Furness for Intermediaries reduced rates on its fixed rate mortgage range which is available across England, Scotland and Wales. The new fixed rate products include a 2 year product at 2.69% (90% LTV), 3 year product at 2.43% (80% LTV), and two 5 year products at 2.73% (80% LTV) and 2.99% (90% LTV), all of [...]
In June we introduced a couple of solutions that allowed brokers to feel confident about the security of documents that they send to us in form of TLS and Egress Switch. We also informed you at that time that we were working on a facility that would enable you to upload documentation to our website. [...]
I am delighted to inform you that Buckinghamshire Building Society has increased the cap on procuration fees paid to brokers across our mortgage range. The maximum procuration fee for residential, buy to lets and product transfers has been increased from £3,000 up to £4,000. This will be applied to all new applications submitted from now. [...]
As we look back on 2018, this has been a year of continued growth for Kensington. We are the UK’s leading residential specialist mortgage lender, our mortgage book now stands at over £5bn and this year, we reached a fantastic milestone having lent over £1bn over a 52 week period. We couldn’t have achieved what [...]
Don't let age be a barrier when it comes to finding a lending solution We don’t solely go off age when it comes to supporting your clients with a mortgage but instead factor in mortgage term times to support their options. Here’s what we look at when we’re assessing a case… What do we look [...]
Portfolio products 3.99% 2 year fixed 80% LTV HMO/MUB £150 application fee 0.25% product fee Free mortgage valuation £250 cashback* 3.99% 2 year fixed 80% LTV HMO/MUB £150 application fee 0.25% product fee Free mortgage valuation £250 cashback* View product overview Non-portfolio products 3.85% 2 year fixed [...]
Following on from the rate reductions we made last week, we are pleased to confirm we are making some more positive changes to our Residential fixed rates with new products launching tomorrow, Friday 7th December. The changes impact products across our Purchase, Remortgage and Existing Customer Reward ranges and include some competitive reductions to our [...]
As 2018 comes to an end, we’d love to know how you think we’ve been doing this year, so we’d be grateful if you could complete our Broker Survey. It shouldn't take you longer than 10 minutes, and by completing our survey you’ll have the chance to enter into a prize draw. This year we’re [...]
According to figures from the Intermediary Mortgage Lenders Association, investment in Buy-to-Let properties fell by 80 percent from £25bn in 2016 to £5bn in 2017. With extra stamp duty and stricter regulatory and lender tests in place, this climate is creating a new breed of "buy-to-let mortgage prisoner"- individuals who were able to take out [...]
Please give full details of the deposit in Introducer Internet > New application > Loan required > Loan details. For gifted deposits: In Introducer Internet please detail the full name(s) of the person providing the gift, amount of gift, relationship to applicant, and any legal interest to remain (including second charge). For more information on what [...]
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