Shepherds Friendly has boosted its business development team with the promotion of Alexander Fallowes and the appointment of Zoe Meredith following significant growth in sales of its Income Protection Plan since its launch last year. The expanded team will support the Head of Sales, Antony Uttley by handling increased demand from intermediaries as well as [...]
Ben Allen, Head of Compliance The MMR, launched in April 2014 brought something of a change of culture with regards to Decisions in Principle (DIPs). The focus on Financial Crime and the desire to improve business quality has led lenders to scrutinise DIPs far more than before. Yet some brokers are still treating [...]
We hope you’ve had a great start to the New Year. It feels like 2016 will be another busy year in the mortgage market and, as ever, at Virgin Money we will be here to help by offering you great products, a dedicated BDM and service to match. Another way we’ll be making your life [...]
Fleet Mortgages, the buy-to-let and specialist lender, has today (4th February 2016) announced the first of a series of criteria changes it will be rolling out over the next few months. The lender has begun this process with three new criteria changes across both its new build and recent conversions lending and those for borrowers [...]
We are pleased to announce we've reduced our 5 year fixed rates by up to 1.29% for single residential units. Our new limited edition rate is the same whether your landlord clients operate as a limited company or on an individual basis and is ideal for customers looking to guarantee their mortgage repayments for the [...]
Following our recent announcement, we are now ready to accept business for London Help to Buy. Help to Buy is a relatively new part of the market, of which we have participated since its launch. The scheme is widely viewed as successful, however there are challenges in areas of the country where house prices are [...]
Maximum Benefit Increase On the 1st of February we increased the maximum benefit available on our market leading range of Short Term Income Replacement (ASU/STIP) products, from £2500 monthly benefit to the maximum currently available in the market, £3000 per month. Applications individually underwritten at outset Advisers also need to remember that with DMS, [...]
Nationwide are making a number of enhancements to NFI Online and NFI MTE in the near future - they’ll be confirming the date soon. Porting Applications For existing Nationwide borrowers wishing to port their current mortgage product, including the Base Mortgage Rate (BMR) and Standard Mortgage Rate (SMR), you'll be able to submit these through [...]
We're proud to have helped many advisers streamline their protection sales process with our protection modelling tool, SolutionBuilder. Bill Divall from Massey Divall Financial Services was happy to share his experience of using SolutionBuilder. When asked - would you recommend Solution Builder: "Absolutely. The first thing I said to my colleague after the WebEx [...]
At Legal & General we know that price is not everything, but sometimes it can make all the difference. That’s why we’ll beat the standard premium offered by a competitor on a like-for-like product for your high sum assured protection business. We pride ourselves on being able to offer your clients a range of award [...]
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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.
