Bank of Ireland adds broker exclusive two-year fix to 95% LTV range

By |2021-04-01T16:04:43+01:00April 1st, 2021|02, 04. April, 2021, Mortgage, Provider News|

This is in addition to their recently launched five-year fixed mortgage which marked their return to the 95 per cent LTV space. The mortgage will be available exclusively through intermediaries and eligible to first-time buyers, home movers and the self-employed. It has a rate of 3.99% with loan sizes between £150,000 and £500,000. Customers [...]

Coventry for intermediaries re-enters 95% LTV market

By |2021-04-01T16:02:27+01:00April 1st, 2021|02, 04. April, 2021, Mortgage, Provider News|

Coventry for intermediaries is re-entering the 95% LTV market with two 5-year Fixed products aimed at people buying homes with smaller deposits. The 95% LTV products are priced competitively and, with a maximum loan size of £400,000, they should appeal to a significant part of the purchase market looking for higher LTV products as [...]

Barclays: Made competitive rate reductions

By |2021-04-01T16:00:39+01:00April 1st, 2021|02, 04. April, 2021, Mortgage, Provider News|

We’re pleased to confirm we've made competitive rate reductions to a selection of 2 year fixed rate products within our existing residential purchase, remortgage and reward ranges. Residential purchase and remortgage rate reductions: Reduced - 1.50% 2 Year Fixed, £999 fee, 75% LTV - reducing to 1.38% Reduced - 2.04% 2 Year Fixed, £999 [...]

Nationwide: Selected rate changes

By |2021-04-01T11:48:36+01:00April 1st, 2021|02, 04. April, 2021, Mortgage, Provider News|

We've reduced selected 2 and 5 year Shared Equity fixed rates by up to 0.35%. Plus, we're reducing 2 and 5 year House Purchase and First Time Buyer fixed rates by up to 0.10%. For further details click here, or for our latest product guide click here.

Family Building Society: Make changes to their policy on rental income

By |2021-04-01T13:53:34+01:00April 1st, 2021|02, 04. April, 2021, Mortgage, Provider News|

With tax relief on mortgage interest being phased out gradually since April 2017, landlords have had to change the way they declare their income. The good news is that whilst some lenders choose not to accept rental income, Family Building Society will continue to accept it. However, they are reviewing their policy on the [...]

Halifax: Announce product launch

By |2021-04-01T13:15:22+01:00April 1st, 2021|02, 04. April, 2021, Mortgage, Provider News|

We've made the following changes to our product range: Remortgage (REM) Selected rate increases of up to 0.17% and rate reductions of up to 0.04% across 2 and 5 year fixed rate REM products. Further information Please click Find out more to access the Product Rate Guide which has been updated with the changes; [...]

Precise Mortgages: Why landlords who miss the EICR deadline could be in for a nasty shock

By |2021-04-01T11:53:21+01:00April 1st, 2021|02, 04. April, 2021, Mortgage, Provider News|

Group Distribution Director Roger explains why from 1 April, it’s not just new tenancies that landlords need to be thinking about when it comes to obtaining a valid Electrical Installation Condition Report (EICR). Read the article on our website here.

Virgin Money: Changes to lending policy for foreign nationals

By |2021-04-01T12:02:23+01:00April 1st, 2021|02, 04. April, 2021, Mortgage, Provider News|

We’re making changes to our residential and buy-to-let lending policy for Foreign Nationals. Following the introduction of the EU Settlement Scheme, customers who are EU/EEA/Swiss citizens (excluding Republic of Ireland) will need to evidence their permanent right to reside in the UK or their Settled/Pre-Settled status. To validate the Settled/Pre-Settled status, applicants will need [...]

BM Solutions: Announce product refresh

By |2021-04-01T13:23:11+01:00April 1st, 2021|02, 04. April, 2021, Mortgage, Provider News|

We’ve made the following changes to our product range: Product transfers (PT) Rate reduction to 5 year fixed 60% LTV £999 fee products. Please click find out more to access the Product Rate Guide which has been updated with the changes. If you have any queries regarding these changes please contact your BDM. [...]

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Phone: 01564 732 749

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