12. December

Hinckley and Rugby: Update and exciting changes

By |2020-12-04T11:29:50+00:00December 4th, 2020|04, 12. December, 2020, Mortgage, Provider News|

‘Hinckley & Rugby Building Society are keen to update you on some exciting developments over the last few weeks! Changes to our broker portal We have spent time enhancing the broker portal for improved case tracking and will shortly be able to upload mortgage offers to the portal, making the process more streamlined and [...]

Principality: We’ve pledged not to repossess homes

By |2020-12-04T11:26:43+00:00December 4th, 2020|04, 12. December, 2020, Mortgage, Provider News|

We recognise that many people are facing financial difficulties right now and we will do all we can to help our Members that need it, which is why we've pledged not to repossess homes until 30th June 2021. We're calling on our Members who are struggling to pay their mortgage to work closely with us [...]

One Family: Lifetime mortgages update

By |2020-12-04T11:22:35+00:00December 4th, 2020|04, 12. December, 2020, Mortgage, Provider News|

Removal of all 2-year fixed products from new business Variable rate product changes: The CPI has decreased to 0.5% and the new rates on new business Variable lifetime mortgages will be: Variable Lite Interest Roll up with Voluntary Payment: 2.80% MER Variable Lite Interest Payment: 2.80% MER Variable Standard Interest Roll up with Voluntary [...]

Virgin Money: We’re making some changes

By |2020-12-04T11:20:07+00:00December 4th, 2020|04, 12. December, 2020, Mortgage, Provider News|

We wanted to let you know that we’ve made some changes to the following mortgages. Core Selected 90% and 95% LTV product transfer rates will be increased by up to 0.40% If you’re applying for one of these mortgages on behalf of your customer, please send us the application as soon as possible. You [...]

Coventry: Remortgage specials: rebuild your Spring pipeline

By |2020-12-04T11:13:31+00:00December 4th, 2020|04, 12. December, 2020, Mortgage, Provider News|

Coventry for intermediaries is simplifying their portfolio landlord lending policy. They have reduced the stress rate from 5.5% to 5% for all portfolio calculations, and have also increased the minimum portfolio landlord Interest Coverage Ratio (ICR) from 125% to 145% for Higher/Additional rate tax payers (anyone earning £49,000 or more in England and Wales [...]

Foundation Homeloans: Remortgage specials: rebuild your Spring pipeline

By |2020-12-04T11:09:19+00:00December 4th, 2020|04, 12. December, 2020, Mortgage, Provider News|

Foundation Home Loans is pleased to announce an exciting new remortgage range for both buy-to-let and owner-occupied mortgages, designed to support you in building a caseload of remortgage business that is unaffected by the stamp duty deadline. The Fee Assisted Buy-to-Let Re-mortgage Range A range of 2- and 5-year fixed rate re-mortgage specials at [...]

Precise Mortgages: Introducing our Limited Edition range of Buy to Let Mortgages

By |2020-12-04T10:59:51+00:00December 4th, 2020|04, 12. December, 2020, Mortgage, Provider News|

For your larger loan size cases, why not try our new flat fee fixed rate buy to let mortgages? Personal Ownership 3.59% 5 year fixed with £3,995 fee Affordability assessed at pay rate Loans from £300k - £750k Maximum 75% LTV HMO/Limited Company HMO 3.39% 2 year fixed with £2,995 fee 3.69% 5 year [...]

TSB: 85-90% LTV range expanded to Home Movers and new products launched

By |2020-12-04T11:49:40+00:00December 3rd, 2020|04, 12. December, 2020, Mortgage, Provider News|

TSB is re-introducing a full range of 85-90% LTV first time buyer and home mover products. First time buyer/home mover, 85-90% LTV, all with £500 cashback 5 year fixed, £0 fee at 3.94% (£995 fee at 3.79%) 2 year fixed, £0 fee at 3.84% (£995 fee at 3.69%) 5 year fix and flex, £0 [...]

Econveyancer: Say hello to equity release on eConveyancer

By |2020-12-03T15:18:30+00:00December 3rd, 2020|04, 12. December, 2020, Mortgage, Provider News|

We are delighted to announce that a new Equity Release option is now available on eConveyancer! You can now receive a transparent, total cost illustration when quoting via eConveyancer. In line with the Equity Release Council’s guidance, a Broker referral fee is not applicable on this product offering. Equity Release is available in England, Wales & [...]

AIG: We’re checking out of the conditions race for good

By |2020-12-03T13:09:35+00:00December 3rd, 2020|04, 12. December, 2020, Protection, Provider News|

How would you feel if your client wasn't covered by the critical illness cover you recommended? We don't like it either. That's why we're taking the focus away from the name of the condition and concentrating on the impact it has on your client's life. We’ve consolidated over 20 conditions into four groups. [...]

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Phone: 01564 732 749

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