Posted in October 2017
We’ve introduced changes to our buy-to-let proposition to comply with the PRA requirements for assessing buy-to-let mortgage applications and to enhance our broker service. One of the key aspects of our buy-to-let offering is that will continue to accept applications from portfolio landlords. Here’s a summary of the changes: New and improved buy-to-let calculator hosted [...]
On Wednesday 11 October 2017, Bank of Ireland for Intermediaries is launching a new Residential & First Start product range (Our existing BTL range is unaffected). It includes a great selection of 2, 3 and 5 year fixed rate products: Residential 60% LTV rates starting from 1.23% for 2 year fixed and 1.88% for 5 year [...]
We value the work that you do Retention proc fee paid on residential and Buy to Let £400 minimum proc fee paid for new business loans £25,000 and above Full proc fee paid on total mortgage amount for existing Santander home movers No maximum proc fee Please call your dedicated contact if you want to [...]
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Last year saw the highest recorded levels of CCJs, so its not surprising more and more clients require a mortgage lender willing to offer flexibility. At Masthaven we have designed our products around real life, and provide the following credit flexibility to help you find a great solution for your clients that are being turned [...]
You may have seen in the news that The Paragon Group of Companies PLC has announced a strategic reorganisation and has now become the Paragon Banking Group PLC. This will include the coming together of the Paragon Mortgages and Mortgage Trust buy-to-let product ranges under a single, refreshed Paragon brand. I wanted to let you [...]
Product Withdrawal live from 6 October 2017 What's changed? We are withdrawing some of our Older Borrower products listed below with immediate effect. New applications will continue to be accepted up to close of business on Friday 13th October. Products being withdrawn: FXR446- 2.59%, LTV40%, 2YR <£250K FXR449- 2.79%, LTV60%, 3YR <£250K FXR447- 2.69%, LTV40%, 2YR [...]
Magellan has improved criteria for buyers who need some flexibility with affordability. With rates from just 2.99% we accept: NEW - Loans up to £1m considered on Near Prime; NEW - Up to 4 applicants; Family gifted deposit and undervalue sales accepted; Builder gifted deposit accepted; Affordability calculation allows up to 40% debt to income; [...]
We’re making the following changes to our residential product range at 9am on Monday 9 October: New residential products We are launching 2 new ERC free products at 85% & 90% LTV. Both are available for home purchase and remortgage. These new deals have a free valuation incentive and a £995 product fee. Residential rates [...]
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