As at Tuesday 9th July 2020                                                     Applications in progress To avoid delays please submit the latest bank statements showing a salary credit within the last 35 days. Fully packaged new applications 11 working day to assessment/approval Fully packaged Foreign Income/Legacy applications 14 working days to assessment/approval Assessing Supporting documents [...]

Santander is removing cashback from all 85 per cent loan to value (LTV) fixed-rate purchase products from 10 July. All products will still receive a free standard valuation, up to a property value of £2.5m. Four products are affected – a pair of two-year and five-year fixes with fee-free and £999 fee options. [...]

The Family Building Society believe in flexibility. They won't say no to your clients just because of their age or because they don’t tick the ‘normal’ boxes. They’ll always treat your client as an individual and look for ways to say yes. See how they can help your clients.

The lender will no longer accept borrowers who have a County Court Judgement (CCJ) or a default showing on a credit report. This applies to satisfied CCJs, that remain visible on a credit file, and defaults as well as unsatisfied credit issues. Borrowers who have two or more consecutive missed payments on any item [...]

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: Royal Bank of Scotland releases Leicester lockdown guidance; Foundation Home Loans widens their residential offering; Metro Bank release new large loans of up [...]

The move comes after the society experienced “overwhelming demand” for the product as other lenders pull back from high LTV lending. Read more

From Tuesday 30th June 2020 NatWest will be introducing rate decreases for products across their Core and Semi-Exclusive ranges for new customers. The changes also include reductions to cashback across their 2 and 5 year remortgage ranges. As well as a withdrawal of selected Semi-Exclusive remortgage products. Mark Bullard: “We’re delighted to be making [...]

In less than 20 years, social media has revolutionised the way we communicate with each other, giving us the opportunity to connect with people all over the world in a simple and fast way. Click here to find out more and read Precise Mortgages’ five top tips around boosting social media presence. [...]

In today’s market first time buyers are finding it very challenging to find a mortgage with no deposit or a deposit of 5% or 10%. Buckinghamshire Building Society’s Family Assist mortgage offers up to a 40 year term and allows the applicant to borrow up to 100% of the purchase price. By taking a [...]

We have developed the expertise to discuss complex cases and find the right solutions for your customers. We understand the complexities that come with various income streams and the need to individually underwrite and assess each case on its own merits. Why Metro Bank for Large Loans; NEW: Large Loan Range up to £5million [...]