In the UK, there are currently 4.76 million people classed as self-employed - this accounts for over 15% of the current workforce. Although the majority of these business men and woman work hard to provide an income stream for themselves and their families, when it comes to mortgage lenders, they often get a rough ride. This [...]

5 Year Fixed ICR and Lower Rates 2.35% 2 year fixed 3.15% 2 year fixed 3.10% 3 year fixed 3.75% 3 year fixed 3.29% 5 year fixed 3.60% 5 year fixed until 31/05/2022 - 75%LTV - £1495 fee ICR RATE -  125% AT 4% until 31/05/2022 - 75%LTV - NIL fee Please note products BM1116, BM1117, BM1118, BM1119, BM1120, BM2067, BM2068, BM1122, [...]

Virgin Money has spent the last two years working with you to transform their service, based on your feedback and what matters to you. Thanks to this feedback they have made some great improvements to help your business thrive. Some of their more recent improvements include: Upfront underwriting, aiming to give you a conditional underwriting [...]

Precise Mortgages recently introduced their new range of Right to Buy products that offer: Rates from 5.39% 2 and 5 year fixed rates Up to 75% LTV Zero product fee Up to 100% of the discounted purchase price Options for customers with a less than perfect credit profile The range is designed for: Local authority [...]

Specialist distributor TFC Homeloans is offering brokers up to £1m in free legals for remortgage clients over a six-month period. The offer is open to brokers signing up to TFC’s new special members’ club, Focus, and is in partnership with leading law firm Blacks Connect. Designed for intermediaries and free of charge, membership of Focus [...]

Now available on residential purchase cases.* We are pleased to announce that we now offer FREE valuations on all residential purchase cases, for properties up to the value of £2,000,000. With free valuations for residential purchase cases, you could save your clients up to £930. Your clients will also be able to get their mortgage approved, or [...]

On Monday October 17 we will launch four new mortgages for professionals, which benefit from: No arrangement fee Free valuation on a purchase Free valuation and standard legal fees on a remortgage Free valuations are available on properties worth £2m,or less. Optima Legal Services will charge a funds transfer fee of £42 to applicants who [...]

Dear Intermediary We have recently reviewed our residential Variable Mortgage Rate (VMR) and Buy to Let Variable Mortgage Rate (BTL VMR). As a result, we will be making the following reductions: Rate code Description Current rate VMR Variable Mortgage Rate 5.74% BTL VMR Buy to Let Variable Mortgage Rate 6.54% New rate Effective date(new borrowers)  Effective [...]

I'm pleased to announce that today we are launching the next phase of development for Magellan Homeloans. Today we are expanding access to our entire product range to all Appointed Representative firms who with immediate effect can submit applications directly to Magellan or continue to use an approved packager - The choice of submission route [...]