When placing clients that are buying their first home, it’s not just a great rate that you’re looking for. We understand the pride of owning your first home, so we don’t ask for family savings to be held in trust, second charges on parents’ properties or extra security from a government scheme. We know first [...]

Due to unprecedented application volumes in recent weeks, we’ve withdrawn 26 BTL products. 20 x 2 year deals 3 x 3 year deals 3 x 5 year products The remaining 38 BTL products will remain unchanged. Click here for more information

We are pleased to announce the launch of our new product range. In response to direct feedback, our new range will provide greater certainty allowing you to easily identify the product an applicant will qualify for, based on their credit criteria. Highlights: No cascade based on credit score.  We will no longer use score to [...]

We have put together a list of top 20 reasons to call us: Tight completion deadlines Land and development finance Adverse credit / low credit score Portflios HMO All income sources considered Overseas borrower / complex structures Unmortgageable property / zero valuation Auction purchase Refurbishment / change of use Unusual property or location No case [...]

We love it when you’re honest with us. Without your feedback, we’d be working in the dark. And in the first 12 months our rating and review service has been live, you’ve given us an average of 4.5 stars out of 5.* Listening to you meant we did all this: Improved our case tracking, giving [...]

We have put together a few of our thoughts on GDPR and how it will affect mortgage intermediaries in the Q&A below. How is your business preparing for GDPR? Vida Homeloans has a GDPR implementation project which began in May 2017 and will align our business to the new requirements. An initial impact analysis was [...]

On Wednesday the 21st February , NatWest will be withdrawing all residential products from our semi-exclusive range. Having reviewed our product portfolio in line with the prevailing market conditions, we are withdrawing our residential exclusive products. It is our intention to re-introduce our exclusive range once we fully understand the impact of these increased costs [...]

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: NatWest withdraw residental product; Santander announce buy to let remortgage opportunities; Vida Homeloans share tips on GDPR; The Mortgage Lender launch new product [...]