As from Thursday 30th April we are increasing interest rates on our J2 LTV series Please see details below J2 - Interest rates are shown without cash facility loading or interest servicing reductions Cash back Set up fee Minimum Advance Age Range Interest Rate (MER) AER 0% £0 £10,000 [...]
We’re aware that COVID-19 is having an unprecedented impact on the Intermediary market, and we’ve made a number of enhancements to our policy and procedures to support both you and your clients. Read more
Coventry for intermediaries re-introduces 75% LTV remortgage products and makes some temporary changes to how they underwrite self-employed cases. From 29th April 2020, Coventry for intermediaries will be re-introducing remortgage products at 75% LTV across both their owner-occupied and Buy to Let ranges. Read more
TSB are making temporary changes to the way customer income is assessed for new and existing residential mortgages, on 29th April. These changes will help balance the needs of new and existing customers, who may be impacted by Covid-19, and allow them to deliver a responsible approach to help customers borrow well. Read more [...]
When I was asked to take on the role of Managing Director – Mortgages, I was absolutely ecstatic. I was excited to see what the immediate future held and how we could drive forward new and improved solutions for our intermediary partners and their customers. After a buoyant even record breaking first 2 months, [...]
Welcome to this week's Protection 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: Aviva resume medical evidence requests; British Friendly announce new underwriting initiative; AIG introduce flexible policy requests; Zurich announce premium flexibility; Paymentshield release update [...]
From Thursday 30 April to support you and your clients during this challenging time, and to help reduce your time to offer, we’ll now be asking you to confirm via a Mortgage Application Tracking System (MATS) message on all new residential and Buy to Let applications whether or not your client’s income has been [...]
We are pleased to enclose new rate sheets containing details of; Our new SVR. We are passing on the full Bank of England Base Rate reduction and have reduced our SVR by 65 bps to 4.95%. A new 12 month discounted SVR product to support both new and existing landlord customers through the current [...]
Now, more than ever, it is important that customers maintain the protection cover they have, and where possible, we’ve added extra flexibility to our protection products. If your clients’ income has been impacted by coronavirus, we have introduced three options for our products, so your clients can adapt their policies to their personal circumstances. [...]
From Monday the 27th April we will resume requesting medical evidence for all applications in our pipeline, and also for all new applications. We previously stopped these requests in order to reduce pressures on the NHS. Having monitored the situation closely, we’ve reviewed this decision and feel that we now have the required confidence [...]
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The Right Mortgage & Protection Network Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: 70 St. Johns Close, Knowle, Solihull, England, B93 0NH. Registered in England and Wales. Registered Number: 08130498.
