Vida Homeloans recognises that your customers don’t always fit the norm and sometimes it is necessary to think outside the box in order to secure their property purchase. Perhaps they’ve experienced redundancy or divorce or have Debt Management Plans, defaults or CCJs because of disputed utility or mobile phone bills? Vida understands that these ‘life [...]

We are pleased to announce the launch of new Buy to Let Packager Exclusives from The Mortgage Lender. The products are available for remortgages and purchases up to 80% Loan to Value with minimum rental stress requirements from 125% @ 3.49%. See below for the key criteria elements to assist your Buy to Let clients. For further information visit the [...]

This range of products aims to cater for landlords who require a loan size of up to £55,000; this may particularly assist landlords in the North where property values may be lower. A summary of the range is featured below: Loan sizes £25,001 - £55,000 only 2-year fixed rates from 3.24% 5-year fixed rates from [...]

Debt Management Plan Range Pepper Money recently launched a Debt Management Plan mortgage range for individuals who are in an arrangement with a licensed debt management company. The range, consisting of a number of 2-year fixed rates starting from 3.78%, is available for residential purchases or remortgages up to 85% LTV. Debt Management Plans [...]

As of the 1st May we increased selected fixed and tracker rate products as well as withdrawing selected fixed rate products. Residential withdrawals 60% LTV 5 year fixed 2.09% (purchase and remortgage) with £1999 product fee; 80% LTV 5 year fixed 2.19% (first time buyer exclusive) with £999 product fee. Further information Product [...]

I wanted to share with you the exciting news that we have relaunched our residential proposition. The key Changes are:- Automated Decisions Faster Application Submission A wider more substantial product range starting at 2.24% (Please see product guide attached) Why us? Part & Part Interest Only up to 80% LTV Wide range of acceptable repayment [...]

On Monday 30 April, we amended the following residential product: 2 Year Fixed Rate at 65% LTV with a £995 fee will be increased to 1.50% for both purchase and remortgage customers. For full details on our full range, please view out Mortgage product update. If you have any queries then please talk to your [...]

We have announced two major criteria changes across our near prime product range. Following intermediary feedback, we will now accept applications from borrowers who have been in a Debt Management Plan for over 12 months without a missed payment, and from prospective borrowers who may have missed one mortgage payment in the last 12 months. [...]

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: Santander announce changes to their mortgage range; Pepper Money launch debt management plan mortgage range; Virgin Money announce product withdrawal; HSBC are now [...]