The Family Building society have announced  some important changes to their range of Owner Occupied and Buy to Let Mortgages.  These changes will take effect from the 16th November 2021. Full details can be found on the official Family Building Society website.

While much of the market’s attention this year has been focused on purchases, in large part due to the Stamp Duty holiday, 2021 is in fact set to be a big year for remortgages. According to data from CACI, across this year mortgages worth a total of £183.2bn are set to mature. That’s an [...]

We can lend up to £5 million with no limit on the number of properties in the landlord’s portfolio. That’s potentially very useful for your larger portfolio clients as well as companies and LLPs. And we’re open to remortgage cases, too. KSP's: We’ll lend up to £5m with no limit on number of properties [...]

It’s a favourite topic of mine, given the size and the shape of the mortgage market and the reach that the Club has. I think we are all agreed about the importance of whole of market advice, particularly when we come to interest only mortgages for the over 55’s.  Where I do believe we [...]

New Limited Edition BTL remortgage only range   Landbay has launched an exciting range of Limited Edition 5 Year remortgage only products, with rate reductions of up to 25 bps!   The products are available for standard, small HMOs and MUFBs for loan sizes between £250K and £500K.   For more info, speak to [...]

News from TSB: TSB removes temporary coronavirus policies for affordability and offer extensions TSB has updated it’s temporary criteria relating to coronavirus impact to income and offer expiry, effective from 11 November. Due to the Government Job Retention Scheme ending on 30 September, the lender has removed reference to applicants being ‘furloughed’ or in [...]

From tomorrow, Thursday 11 November Having trouble viewing this email? Read Online We're reintroducing tracker products From tomorrow, Thursday 11 November, we're reintroducing tracker products for your clients. Rates will start from 0.79% for new and existing customers moving home and those looking to switch, with rates from 0.89% for first time buyers and those [...]

Important News from TSB: Residential rate improvements. TSB has made improvements to Residential rates effective from Friday 12 November. Rates reduced on: First Time Buyer and House Purchase ·        2 & 5 Year Fixed (5 Year ERC) First Time Buyer and House Purchase 90-95% LTV  by 0.20% The product guide is attached and embargoed [...]

Changes to LTV Parameters for Residential Mortgages   Mortgage lending continues to remain a key priority for the Private Banking lending proposition and we are pleased to announce some changes to LTV parameters. These changes are based on your feedback and will enable us to support more clients by meeting their complex lending needs [...]

Would you like to know how you can help your borrower's with complex credit? In order to help borrower's with complex credit, it is key that a lender is able to understand which event has impacted their credit profile; this could be the result of a life event, such as unemployment, divorce or illness. [...]