01/04/2022

Are your clients in need of a reward? 💸

By |2022-03-31T15:50:26+01:00March 31st, 2022|01/04/2022, 2022, Mortgage, Provider News|

Hello With soaring energy prices and the Government scrapping VAT on energy efficiency measures, now might be the perfect time for your clients to make energy efficient improvements on their home or rental properties. And remember, they still may be eligible to apply for our Green Together Reward for an extra £500. Applications for [...]

We’re increasing Clydesdale Bank rates

By |2022-04-06T10:06:29+01:00March 31st, 2022|01/04/2022, 2022, Mortgage, Provider News|

We wanted to let you know that we’re making some changes to the following Clydesdale Bank products at 8pm today. ·     75% - 90% LTV 2 and 5 year fixed rate Fee Offers will be increased by up to 0.09% ·     80% LTV 5 year fixed rates with £999 and £1,499 fees will be [...]

Changes to the Halifax Housing Price Index

By |2022-03-31T15:39:45+01:00March 31st, 2022|01/04/2022, 2022, Mortgage, Provider News|

To calculate the percentage loan to value (LTV) when a product transfer (PT) is required, we use an indexed valuation figure which is updated quarterly by the Halifax Housing Price Index (HHPI). Ahead of the next changes to HHPI, expected in April, we wanted to take this opportunity to remind you that our online [...]

Important changes to our Contractor criteria – Under Embargo until 1st April 2022

By |2022-03-31T15:33:31+01:00March 31st, 2022|01/04/2022, 2022, Mortgage, Provider News|

As the lending specialist, we are here to assist all contractors, including those with a less than perfect credit record. We have listened to your feedback and are pleased to announce a range of enhancements to our contractor criteria, to help get life moving for your clients. These changes are under embargo until Friday [...]

Resale Price Covenant scheme

By |2022-03-31T15:22:20+01:00March 31st, 2022|01/04/2022, 2022, Mortgage, Provider News|

From 4 April we are changing the way applications for a property with a Resale Price Covenant (RPC) are to be keyed. We accept applications where the customer is purchasing a property at a discounted purchase price under an RPC, sometimes called Discount Market Scheme (DMS), and are introducing a dedicated ‘Resale Price Covenant’ [...]

Case Study 2 – Impaired credit

By |2022-03-31T14:56:39+01:00March 31st, 2022|01/04/2022, 2022, Mortgage, Provider News|

Derek has been living with his mother and is supporting her financially with everyday costs and her mortgage repayments.  His mother Sally is a pensioner and Derek is a full-time HGV driver. Sally took out an equity release mortgage around ten years ago and together they have decided to remortgage and add his name [...]

Changes to Clydesdale Bank Variable Rates

By |2022-03-31T14:53:36+01:00March 31st, 2022|01/04/2022, 2022, Mortgage, Provider News|

Following the decision by the Monetary Policy Committee on 17 March 2022 to increase the Bank of England Base Rate to 0.75%, we’re making some changes. On 1 April 2022, we will increase our Standard Variable Rate to 4.99%, our Offset Variable Rate to 5.20% and our Offset Variable Investment Housing Loan Rate to [...]

Changes to our Standard and BTL Variable Rates

By |2022-03-31T14:51:21+01:00March 31st, 2022|01/04/2022, 2022, Mortgage, Provider News|

Following the decision by the Monetary Policy Committee on 17 March 2022 to increase the Bank of England Base Rate to 0.75%, we’re making some changes. On 5 April 2022 we will increase our Standard Variable Rate to 4.99% and our Buy to Let Variable Rate to 5.19%. What happens with existing customers Customers [...]

West One Buy-to-Let: Important Product Changes

By |2022-03-31T14:45:37+01:00March 31st, 2022|01/04/2022, 2022, Mortgage, Provider News|

We are pleased to confirm some enhancements to our product range available from Friday 1st of April 2022. The revised product range will be available for selection on our broker portal from this date.   A summary of the changes is noted below: A new 2-year fixed range - being added to our Standard [...]

IMPORTANT NEWS FROM TSB: Re-introduction of Shared Ownership products and base rate changes to rates.

By |2022-03-31T14:28:20+01:00March 31st, 2022|01/04/2022, 2022, Mortgage, Provider News|

From 4 April, TSB re-launches its entire shared ownership product range, which includes rates for second-hand homes and re-mortgages - all of which come with £500 cashback. This is a welcome return due to the current popularity in this segment of the market, and with cashback, provides money confidence to any type of borrower. [...]

The Right Mortgage and Protection Network

St Johns Court , 70 St Johns Close, Knowle, West Midlands, B93 0NH

Phone: 01564 732 749

Using a Satnav? Please use postcode: B93 0NN to locate the office when visiting.

Testimonials

Like the friendly can do approach, keep it up!
Michael McGuiness, Adviser
My experience with TRM so far has been excellent I can’t tell you how much you guys have lifted me since March. The positive approach shown by everyone to get the business on and to get the commission paid is up lifting. What a breath of fresh air, great Network and fantastic positive attitude.
Andrew Smith, Adviser
You are a wake up call to this market and a revelation compared to my previous network.
David Levy, Adviser
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