20/05/2022

Weekly Mortgage Update – 20th May 2022

By |2022-05-19T15:14:20+01:00May 19th, 2022|20/05/2022, 2022, Mortgage, Provider News|

Welcome to this week's Mortgage Update. Please take the time to read through the update as there may be some information that is important to you. Our lender updates include Landbay reveals new brand with launch of next generation broker portal Barclays: paperless mortgage offers email communications Foundation: Three ways you can help your [...]

Precise Mortgages new 5-year fixed buy to let mortgage rates

By |2022-05-19T14:52:20+01:00May 19th, 2022|20/05/2022, 2022, Mortgage, Provider News|

Precise Mortgages updated buy to let mortgage range includes 5-year fixed rates starting from 3.29% with fixed, £0 and % product fee options. The range also includes options with refunded valuation (maximum £630) and £500 cashback, which could be ideal for landlord customers looking to remortgage. 2-year fixed rates from 2.79% NEW! 5-year fixed [...]

Zephyr Homeloans product update – new 7-year fixed rate

By |2022-05-19T12:47:06+01:00May 19th, 2022|20/05/2022, 2022, Mortgage, Provider News|

As you’re a valued partner, we’re giving you and your brokers advance notice that we are launching a new buy-to-let 7-year fixed rate for standard products on Friday 20th May.  We will write again on Friday to confirm all the details. Also, on the same day all our existing 2 and 5 year fixed [...]

Case Study: Limited Company Holiday Let with lending into retirement

By |2022-05-19T12:45:25+01:00May 19th, 2022|20/05/2022, 2022, Mortgage, Provider News|

Here at the Mansfield, we assess each application on its merits, which means we can make common sense lending decisions. In this case study we helped a limited company with two shareholders purchase a property over a term that extended into retirement when there was an historic credit blip. The property was a 4 [...]

Joint Mortgage Sole Owner – a family solution to affordability

By |2022-05-19T12:44:11+01:00May 19th, 2022|20/05/2022, 2022, Mortgage, Provider News|

Family Building Society have a range of JMSO arrangements designed to enable family members to help support each other, by using up to four incomes for affordability. Supporting family members have the added benefit that they will not be liable for stamp duty on a second home. JMSO can be used by parents to [...]

Hanley Economic – New Mortgage Product

By |2022-05-19T12:39:08+01:00May 19th, 2022|20/05/2022, 2022, Mortgage, Provider News|

3.75% Shared Ownership Fixed Rate Mortgage until 28/04/2027 3.75% Initial Pay Rate until 28/04/2027 Followed by the Society's Standard Variable Rate for the remaining term currently 4.79% The overall cost for comparison is 4.5% APRC^ 3.75% Shared Ownership Fixed Rate Mortgage until 28/04/2027 – Free Valuation – No application or product fees – 95% [...]

Three ways you can help your landlord clients finance green improvements

By |2022-05-19T12:38:15+01:00May 19th, 2022|20/05/2022, 2022, Mortgage, Provider News|

From 2025, under the current proposals all newly rented properties will be required to have an EPC rating of C or above. Currently, properties only require an EPC rating of ‘E’ or above for us to lend at Foundation Home Loans. Existing tenancies will have until 2028 to comply with the new rule changes. [...]

Case study: Fast auction purchase against tight deadline submitted through portal

By |2022-05-19T12:35:06+01:00May 19th, 2022|20/05/2022, 2022, Mortgage, Provider News|

Summary: What does it take to deliver a bridging deal quickly? LendInvest Underwriter Courtney Keegan walks you through a recent deal where a borrower had purchased a home at auction but needed fast funding to secure the property and fund light refurbishments to make it into her first Buy-to-Let. Find out more here. [...]

FOUNDATION HOME LOANS INTRODUCE NEW BUY TO LET 2-YEAR DISCOUNT RATES WITH FREE VALUATION

By |2022-05-19T12:33:50+01:00May 19th, 2022|20/05/2022, 2022, Mortgage, Provider News|

As of Tuesday 17th May 2022, Foundation Home Loans have launched a new 2-year discount rate product on their F2 range for portfolio & non-portfolio landlords with some historic credit blips. The new Discount rate product is available up to 75% LTV and comes with one free standard valuation and no ERCs - allowing [...]

Case study: Fast auction purchase against tight deadline submitted through portal

By |2022-05-19T12:33:17+01:00May 19th, 2022|20/05/2022, 2022, Mortgage, Provider News|

What does it take to deliver a bridging deal quickly? LendInvest Underwriter Courtney Keegan walks you through a recent deal where a borrower had purchased a home at auction but needed fast funding to secure the property and fund light refurbishments to make it into her first Buy-to-Let. Find out more here. [...]

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.

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