Nationwide Building Society is extending its 85 per cent LTV lending through brokers and its online channel.

By |2020-04-23T11:18:22+01:00April 23rd, 2020|04. April, 2020, 24, Covid-19 Mortgages, Mortgage, Provider News|

Nationwide is extending its 85 per cent LTV lending through brokers and its online channel. The LTV extension covers all new lending business. Previously the building society had withdrawn new customer lending above 75 per cent LTV so it could focus on its existing members and applications. Due to the government’s lockdown measures to [...]

Virgin Money: Summary of changes being made

By |2020-04-23T11:14:16+01:00April 23rd, 2020|04. April, 2020, 24, Covid-19 Mortgages, Mortgage, Provider News|

Product Launch Criteria Change Service Update Summary of new deals From 8am on Friday 17 April, our Core range will be extended to include the following products available for properties valued between £80,000 - £500,000: ·         NEW 75% LTV 2, 3 and 5 year fixed rates for residential remortgage ·         NEW 65% LTV for [...]

Clydesdale Bank: Summary of changes being made

By |2020-04-23T11:09:46+01:00April 23rd, 2020|04. April, 2020, 24, Covid-19 Mortgages, Mortgage, Provider News|

Product Launch Criteria Change Service Update New purchase product range We are now able to offer residential purchase products up to 65% LTV, have extended the maximum LTV for residential remortgages up to 75%, and can offer BTL up to 60% LTV for both purchase and remortgage. New products In the coming days we [...]

TSB: Have increased their stress test for some Buy to Let customers

By |2020-04-23T10:43:09+01:00April 23rd, 2020|04. April, 2020, 24, Covid-19 Mortgages, Mortgage, Provider News|

TSB have today increased their stress test for Buy to Let customers who are taking 5 year (or higher) fixed rate products on either Purchases or Remortgages (as long as there is no additional borrowing) from 4.5% to 5.0%.

Skipton Intermediaries: Have updates regarding their new build, purchase and remortgage cases

By |2020-04-23T10:41:11+01:00April 23rd, 2020|04. April, 2020, 24, Covid-19 Mortgages, Mortgage, Provider News|

Skipton for intermediaries already provide a 9 month offer with a 3 month extension on New Build cases, and a 6 month offer with a 6 month extension on purchase and remortgage cases. They have said that they will now consider another three month extension to those stated above, subject to a reassessment of the [...]

Principality: Extending any Residential or Buy to Let Mortgage Offers for 3 months in line with the regulation

By |2020-04-23T10:39:08+01:00April 23rd, 2020|04. April, 2020, 24, Covid-19 Mortgages, Mortgage, Provider News|

Principality Building Society will automatically extend any Residential or Buy to Let Mortgage Offers for 3 months in line with the regulation. When you receive a new completion date, you need to contact them and they will review the file.

The Melton Building Society: We have launched a new Desktop Valuation service

By |2020-04-23T10:33:08+01:00April 23rd, 2020|04. April, 24, Covid-19 Mortgages, Mortgage, Provider News|

The Melton Building Society have announced that they are launching a new Desktop Valuation service with effect from Friday 17th April for both Residential and Buy to Let. They tell us that all products above 60% LTV prior to being withdrawn at the end of March will now be reinstated up to 90% LTV, [...]

Aldermore: We’ve made some changes to the way that we work and to our mortgage range

By |2020-04-23T10:29:34+01:00April 23rd, 2020|04. April, 2020, 24, Covid-19 Mortgages, Mortgage, Provider News|

As we continue to adapt to the impact coronavirus is having on our everyday lives, we want to reassure you that we’re still here for you and your clients during this time. We’ve made some changes to the way that we work and to our mortgage range and will continue to review these over [...]

The Right Mortgage and Protection Network

St Johns Court , 70 St Johns Close, Knowle, West Midlands, B93 0NH

Phone: 01564 732 749

Using a Satnav? Please use postcode: B93 0NN to locate the office when visiting.

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