If you have clients looking for the maximum equity release available our Tailored Choice enhanced lifetime mortgage could provide the solution. Tailored Choice at a glance Highest LTVs on the market up to 55.5% 13 simple health and lifestyle questions to find out if your client qualifies Flexible drawdown facility available Market-leading Guaranteed Inheritance Feature [...]

It's not just black and white with Older Borrower clients we know that there's a increasing amount of grey!... Excuse the pun, but, when looking at Older Borrower cases, it's not about the black and white but the grey in between. We've found that there's a growing number of your clients that need a personal and [...]

Over the past few years we’ve seen a healthy increase in the proportion of lending we do to self-employed borrowers. This also reflects ONS data which states that self-employment makes up nearly 15% of the UK workforce*. We understand that when it comes to self-employed applications flexibility is key. That’s why our lending is based [...]

We are pleased to announce the launch of new near prime 95% LTV packager exclusives with Kensington Mortgages. The products are available to both First Time Buyers and Movers and are 0.15% higher than the 90% LTV core range. The products are showing on all major sourcing systems including the new interactive 3mc compare criteria [...]

On the 19th September we are delighted to be launching a new range of Help to Buy Shared Equity Remortgage products, which will allow customers with another lender to save money by remortgaging to NatWest. We want to take this opportunity to outline the process involved and  to also cover the fees the customer will [...]

Don’t get left in the dark Have you recommended a lenders product to your client, based on their published criteria, and then been offered another more expensive rate instead? Because Pepper Money doesn’t credit score, they don’t need to cascade. So as long as they get accurate information with your application, your client gets [...]

We are delighted to advise we are increasing the gross proc-fee payable to you for residential completions from 0.40% to 0.42%. The changes are applied with immediate effect and will include all completions from 1 August 2018, payments to be issued this week. We also hope to be in a position to provide you with [...]

Chorley Building Society has improved their Help to Buy mortgage product, including reducing the scheme fee and increasing the discount reduction. The 0.75% scheme fee has also been replaced with a fixed fee of £499. The Product term has reduced from 3 years to 2 years and the current discount has increased from 3.00% to [...]

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: Virgin Money launch new remortgage products; Chorley Building Society revamp help to buy mortgage products; Tipton announce proc-fee enhancements. [...]