We are pleased to announce the launch of new Buy to Let Packager Exclusives with The Mortgage Lender. The exclusive products are the lender's lowest interest rate products with a percentage lender completion fee. Click here to view the exclusive product guide. 3mc has the added benefit of an onsite TML underwriter. To obtain a lender DIP click here then [...]

We’re making some changes to our product rates. The new rates will come into effect from 29th November 2018. The sourcing systems are processing this update and the changes will be reflected shortly. The new product rates will show in Bluelink from 29th November. You can find out more in our latest product guide.   We’d [...]

We're always looking at ways to improve the way we work with you. We've listened to your feedback and want to ensure our packaging is simple, clear and straightforward. The updated Submission Guides contain 4 simple steps, including the evidence required to submit the application and help us get an offer to your client. The [...]

Here are a few things that are readily available in Scotland; kilts, haggis, whisky and BTL mortgages. Since the day we launched, we've been lending in Scotland; We don't differentiate our price by region; We have always lent in Scotland, England and Wales; Our BTL mortgage range has expanded with new fixed fee and zero [...]

It’s been a cracking year for us. We’ve launched some exciting new product ranges, hit £2 billion in mortgage lending, and been named the fastest-growing lender in the UK. It’s a big task, but we want to do even better in 2019. To keep us on track in our mission to give the industry a [...]

Virgin Money accept mortgage applications from portfolio landlords. Their doors are open! Just follow these three simple steps: Three simple steps Complete your mortgage application as you normally would. Once you have an accepted Decision in Principle, use the BTL hub to upload details of your client’s property portfolio in seconds. They’ve partnered with eTech, [...]

What income do we accept? Our minimum income for both Older Borrowers and RIO mortgages is £17,500, with a maximum multiplier of 4.5x (joint or single) and is subject to the loan being affordable. Pension income: can be considered and evidence of this income must be provided by payslip/ annual statement. Income from property/ investments: can [...]

A summary of the key criteria for our new JBSP proposition is detailed below: Available across all residential products Maximum 2 borrowers/1 occupant# Parent (or other family member) can assist son/daughter – or son/daughter could assist parent/older relative Affordability calculation must cover household costs x two properties plus any additional mortgage/rental commitments Borrower not listed [...]

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: TSB introduce free standard valuations; Bluestone have reviewed their rates; Digital Mortgages are making changes to our product fees; Aldermore have updated their submission [...]