Dear Intermediary Partner, Here is the latest Intermediary news from The Nottingham. Product changes We are pleased to confirm that we are extending the end date on one of our residential products. This product change will take effect from 9am on Friday 28th October 2016. Residential Purchase & Remortgage: 90% LTV 2 year fixed until [...]

Last month the Prudential Regulation Authority (PRA) announced new minimum expectations for BTL underwriting standards. Adding to the recent tax changes these have been met with some controversy amongst lenders and industry thought leaders, but despite this the first phase of changes are set to take effect in January 2017.   BTL demand has been resilient [...]

Whether your customers are buying their first home, looking for a new deal or purchasing a property to let, you’ll find just the mortgage at Principality. We constantly review our intermediaries’ feedback and in 2016 have introduced several initiatives to help you give your customers the home they love and a mortgage that suits them. [...]

Technology and software solutions expert, Mortgage Brain, has launched a brand new online chat support service for advisers. The new service, which is available now and free to use at www.mortgage-brain.co.uk, is an additional way for mortgage advisers to converse with its UK based Customer Services team. Offering real time support through the online chat [...]

Fleet Mortgages has launched new products this week.  Key highlights include: Up to 75% LTV PAY RATE product: Individual lifetime tracker - 3.99%, up to 75% LTV (rent calculated at 125% @ 3.99%) PAY RATE product: Limited company lifetime tracker – 4.19%, up to 75% LTV (rent calculated at 125% @ 4.19%) ALL other Limited [...]

To show you what you mean to Virgin Money, they have been working with you over the last two years to make some changes to their service, including: A product transfer service so you can refer customers back to them and get a procuration fee. Their website co.uk so customers can get in touch with [...]

Crystal Specialist Finance (CSF) has surpassed the half-a-billion issued terms mark in successive quarters having agreed £503.1m in applications from July to September. The latest figure, which is just shy of £509.7m worth of business issued from April to June, marks an 81% increase on the same period in 2015. In addition, September saw a [...]

Did you know that in June 2016 we made a number of important changes to Introducer Internet and the Mortgage Application Tracking System (MATS) for residential and Buy to Let applications. We continually strive to improve the service we offer you. Introducer Internet NEW evidence requirements will confirm the documents we need to support the [...]

As part of our improvements,  we are pleased to advise we will now consider lending to Tier One & Tier Two visa holders who meet the following criteria:- Professional applicant/s sponsored by and working in the UK for large "blue chip" organisations. Need to be earning in excess of £75,000 PA. Applicants need to have [...]

Dear Intermediary Partner Here is the latest Intermediary news from The Nottingham. Product changes We are pleased to confirm that we are extending the end dates on nine of our residential products and two of our buy to let products. These product changes will take effect from 9am on Tuesday 25th October 2016. Residential Purchase and [...]