Over the past few weeks we’ve seen a raft of statistical data emerge from the BTL sector, some of which gives great insight, notably around profitability, yield and landlord intentions. The latest Q3 Landlord Panel research from BVA BDRC outlined that profitability remains largely unchanged in Q3, with 84% of landlords currently making a [...]
We’re pleased to launch a brand new set of 5 year fixed rate winter wonders within our buy to let mortgages range. Take a look at the new products below. 3.19% 5 year fixed rate only 2% product fee Refund of valuation (max £630) 3.29% 5 year fixed rate only Fixed [...]
A regional view of landlord trends We're pleased to share the final report from this quarter's BVA BDRC Landlord Panel research. Download the report here.
Chorley Building Society is excited to announce it has entered into the Joint Borrower Sole Proprietor (JBSP) market. We understand that for various reasons, applicants may need to look to a family member to help with affordability, in order to obtain a mortgage. Likely to appeal to customers with an “income gap” who initially [...]
As communicated on Friday, today we have withdrawn the following deal from our Intermediary Exclusive range: 65% LTV 5 Year Fixed Rate at 1.46% with £1,495 fee Additional Information End dates remain at 1 March of the relevant year. For full details of our new range, please view our Mortgage Update. For any other [...]
TSB have made improvements to rate switch products. A summary of the changes are below: Residential rates reduced on: 2 year fixed 0-60% LTV, rates reduced by 0.10% 2 year fixed 60-120% LTV rates reduced by 0.05% Buy to let rates reduced on: 2 year fixed 0-75% LTV, rates reduced by 0.05% New product [...]
Our broader criteria means that we can help you support more and more of your clients with specialist cases. Find out how your expertise combined with our criteria could bring extra opportunities your way here. Read about our broader criteria here.
Fleet mortgages introduces new reduced rate products and withdraw selected products throughout their individual range. These are being replaced with products with a lower initial rate. For more details visit our website here. To discuss a case, please contact your local BDM or our internal sales team on: 01252 916800.
As usual, there has been a lot going on, so here's your summary of all recent more2life news! Along with a 5* win, there's a marketing masterclass webinar, an underwriting update from Martin Heppenstall, Chief Underwriter, and more. Yesterday evening, it was announced that advisers voted for us as a 5* service provider for [...]
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: Chorley announce criteria improvements; Virgin Money confirm product withdrawal; TSB make improvements to rate switch products.
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