As you are aware, the PRA has issued new guidelines for all firms in relation to BTL underwriting criteria which came in to effect from 1st January 2017. Darlington have reviewed their new guidelines and updated their BTL lending criteria which will come into effect for all new BTL applications received after the 1/1/2017; The [...]
Paragon Mortgages and Mortgage Trust is ringing in the New Year with the introduction of a new range of fixed rate mortgage products available for buy-to-let property purchases and remortgages effective 8:30 a.m. 9th January 2017 Highlights include:- Competitive new fixed rate mortgage products Two and five year terms available Up to 75% Loan to [...]
Marsden Building Society’s is to keep improving on how we support you and your clients... As we head into the New Year, the Marsden wanted to look back at what they’ve changed to help support you and your clients in 2016, as well as highlighting what their continued focus is for the new year too. [...]
Dear Intermediary Partner Here is the latest Intermediary news from The Nottingham. Product changes We are reducing the rates on five of our residential products and launching a new 95% LTV residential product. These changes will take effect from 9am on Friday 6th January 2017. Residential: 75% LTV 2 year fixed until 01/04/2019; 1.75% pay [...]
Scottish Widows, in partnership with Niche Health (the software provider) have introduced electronic General Practitioner reports (eGPRs) into the underwriting process for Protection. Scottish Widows is part of an industry working group whose aim is to improve adoption of Niche’s software for use in protection. The long term aim for the industry is to have [...]
Happy New Year from all of us at Cirencester Friendly! We hope you have had an enjoyable festive period. To kick off the New Year, we will be mailing our Members, regarding our 125 Foundation. The mailer is intended to remind Members of the support available to them and their communities from the 125 Foundation [...]
Only some things are fun to do again and again, and with the new protection hub we hope that writing protection business with Zurich will be one of them. To support the needs of tomorrow’s adviser, the new intuitive and responsively designed Zurich Protection Hub, with its digital application & business tracking system means you; [...]
Get off to a flying start in 2017 with MetLife We’re helping you get off to a flying start with a new customer promotion for MultiProtect and the prizes are bigger and better than ever! Happy Holidays We are helping banish the winter blues by giving new MultiProtect customers who take out a policy [...]
Recently the Bank of England highlighted that unsecured debts, including spending on credit cards, is rising at its fastest pace in 11 years, and compounded by the increase in spending over the Christmas period, many households are feeling the squeeze this January. A poll conducted by The Times highlighted that 38% feel their household finances [...]
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