Welcome to this week's Mortgage Update. Be sure to have a look through as there is sure to be some information pertinent to you. Included in this week's update: Virgin Money can help with your New Build customers; Change to Principality lending criteria on Ex-local authority flats and maisonettes; The Mortgage Works: new limited [...]

Principality expands new build lending offer to enable more first time buyers to prosper View our New Build Guide We know how important it is to keep things clear and simple and when it comes to helping your customers buy a new build property, we want to make sure you have all [...]

We're pleased to announce the appointment of Steve Seal as Director of Sales & Distribution.In this newly created role, Steve will manage our growing sales team and be responsible for leading our sales strategy with key partners.   Steve's most recent position was Head of Sales at Kent Reliance, part of the OneSavings Bank [...]

As you may know we are holding some specialist events around the country. On Tuesday the 19th September 2017 we have an event locally to your Head office at the Aston Villa Football Club. For more information, click here to see the agenda. Click here to register

Market leading remortgage products from Santander Great news! On Tuesday 12 September we enhanced our fixed rate remortgage products. Reduced 2 and 5 year fixed rates at 60%, 75% and 85% LTV 2 year fixed (remortgage only) Rate Fee LTV 1.39% £0 60% 1.44% £0 75% 1.69% £0 85%   [...]

“How to arrange second charge mortgages” is the latest in our programme of educational webinars and videos. Previously, our introductory video guides explained what second charges are, and when and why they can be useful for clients. Now, in a 20 minute briefing at 10am next  Tuesday 19th September 2017 , we will present a ‘smart guide’ that explains how to go about actually placing second charge mortgages [...]

We have completed our quarterly LIBOR review. Please accept this post as confirmation that for this review LIBOR has increased to 0.30% For audit purposes all of our buy to let and residential product guides have been updated to reflect the review that took place.  I can confirm this is the only change that has [...]

New fixed rates at 50% LTV, from 1.39% Limited edition products - From tomorrow, Wednesday 13 September, we're introducing new 2 and 5 year fixed rates at 50% LTV for remortgage, with rates of 1.39% and 2.14% respectively. Both products have a £1,995 arrangement fee and come with a free standard valuation and free standard [...]

Virgin Money regularly review their approach to new build to develop their proposition. Some of the new developments they have recently launched include: Improving the way they calculate affordability so that they can offer more of your customers the loan amount they want. Cash incentives and part-exchange of up to 5% are accepted without impacting [...]