Virgin Money: Improvements to selected BTL products

By |2017-09-01T09:30:48+01:00September 1st, 2017|01, 09. September, 2017, Mortgage, Provider News|

BUY-TO-LET 2 YEAR FIXED RATES AVAILABLE FROM 1.47% We have made improvements to selected buy-to-let fixed and tracker rate products. Summary of changes Core Range Selected buy-to-let fixed and tracker rates products will be reduced, including: 2 Year Fixed Rate at 60% LTV will be reduced to 1.47% with a £1,995 fee 3 Year Fixed [...]

Latest news and updates from Nationwide For Intermediaries

By |2019-03-12T10:53:37+00:00September 1st, 2017|01, 09. September, 2017, Mortgage, Provider News|

This month, we're pleased to announce you're now able to complete a rate switch on behalf of your client using NFI Online. Also, we're reminding you of the proofs that we request when submitting applications, discover our top tip on submitting tax credit proof and view our current FAQs, recent news and latest service levels. [...]

New Residential & BTL Exclusives Available Via 3mc

By |2019-03-12T10:53:37+00:00September 1st, 2017|01, 09. September, 2017, Mortgage, Provider News|

Below we have highlighted 12 different packager exclusive products available for both Residential and Buy to Let products. The available products include the following criteria:- 90% LTV with communication Defaults within the last 12 months 85% LTV with DMP's 80% LTV 5 Yr Fixed - Best affordability in the UK 80% LTV with 5 Defaults & 3 CCJ's in the [...]

Barclays: Lending criteria update: Income multiples

By |2019-03-12T10:53:37+00:00September 1st, 2017|01, 09. September, 2017, Mortgage, Provider News|

Following a review of our lending criteria we have made amendments to our income multiples policy for residential lending. Applications will now require an income of £55,000 or more (sole or joint) to qualify for a 5.00x income multiple. This replaces the previous £45,000 income threshold. The table below provides an overview of the full [...]

Bluestone Mortgages: Helping customers understand Credit Reports

By |2019-03-12T10:53:37+00:00September 1st, 2017|01, 09. September, 2017, Mortgage, Provider News|

More CCJ's were registered last year than ever before, so it's not surprising more customers need help to understand how their credit reports are impacted. We've created a guide for you to use with customers which covers: - Getting a free report - Reading your credit report - What your report tells lenders - How [...]

Santander: Rate Cuts, Withdrawn Products and Case Tracking Update

By |2019-03-12T10:53:37+00:00September 1st, 2017|01, 09. September, 2017, Mortgage, Provider News|

Rate cuts from Santander I’m pleased to let you know that on Wednesday 30 August 2017, we’ll be making rate cuts to selected fixed and tracker deals. Fixed rates We’ll be reducing our 2 and 5 year fixed rates at 80-90% LTV.  Highlights include our 2 year fixed at 85% LTV, which will be [...]

Earl Shilton Building Society: Mortgage product update

By |2019-03-12T10:53:37+00:00September 1st, 2017|01, 09. September, 2017, Mortgage, Provider News|

I am writing to advise that the following changes will come into effect from 1st September 2017: Booking Fee – The non-refundable booking fee will be increased from £100 to £125 on all products Own Insurance Fee – This is currently £25 but the fee will be removed completely Revaluation Fee (Further Advances) – This [...]

Leeds Building Society: Portfolio Landlords

By |2019-03-12T10:53:37+00:00September 1st, 2017|01, 09. September, 2017, Mortgage, Provider News|

As you may know, from 30th September 2017 the PRA will define borrowers with 4 or more mortgaged buy to let (BTL) properties as portfolio landlords. Leeds Building Society are pleased to continue supporting these borrowers. From 29th September, the Society will increase its maximum portfolio size to 10 mortgaged rental properties and increase the [...]

Hodge Lifetime: Scotland Launch

By |2019-03-12T10:53:37+00:00September 1st, 2017|01, 09. September, 2017, Lending into Retirement, Mortgage, Provider News|

Hodge Lifetime's 55+ Interest Only Residential Mortgage now available in Scotland Following on from the successful launch of our award winning 55+ mortgage in England and Wales during 2016 we are delighted to confirm that from September 4th 2017 the product will be available for business in Scotland. Product highlights:  Available [...]

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Phone: 01564 732 749

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