Dear Intermediary We are pleased to announce that we have enhanced our portal and origination platform as we continue our journey in providing exceptional service. The portal has been enriched with the following functionality: AIP Referrals directly to the mortgage desk Ability to submit an AIP (application) directly to underwriting and into the origination [...]
Intermediary Product Guide - 14/06/2022
Poppy is a first-time buyer looking to purchase a new build flat. She has been saving for a deposit but still needs some help from her parents. Poppy has been worried about a CCJ for an unpaid parking ticket she received in 2019, and that it could ruin her chances of owning her own [...]
10:00am Welcome and introductions Eloise Hall, Kensington Mortgages 10:05am Mortgage market update Alex Maddox, Kensington Mortgages 10:15am Panel debate hosted by Eloise Hall Robert Sinclair, AMI Stephanie Charman, Sesame Bankhall Group Craig McKinlay, Kensington Mortgages 10:45am Kensington business update Eloise Hall, Kensington Mortgages Craig McKinlay, Kensington Mortgages 11:00am Webinar closes Download the full line [...]
This week, LiveMore announce that they will be reducing their ERCs on their ‘unique to the market’ long-term fixed products - with the highlight being their popular 10YR Fixed now only having an early repayment charge for 5 years. Alison Pallett, Managing Director of Sales, LiveMore says: ‘we recognise the turbulent period we are [...]
On Wednesday 15 June 2022 we will temporarily withdraw selected Mainstream residential products from our mortgage range for New Business. Product Changes New Business Mainstream 3 year fixed rate products at 60% to 75% LTV with £1499 fee temporarily withdrawn (M3171) 3 year fixed rate products at 80% to 90% LTV with £1499 fee [...]
If you have recently been refused a remortgage or further advance for vital debt consolations needs, a second charge mortgage could be the ideal solution? When debt consolidation is necessary, we can provide support, advice, and a quick solution to reduce multiple large payments into one easy monthly repayment with a second charge mortgage. Second [...]
Foundation Home Loans will re-fresh its current BTL & Limited Company products on the morning of 14 June 2022 as follows: The relaunch of 74 products with amended rates, fees and incentives The launch of 4 new Green products The withdrawal of 74 products Please see the attached. Please update the attached products accordingly. [...]
In April, we diversified our lending portfolio by launching into the Furnished Holiday Let market for both UK and expat applicants. With the holiday let market continuing to grow, we’ve increased our maximum LTV from 70% to 75% across both our Furnished Holiday Let and Expat Furnished Holiday Let ranges to support more of [...]
Product Changes – Available from 14 June 2022 We’re making changes across our Buy to Let (BTL) and Residential product ranges including Shared Ownership, New Build and First Home Scheme. Further details can be found below: Key changes Rate increases across the product ranges of up to 0.66%. End dates extended across BTL 2- [...]
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