On Wednesday 15th July NatWest Intermediary Solutions will be temporarily withdrawing all Residential products from the Exclusive range, to ensure we meet our Brokers’ expectations in relation to the service we provide to them and their Clients, together with the resource required to support our existing Customers with their payment holiday requests. Brokers will [...]

Nationwide Building Society has announced the products and rates across its new 90% LTV first-time buyer range which launches next week. Available from Monday 20th July, two-year fixed rates start from 2.49% with a £999 fee or 2.74% with no fee. Three and five-year fixes are available from 2.79% with a fee or 2.99% [...]

With many struggling to with higher house prices, shared ownership could provide the solution. Generally with lower deposits needed, shared ownership properties are commonly more accessible than standard mortgages, and more secure than private renting. But do you know which lenders to turn to for flexible criteria and support in this space? Well look [...]

Any applications submitted on or after the 26th July 2020 will be subject to the new procuration fee structure of 0.36%, no minimum or maximum For Acquisition, Additional Borrowing, Product Transfers and Porting

What to include in your clients self-build application... Self-build can be complex as it is, so having a fully packaged application can smooth the process and help us the lender, to process much more efficiently! Check out what you need to include in your clients application. Building Plans We want to see what the [...]

RE‑INTRODUCTION OF 85% AND 90% LTV RESIDENTIAL RANGES Following increased customer demand, we are pleased to announce the re‑introduction of our high LTV Residential Ranges, offering your customers 5 year fixed products for purchases and pound for pound re‑mortgages: 85% LTV 5 year fixed rate at 2.99% with £999 product fee 90% LTV 5 [...]

As you’ll be aware the chancellor has cut all stamp duty on home purchases in England & Northern Ireland up to £500,000. Some brokers have been in touch about our policy for clients who had stamp duty paid as part of their deal with the developer and are looking to negotiate the stamp duty [...]

HSBC is offering customers mortgage advice via zoom calls for borrowers wanting to remortgage or purchase a home. The lender has kept most branches open during the last three months, but social distancing measures have limited the availability of mortgage appointments. Read more

With the Chancellor’s recent announcements on temporary stamp duty reductions until March 2021 and VAT being reduced for certain businesses, we at Precise Mortgages, have taken this opportunity to launch our own limited edition ‘Summer Sizzler’ product to complement these changes.      Highlights of our Ltd Company buy to let range includes: >.  Small and large [...]