I wanted to let you know that Scottish Widows Protect has recently introduced multi-benefit quotes and split sum assured functionality on IRESS, iPipeline and the Webline portals. This new functionality can help deliver protection solutions to meet your clients’ needs, through the flexibility of a menu plan. Our research shows only 8% of people have [...]

Starting out in life again Doting father of two Thomas Hale is back to square one following the breakdown of his marriage. Having bought a new home, he is finding the mortgage payments on top of the maintenance for his children are stretching his finances to the limit.   Life Start offers an affordable option [...]

We are pleased to announce the launch of a new Buy to Let 3mc Exclusive with Precise Mortgages. The product is available for multi tenanted units, HMO's and Limited Company HMO's up to 75% loan to value. To obtain a lender DIP click here then scan and email the completed form to info@3-mc.com For further information visit [...]

On Friday 23 June 2017, Bank of Ireland for Intermediaries is launching a new product range. It includes a great selection of 2, 3 and 5 year fixed rate products:   Residential 60% LTV rates starting from 1.13% for 2 year fixed and 1.85% for 5 year fixed 90% LTV rates starting from 2.33% with no [...]

Changes to selected fixed and tracker rates With effect from Wednesday 21 June, we're making some changes to our fixed and tracker rate products. Also, we're removing the 70% LTV tier from our product range. Fixed and tracker rate reductions 5 year fixed rates across 60%, 75%, 80% and 85% LTV tiers reduced by up to 0.35% 10 [...]

Confirming our ongoing commitment to portfolio landlords Ahead of the Prudential Regulation Authority's (PRA) changes to portfolio landlord underwriting standards, we wanted to give you the confidence in knowing that we'll remain committed to supporting portfolio landlords. And with the regulatory changes coming into effect on 30 September 2017, we recognise the need to provide clarity as early [...]

Product and Criteria Update live from 20 June 2017 As a valued partner with the Marsden, we wanted you to let you know about our new products and criteria changes ahead of our planned release NEW 10 new fixed rate Older Borrower products NEW Residential Portfolio   What comes next? Any questions regarding product and [...]

Please see below as there has been some great news following feedback from yourselves over our stance on flats with immediate effect. A few queries have been raised recently with regard to flats and which floors we would lend on with or without a lift – Unacceptable properties Flat in a block with more than [...]

Buy to Let Lending - we've made a move    We have listened to broker feedback and made adjustments to our BTL affordability calculator. If your customer has a good level of existing income or low level of leverage or high level of interest coverage ratio, why not try out the new calculator. Click the [...]

Yesterday we completed our quarterly LIBOR review. Please accept this email as confirmation that for this review LIBOR reduced to 0.29% For audit purposes all of our buy to let and residential product guides have been updated to reflect the review that took place.  I can confirm this is the only change that has been [...]