With the housing market embracing technology in response to COVID-19 restrictions, Keystone have put in place a package of measures to ensure brokers are supported throughout the pandemic and in the long term. Having a 100% cloud-based mortgage processing system has allowed all Keystone employees to successfully work from home throughout the pandemic, in [...]

For over 12 months we have been supporting UK expatriate applicants looking to increase their portfolios here within the UK. This is an area that we have continued to support right throughout the pandemic.  Our expat range of mortgages are available to UK Nationals living or working abroad in any FATF member country and [...]

HSBC UK have temporarily withdrawn mortgage products above 85% LTVs for new business. Offering a competitive product and being able to provide a great and timely service is extremely important to us and the sustained high levels of demand, as one of a few large lenders open to business at this level, has impacted [...]

Foundation residential range update offers newly increased loan to value band, maximum loan size of £2million, and improved competitive rates We have enhanced our residential range to support more of your clients, with competitive initial rates available at an increased loan to value, a new maximum loan size, selected rate reductions, and all initial [...]

Atom Bank is re-entering the mortgage market with a range of purchase and remortgage products. The lender has revised its product range and will now be offering two and five-year purchase and remortgages for new customers, up to 80% LTV. During the pandemic, Atom made the decision to temporarily withdraw its products for new [...]

We have updated our Residential Mortgage Calculator to ensure that your self employed customers can have their affordability accurately assessed. You will no longer be required to contact your BDM for the majority of cases. The calculator will have four additional fields you will need to populate: Loan amount on Capital and Interest Cases [...]

Our new Interest-only mortgages could be a great choice for your residential clients who want more control and flexibility over their finances. Lending criteria at a glance: No minimum income requirement – but your client must have sufficient income to support an equivalent repayment mortgage and meet our repayment affordability checks; A maximum of [...]

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: Atom Bank re-enters mortgage market; The Coventry launch new interest only range; Vida Homeloans returns to market to change mortgages for good; HSBC [...]