TSB has introduced two-, three-, five- and 10-year fixed deals at up to 85 per cent LTV for purchase and remortgage. The lender is also now offering two- and five-year 85 per cent LTV deals for shared ownership and shared equity house purchase and remortgage. And it has reduced rates by 0.15 per cent [...]

Santander has increased its maximum loan amount from £1m to £3m. At the same time, the bank is reintroducing 75 per cent loan to value (LTV) buy-to-let mortgages. Helen Harrison, head of intermediary distribution at Santander for Intermediaries said: “We are pleased to have remained open for business during the Covid-19 pandemic, progressing 70 per [...]

Kent Reliance for Intermediaries know that many of your customers will have been placed on the furlough scheme, and as part of an ongoing commitment to supporting brokers during these unprecedented times, here’s how the specialist lender can help your residential and buy to let customers receiving furlough income. Residential criteria Furlough income accepted - [...]

We’re pleased to report that we’re making some positive changes to our later life proposition as we work our way through these turbulent and challenging times. With immediate effect we’ve: Removed the LTI restriction of 4.5 x income for like-for-like re-mortgages, taking it back up to 6 x income Re-introduced the consideration of earned [...]

As you will have hopefully seen and heard, Kensington Mortgages are pleased to announce that from WEDNESDAY 3rd JUNE, we will be relaunching some of our New Build Products, in addition to some other additions to our mortgage proposition. Key points from the latest update to our products are as follows. Help to buy [...]

As you know the governments furlough scheme has been extended, and with two-thirds of businesses having already used the government’s scheme since it was announced*, Precise Mortgages and the wider OSB group have been looking at how we can support your customers who are currently in receipt of furloughed income. We are pleased to [...]

At Pepper Money we believe its important to be transparent about how we assess your clients' applications. Due to the on-going effects of COVID-19, we've made some changes to our underwriting requirements. We don't accept applicants who are: Currently in receipt of Coronavirus Job Retention Scheme (CJRS) Currently in receipt of the Self [...]