Weekly Protection Update – 22nd January 2021

By |2021-11-29T17:33:21+00:00January 22nd, 2021|01. January, 2021, 22, Protection, Protection Insight Podcast, Provider News|

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: MetLife cover MortgageSafe and their up and coming webinars; Royal London launch "Underwrite Later" on business protection plans; AIG talk about the key [...]

The Right Loan: Even more flexibility

By |2021-01-21T14:53:54+00:00January 21st, 2021|01. January, 2021, 22, Mortgage, Provider News|

We are now able to offer even more flexibility to your clients through regulated short term loans. We have access to lenders with rates starting at just 0.46% with a minimum loan of £200K and what's more - we can look at longer terms up to 24 months if the loan is serviced and [...]

Zephyr: Average rents grow throughout 2020

By |2021-01-21T14:36:51+00:00January 21st, 2021|01. January, 2021, 22, Mortgage, Provider News|

At Zephyr, we regularly share the thoughts and views of our BTL experts, to bring useful insights for you and your clients. Read the latest report from The DPS about how rent for larger properties continues to rise at a faster rate during the last quarter of 2020, as tenants seek more space as [...]

Foundation Homeloans: Searches for Post-Furlough Residential Mortgages up 230%

By |2021-01-21T14:31:58+00:00January 21st, 2021|01. January, 2021, 22, Mortgage, Provider News|

Back in November, the Chancellor Rishi Sunak further extended the furlough scheme to provide additional support for a variety of businesses and individuals. While this remains a largely positive and vital solution, it has also introduced an extra layer of complexity within the mortgage lending community. This is obviously something lenders and intermediaries have [...]

Santander: Announce new 90% first time buyer exclusives and selected rate reductions

By |2021-01-21T12:30:02+00:00January 21st, 2021|01. January, 2021, 22, Mortgage, Provider News|

We’ve made improvements to our new business and product transfer mortgage ranges. New 90% LTV products available exclusively for first time buyers. Employed applicants only; self-employed applications continue to be temporarily restricted to 60% LTV; Selected residential fixed rates reducing up to 0.05%, and new 60% LTV 2 year tracker; New Help to Buy [...]

Precise Mortgages: Supporting you and your self-employed customers

By |2021-01-21T14:21:44+00:00January 21st, 2021|01. January, 2021, 22, Mortgage, Provider News|

Here's a recap of our residential mortgage products to see how we can provide specialist lending solutions to your self-employed customers. Up to 75% LTV for purchase and remortgage; Available in England, Wales and Scotland; We’ll consider applications with only 1 year’s accounts or Tax Calculation; Available for customers with less than perfect credit profiles: [...]

Aldermore: We’ve made changes to our buy to let range

By |2021-01-21T14:28:00+00:00January 21st, 2021|01. January, 2021, 22, Mortgage, Provider News|

I'm pleased to let you know about the changes we've made to our buy to let mortgage range. Launch of 2 year fixed products to 75% LTV - purchase and remortgage (1.50% product fee)* Single residential investment properties 2 year fixed rate at 3.38% for individual & company landlords; Multi property applications for single [...]

Accord: Reinstates higher loan to income caps for higher incomes

By |2021-01-21T13:56:13+00:00January 21st, 2021|01. January, 2021, 22, Mortgage, Provider News|

Accord Mortgages is reverting its loan-to-income (LTI) cap to five times for those on an income of £60,000 and above. In October 2020, LTI caps were standardised to 4.49 for all incomes to manage service levels. However, Accord’s recent headcount increase has improved capacity and this measure is no longer needed. As of Wednesday [...]

Metro Bank: Cut 90% LTV rates by 0.40%

By |2021-01-21T13:02:14+00:00January 21st, 2021|01. January, 2021, 22, Mortgage, Provider News|

Metro Bank has announced rate reductions of 0.4% on its 90% LTV five-year fixed rate mortgages. Purchase rates are now available at 3.59%, with remortgage rates starting from 3.64%. Additionally, Metro Bank has partnered with Brilliant Solutions, opening up access to a wider range of mortgage brokers. Charles Morley, director of mortgage distribution at [...]

Halifax: Application Dashboard case tracking

By |2021-01-21T12:21:54+00:00January 21st, 2021|01. January, 2021, 22, Mortgage, Provider News|

The Completion section of our Application Dashboard is live meaning you can now track progress online on all applications through the full journey from new application to mortgage completion.Select the Completion section of the Dashboard to show live updates on whether the conveyancer has requested funds, the planned date of completion and confirmation of the [...]

The Right Mortgage and Protection Network

St Johns Court , 70 St Johns Close, Knowle, West Midlands, B93 0NH

Phone: 01564 732 749

Using a Satnav? Please use postcode: B93 0NN to locate the office when visiting.

Testimonials

Like the friendly can do approach, keep it up!
Michael McGuiness, Adviser
My experience with TRM so far has been excellent I can’t tell you how much you guys have lifted me since March. The positive approach shown by everyone to get the business on and to get the commission paid is up lifting. What a breath of fresh air, great Network and fantastic positive attitude.
Andrew Smith, Adviser
You are a wake up call to this market and a revelation compared to my previous network.
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