Intermediary feedback to Virgin Money told them that larger loans would help your clients. As a result they’ve increased their maximum residential loan size from £1m to £2m and have launched mortgage deals to support these customers: 2 and 5 year £1m+ fixed rates at 60% and 75% LTV with a £1,495 fee start from [...]
We are pleased to bring you news of a new range of Residential Fees-Assisted 2-Year Fixed Rate products that we today. This update will introduce a new range of 2-year fixed rate options for borrowers that may benefit from a product with reduced fees. This may be a first time buyer with a smaller deposit [...]
Vida has widened its Buy to Let Expat criteria and now lends to existing UK property owners working in FATF member countries around the world, including Australia, America and Canada. Louisa Sedgwick, Director of Sales – Mortgages, comments “We’ve been offering this extension to our Buy to Let Expat range via selected key distributors over [...]
Under transitional arrangements, the rental cover we can offer is: 125% minimum rental cover at 00% affordability rate or 50% affordability rate for 5 year fixed rates Here’s our criteria for transitional arrangements: The new BTL remortgage application must not be capital raising The BTL property must have been purchased before 1 January 2017 [...]
Our maximum term of the mortgage is now set by the age of the oldest borrower at the end of the term – with a maximum age of 95. We’re pleased to let you know we have increased the mortgage term available to older borrowers on owner occupier repayment mortgages, including part and part [...]
We are pleased to announce that we have reduced our interest rates on some of our lifetime mortgages by up to 0.13%. Lifetime mortgages without an arrangement fee from 08th May Premier Flexible Flexible & Optional Payment Flexible Plus & Optional Payment Plus London and South East New 3.71%* (3.77% AER) 3.78%* (3.85% AER) 4.10%* (4.18% [...]
Aldermore have made quite a name for them-selves in the specialist mortgage world - and now they’re extending their offering to later-life mortgages. Their new range for borrowers aged 55 and over features multiple product options, including a 2,3,5 and 10 year fix as well as a product with no ERCs and an opportunity to [...]
Self build mortgage applications are generally viewed in exactly the same way as any traditional mortgage, yet the reality is that there's nothing more specialist than self build. Every self build project is unique and self build mortgages are not all the same. Brokers are less likely to arrange this type of mortgage frequently and [...]
To discuss a case, please contact us: Tel: 01252 916800 Email: sales@fleetmortgages.co.uk
We’ll be writing to our BTL customers with July 2018 maturities at the end of May to let them know. If you have any clients with mortgage deals that are coming to an end, now is the time to get in touch with them. As always, we’ll be directing them back to you. Here’s one [...]
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