The max loan size for all first charge residential mortgage products has been increased. Key features include: Available for Remortgage and Purchase, including First Time Buyers, up to 85% LTV Capital Repayment or Interest Only (Interest only affordability on Interest Only payment) 2yr, 3yr and 5yr fixed rates from 3.80% Previous Adverse accepted: Can [...]

Criteria Changes (applies to Standard, Specialist, HMO and Ex-Pat applications)  For new applications, with effect from the above date, SBI will make the following changes to our maximum loan to value for new build properties: New Build House:           Maximum LTV 70% (previously 65%)  New Build Flat:               Maximum LTV 65% (previously 60%)    Green Mortgage [...]

We’re delighted to share with you that following a successful pilot, from tomorrow (16/12/2021 @ 9am) we will be able support your advisers by extending our shared ownership offering to all registered brokers. Our Shared Ownership range is available on our Pepper 36 product, up to 75% LTV. Please find product and criteria guides [...]

Santa’s elves deliver an Affordability Calculator to Bucks BS early! Our enhanced affordability calculator has now launched on our website (courtesy of Santa’s elves), powered by technology from Legal & General. The intuitive affordability calculator reviews the affordability of borrowers, but then cross-references this information against a selection of our lending criteria. Don’t forget [...]

This communication summarises key changes being made to Mortgage pricing for Coutts and Adam & Company as of Wednesday 15th December 2021. Residential 2 year Fixed have increased by 0.10% across all LTV bands, starting from 1.94% Buy-to-Let 2 year Fixed have increased by 0.10% across all LTV bands, starting from 2.34% All other [...]

Selecting a buy-to-let lender for a portfolio landlord can be a challenge for advisers, as they will need a lender that can offer a suitable interest cover ratio to maximise the amount of potential borrowing without heavy underwriting on the background portfolio. At West One, our individual approach to underwriting means that we review [...]

Where there's a chill there is a way Complex Case Solutions Is a complex case leaving your client cold this winter? Do they need help with a short term borrowing need? Do they need to secure lending on the basis of atypical income? Do they need to borrow more than standard income multiples? Are [...]

Great product range with added benefits We’re committed to providing our mortgage intermediary partners with excellent service, great products and lending criteria that reflects your customers’ unique needs. Here are a few key reasons why we are best placed to support you and enhance the options available to your customers. Why choose Newcastle Intermediaries? [...]

We pride ourselves on providing common sense lending decisions and wanted to share with you a recent application where we we're able to support the broker and their client, when others had said no. The applicant was looking to capital raise a gross loan of £244,494 on their unencumbered residential property to purchase an [...]