Principality Building Society will now consider mortgage applications for customers working as supply teachers and bank nurses across England and Wales subject to six months proof of income. The change in lending policy comes after a surge in enquiries from both professions. Emma Graham, National Account Manager at Principality Building Society, said: “We take [...]
TSB has launched a new suite of buy-to-let deals, as well as cutting the rates on offer on some of its existing products. Selected deals have had their interest rates reduced by up to 0.10% with immediate effect. For example, two-year fixed rate buy-to-let remortgage deals start at 1.59 per cent, with a £1,995 [...]
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: Together are lending for the new normal; Kensington announce new rates and cashback; Santander withdraw £1,000 cashback exclusives; Principality relaxes lending criteria to [...]
On the edge of interest only... What's available for your clients? Many customers are approaching the end of their interest only mortgage and are looking to extend their term further but are finding their age a barrier to lenders. Our Older Borrower range allows customers aged 55 and over the opportunity to extend their existing [...]
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