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. Included in this week's update: Skipton relaunch residential purchase mortgages up to 75% LTV; Nationwide Building Society release interest only product; Accord Mortgages extend range of 80% LTV [...]

The lender is now accepting remortgage applications up to a maximum loan to value (LTV) of 60 per cent. Borrowers require a minimum equity of £300,000 in London, £250,000 in the South East and £200,000 across the rest of the UK. Rates are the same as capital repayment, staring from 1.29 per cent. Repayment [...]

Automated Mortgage Valuations - AVMs To support customers, TSB is introducing desktop valuations in addition to Automated Mortgage Valuations (AVM’s) whilst it’s not possible for valuers to travel or gain access to properties. From today more properties will be valued remotely, without an internal or external inspection. This means some customers will get their [...]

Ian Wilson, head of Halifax Intermediaries, said: “Being there for our customers and intermediaries when they need us is our priority and we’re working hard through these unprecedented times to continue supporting the market. This next step helps provide greater choice for customers and we are proud of our colleagues for all the work [...]

Read about the latest updates to our service, discover what’s new for brokers and their clients in Scotland and take a look at our FAQs. Product Update: Tomorrow we’re reinstating new purchase Residential fixed and Buy to Let (BTL) tracker mortgage lending up to 75% LTV, and launching a bespoke Interest Only range. We’ll [...]

Learn more We wanted to let you know that we've now updated our guidance on how we're treating valuations during the Coronavirus (COVID-19) outbreak, including: • our timescales for valuations on pipeline cases submitted prior to 27 March, as well as for new business • what's happening [...]

Last week, we temporarily withdrew all our remortgage, purchase and first-time buyer products. This week, we’re bringing you a revised remortgage range for existing customers. New remortgage products At 8am on Thursday 9 April, we’re reintroducing a limited range of no-fee remortgage products with 60% to 90% LTV, on two and five-year fixed rates. [...]

For regular COVID-19 updates from the Mortgage Club, please visit our dedicated FAQs page.  Click here to find out more Santander have created a guide detailing the range of options of Government support for businesses. Click here to find out more We’ll be offering desktop valuations [...]

3mc has been monitoring the situation regarding the coronavirus outbreak along with the advice set out by the UK Department of Health. 3mc is regulated by the Financial Conduct Authority (FCA) and as part of our responsibilities under the FCA we have a Business Continuity Plan (BCP) which has been tested and is fit [...]