Halifax Broker Product Changes – Legal and General
On Monday 14 February, we’re making the following changes to our product range: Remortgage products Complete by dates extended and product end dates extended by three months of the relevant year
The Mortgage Works: Switching Limited Company mortgages has got easier
Good news! From Tuesday 15 February, you will be able to submit Limited Company Switcher applications through TMW Online. From this date, we'll no longer be accepting paper applications for these cases. For more information on switching your client's mortgage through TMW Online, click below Online Mortgage Switcher
Accord: Product Changes
Accord withdrew and replaced their Residential New Business product range last week, with selected rates increased by up to 0.30% and end dates are extended to 31st May. To see our up to date residential product range here - New Business Product Finder | Accord Mortgages Growth Series – an essential free resource for [...]
Weekly Mortgage Update – 11 February 2022
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: Metro Bank take a look at their joint borrower sole proprietor solution The Mortgage Works: Helping your clients, 10 year fixed mortgage product [...]
Hanley Economic: Withdrawn Product
Please note, the following product has been withdrawn with immediate effect; MFD443: 2.90% Fixed Rate for 5 Years 95% LTV Outstanding applications are to be fully packaged and with the Society by COB, Thursday 24th February. Please update your systems at your earliest convenience.
Bluestone: Is an unfortunate CCJ standing in your client’s way?
We can help! Check out our flexible acceptance criteria: All CCJ's under £300 ignored All CCJ's over 3 years ignored All Telecommunication CCJ's ignored Accept up to 3 CCJ's per applicant in the last 3 years At Bluestone Mortgages, we give credit, where credit is due. If you have any recent cases with CCJ's, [...]
LiveMore: Struggling to place cases for customers over 50?
Are you struggling to find a solution for your 50+ clients? Want to learn more about our NEW Term Interest-Only (TIO) mortgage? Want to earn more commission with minimal extra effort at the same time? If you answered YES to any of the above, then you can’t afford to miss our 45-minute webinar on [...]
Skipton: Great news about LTI criteria
Great news about LTI criteria We’ve changed our Loan to Income (LTI) criteria to help more of your clients buy their own home. The new criteria is as follows:Income of £40k or less, or LTV over 90% (previously 85%) - maximum LTI 4.49. Help to Buy & Shared Ownership - maximum LTI 4.5. Income [...]
MetroBank: Joint Borrower, Sole Proprietor up to 95% LTV
Our Joint Borrower, Sole Proprietor solution is perfect for first time buyers wanting to get on the property ladder, for for customers in a separation scenario where one applicant wants to buy out their former spouse or for older borrowers whose circumstances have changed and need support from a close family member to live [...]
LendInvest: Simpler remortgages with £150 valuations and rates from 2.75%
We all know that this year will be a busy one for the Buy-to-Let remortgage market, and we’re offering the best deal for your clients with £150 valuation fees, rates from 2.75% and the technology to make it simple. Five years on from the PRA changes that saw landlords remortgage to take advantage of [...]
