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: Halifax show how you can change applicants on an application; Atom Bank change mortgage products; Natwest announce enhancements to self employed proposition. [...]

This is an important reminder on application amendments relating to customer names. Once you’ve started keying an application and you wish to change the order of the applicants, or add / remove an applicant, it is extremely important that you do not amend one customer details to those of another customer. This applies to all [...]

This is an important reminder on application amendments relating to customer names. Once you’ve started keying an application and you wish to change the order of the applicants, or add / remove an applicant, it is extremely important that you do not amend one customer details to those of another customer. This applies to all [...]

See our new Buy-to-Let range with lower rates and new LTVs. Last month we were delighted to announce that we had joined the London Stock Exchange in another landmark moment for the business. This year we’ve consistently delivered on record demand and simplified the Buy-to-Let application and underwriting process through our tech. That was crystallised by this [...]

We've made some changes to our Prime purchase and remortgage products. You can find a summary below: Prime Rate Changes: Reduce 2 year fixed 90% LTV rates by 0.15%; Reduce 5 year fixed 90% LTV rates by 0.10%. Prime Minimum Loan Size Changes Minimum loan size reduced from £145K to £100K on our 85% and [...]

Please refer below for our current service levels to help manage your customer’s expectations for new applications. Important timescales New fully-packaged ‘right first time’ applications to approval are taking on average: Type Average number of working days’ for Underwriting assessment Standard Applications up to £1m paid in UK Sterling Employed - 8 w/d Self-employed - [...]

We've made changes to Policy to increase the number of self employed customers we can support by allowing applications from those self-employed customers who have historically claimed SEISS grants. What’s changing: We will now accept applications from self-employed customers who have previously received the SEISS grant providing this is not within the 3 months preceding [...]

We're pleased to announce that following our re-launch of our limited edition products for HMOs and multi-unit blocks last week, we've now re-launched our two limited edition products for single self-contained properties. And remember, for a limited time only, for multiple property applications we are only charging one application fee! Speak to your Regional Manager to take advantage [...]

The products team have been working hard on producing some new and exciting limited edition products for Precise Mortgages and as a result we are delighted to advise that we've added new products to the Precise Mortgages Buy to Let range. These products sit alongside the current products – there are no product withdrawals.   [...]

Our policy on variable income is changing - so we could help more of your clients We’re making things easier for you by letting you know about some important changes to our policy on variable income, which includes bonus, overtime, or commission. We’ve reviewed our policy following your feedback, and changes to our acceptance criteria [...]