At Principality our intermediary team have been working hard to support you and your clients. We appointed four new BDM’s out on the field, covering even more of England and Wales, as well as building our desk support team. We also entered the market for Help to Buy England in 2018, in addition to Help [...]

Please find below an overview of two new product ranges that have been launched: NEW 90% LTV prime residential mortgage range by Magellan Homeloans with rates from 2.74% Don’t forget that cases for Magellan Homeloans submitted via Brightstar will benefit from priority service standards NEW limited edition 5 year fixed buy-to-let mortgage products by Pepper [...]

We're thrilled to introduce our next series of Equity Release Exam Workshops, which have been designed with mortgage advisers in mind. The equity release market is booming, and we're proud to be supporting advisers who want to enter the market and support it's growth. Do you know someone who wants to get equity release qualified? [...]

H&R for Intermediaries is pleased to announce that its newly-launched broker platform is live for residential and consumer BTL mortgages, where you’ll be on track for a host of new creature comforts to smooth the application journey. It’s designed to be much more intuitive and easier to navigate. We’ll be running the old platform alongside [...]

We’ve made rate changes across our range of residential mortgage products. Here’s what you need to know: We’ve decreased rates for 51 of our 2, 3 and 5 year products; We’ve increased rates for 10 of our 3 and 5 year products; We’ve extended all end dates to 31st March. The new rate table with [...]

The current economic climate, increased competition and continued uncertainties in the wider housing market have put the mortgage industry under huge pressure. These market pressures show no sign of abating, with competition intensifying as evidenced by increasing Loan to Value metrics and lower new lending margins. Having considered all of these factors, and whilst no [...]

What options are available for a "Remortgage in Retirement"? If you have a client over the age of 55 looking for a remortgage there's lots of options available dependent on what exactly they're looking for, here's some of our most popular; Remortgage their existing interest only mortgage Want to remortgage onto interest only with plans 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: Fleet Mortgages withdraws current product range; Magellan launches specialist prime mortgages; Secure Trust Bank proposes to cease new mortgage lending; Digital Mortgages announce rate [...]