrow, Friday 11 February, Helping Hand will be available for your first time buyer clients up to 95% LTV. For further details including eligibility and criteria click here. Please note that Helping [...]
In our latest case study, see how we were able to take a flexible, common sense view in the following circumstances on a Limited Company Buy to Let: House purchase: £235,000 value with £176,250 loan (75% LTV) Directors able to provide a personal guarantee Four directors, each with an equal share in the company One [...]
Portfolio lending made easy Do you have clients with 4 or more mortgaged buy-to-lets looking to remortgage or expand their portfolio? At MPowered Mortgages, we look for ways to help when other lenders can't. We've also made some rate reductions to our product range. And we're offering a free valuation on every application, including [...]
Hello Johnny We wanted to let you know that we’re making some changes to the following mortgages at 8pm on Wednesday 9 February. Exclusives 80% LTV 2 Year Fixed Rate remortgage with £1,495 fee will be increased by 0.05% to 1.58%. BTL 65% LTV 2 Year Fixed Rate with £895 fee will be increased [...]
Existing Customer Rate Changes Switcher: Rate increases of up to 10bps and 7bps on selected 2 and 5 year deals Switcher – High value: Rate increase of 6bps on selected 5 year deals Buy to Let switcher: Rate increases of up to 6bps and 5bps on selected 2 and 5 year deals From 2pm [...]
On Thursday 10 February, we’re making the following changes to our product range: Remortgage products Rate increases of up to 0.07% to selected products. Product Launch - LBG Mortgages - ProductLaunch@lloydsbanking.com Click here for more
Specialist lender, LiveMore, have launched their new Term Interest Only (TIO) mortgage for the over 50s. This product allows borrowers to get an interest only loan, with a term that matches their needs Helping more customers over the age of 50 is LiveMore’s mission and launching a new product that adds to this is [...]
Changes to Maximum Tenancy With immediate effect, we have increased our maximum tenancy term to 36 months. A term of up to 36 months is acceptable on tenancy agreements for properties in England, Northern Ireland and Wales. Private Residential Tenancies in Scotland already have no specific end date. A maximum term of five years [...]
Our 10 year fixed mortgage product Have you seen that we now have a 10 year fixed rate mortgage product? Available for Purchase and Remortgage, £0 fee and free standard valuation. Search B91812 on our product finder for more details. Product Finder Portfolio landlord applications Don't forget all [...]
IMPORTANT NEWS FROM TSB: TSB Mortgage Pro system maintenance 12/13 February TSB is making some system updates this weekend, so TSB Mortgage Pro will be unavailable between 9pm Friday 11 February and 8am Monday 14 February. Initially, brokers will notice some small changes to current fields when keying applications which will improve navigation through [...]
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