We are delighted to announce that we will be delivering a raft of positive changes to our lending and product criteria with effect from TOMORROW (Wednesday 13th November 2019). The changes cover a range of criteria including maximum loan sizes, minimum property value, transactions between connected parties and gifted deposits. Specific highlights of Fleet’s [...]

TSB have made some changes to residential products. A summary of the changes are below: NEW 5 year fixed house purchase, 0-60% LTV product with £1,495 fee House purchase rates reduced on: 2 year fixed house purchase 90-95% LTV, rates reduced 0.15% 3 year fixed house purchase 0-60% LTV, rates reduced by up to [...]

It’s safe to say that Autumn has well and truly arrived – temperatures are dropping and the rain is pouring. This hasn’t stopped us bringing great new functionality to eConveyancer, though, which we know you’ll love. New Fixed Fee Remortgage from £365 Finally, a truly all-inclusive remortgage product. No more unexpected TT fees or [...]

With HMOs generating the highest average rental yields, it’s no surprise that 21% of landlords* say they intend to purchase an HMO property in the future. So we’re pleased to announce we now accept HMO applications within Scotland – opening the door for more investment opportunities for your customers. Available for personal ownership or [...]

Our straight-up approach to mortgage underwriting means you and your clients always know where you stand. With upfront underwriting, we set clear expectations from the get-go. We’ll let you know our lending decision within 24 hours of receiving your application. And as long as the information you have declared at DIP stage is correct, [...]

We don’t see customers as numbers, they’re individuals with their own set of circumstances. That’s why we have the ability to judge each case on its merits. And we pride ourselves in our more rounded approach to credit assessment, looking at the applicant’s overall situation rather than just cold, hard numbers. Check out the [...]

With immediate effect we have increased the maximum LTV on land from 50% to 75%. The maximum final LTV, and the LTV as the works progress, remains unchanged at 75%. For more information please visit our website here, or contact your BDM.

Did you know you can get updates on the progress of your application on the Case Update screen on NFI Online? This includes a summary of the case requirements, the DIP, valuation, offer and the solicitor's information. You can also view the history of the case and access documents on this screen. Track my [...]

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: Metro Bank revolutionise mortgages to create fans not customers; Ipswich Building Society's common sense approach to self employed mortgages; TSB announce changes to [...]