08. August

Posted in August 2017

Mortgage Update-4th August

By |2022-03-31T11:57:53+01:00August 3rd, 2017|08. August, Mortgage, Provider News|

Included in this week's update: Virgin Money inform us of how they can help your clients save money by remortgaging; Marsden show how they can help your older clients find a mortgage; Accord cuts a number of rates; Fleet now accept gifted deposits from an immediate family member; Enterprise release their latest Second Charge Report; [...]

Accord cuts 25 rates across its residential range

By |2019-03-12T10:53:44+00:00August 3rd, 2017|04, 08. August, 2017, Mortgage, Provider News|

We’re making the following changes to our residential product range from 9am on Friday 4 August: Residential rates going down We’re cutting rates on 25 products across the 65% to 90% LTV tiers by up to 0.12% New residential products We’re launching 3 new 85% LTV deals: 2 remortgage products with a £995 fee featuring [...]

The Nottingham: 4.5x income multiples for 95% LTV available

By |2019-03-12T10:53:44+00:00August 3rd, 2017|04, 08. August, 2017, Mortgage, Provider News|

Dear Intermediary Partner We’ve enhanced our income multiples We’ve listened to broker feedback and from 3rd August your customers will now be able to borrow 4.5x income for mortgages up to 95% LTV. We are proud to be a responsible lender, but feel this increase in the amount we will lend more accurately reflects the [...]

Castle Trust – Change to Procuration Fees on First Charge Products

By |2017-08-03T09:31:28+01:00August 3rd, 2017|04, 08. August, 2017, Mortgage, Provider News|

With effect from Tuesday 01 August 2017, Castle Trust have revised  the procuration fee for first charge products from 1.5% to 1.25%, net to TRM adviser 1.10%

3mc: New Residential Exclusives Launched With Pepper Homeloans

By |2019-03-12T10:53:44+00:00August 3rd, 2017|04, 08. August, 2017, Mortgage, Provider News|

We are pleased to announce the launch of new Residential Exclusives with Pepper Homeloans. The products are available to 75% Loan to Value on the NP1 and NP2 range and will enable your near prime clients to maximise their affordability. To obtain a lender DIP click here then scan and email the completed form to [...]

Magellan Homeloans offer mortgages for up to four applicants

By |2017-08-03T09:18:54+01:00August 3rd, 2017|04, 08. August, 2017, Mortgage, Provider News|

Magellan Homeloans, the specialist first charge mortgage lender, has further improved its lending criteria by announcing it will now lend to up to four applicants.  The enhancements apply to their Complex Prime and Credit Repair ranges and will serve to ease affordability issues on mortgage applications. With the cost of buying property continuing to rise [...]

Virgin Money: Zone in on remortgages

By |2019-03-12T10:53:44+00:00August 3rd, 2017|04, 08. August, 2017, Mortgage, Provider News|

Dear Partner With around 3 million residential mortgages in the UK now on an SVR scheme1, many consumers could be missing out on the opportunity to save money or pay off their mortgage early thanks to low mortgage rates. In fact, industry data indicates that 7 out of 10 homeowners could save money by moving [...]

Marsden: “Picture this” A lender with solutions for the 55+

By |2019-03-12T10:53:44+00:00August 3rd, 2017|04, 08. August, 2017, 25, Lending into Retirement, Mortgage, Provider News|

What options are available to this audience? The older borrower market is growing fast yet their access to products can be limited. The Marsden offers conventional mortgages for those approaching or in retirement that are an alternative to equity release or for some, a ladder to support equity release in the future. Here are some [...]

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