If you have carried out research for Vitality protection recently, you might have seen that as of Monday 19th April, Vitality have made a series of enhancements to the way you quote multi benefit solutions via iPipeline/Solution Builder and their own Adviser Hub. These enhancements are another step in the right direction which serve to [...]
We’re entering protection claims season whereby the various life companies release their claims data for the previous calendar year. One of the first to publish was AVIVA and they reported some incredible statistics. Aviva paid out over £1 billion in protection claims during 2020 Over 50,000 claims were paid out 99.2% of all claims were [...]
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: Don’t forget: Ceta are on panel! Supporting your active clients with MetLife; Practical Protection Podcast: Menopause, Breaking the Taboo from Cura. [...]
TSB has introduced some new Buy to Let products and made various rate improvements. New Buy to Let House Purchase and Remortgage products: 5 Year Fixed (3 Year ERC), 0-75% LTV. 2 Year Tracker (With no ERC) 0-60% LTV. Rates reduced on 2 and 5 Year Fixed (5 Year ERC) 0-60% LTV, with £0 fee, House Purchase and Remortgage by 0.25%. You’ll find the new product guide attached which is [...]
The current climate may have made prospective first-time buyers think about leaving home, changing their current living situation and stepping onto the property ladder. To support this potential uplift in new residential business coming your way, I’m delighted to announce that Kent Reliance for Intermediaries have re-introduced the 95% and 100% Market Share Value, Shared [...]
We’ve made the following changes to our product range: First time buyer (FTB) and homemover (HMV) Introduction of 2 and 5 year 95% loan to value (LTV) FTB and HMV products; Selected rate reductions of up to 0.35% across 0-60% LTV 2, 3 and 5 year fixed rate FTB and HMV products; Withdrawal of 2 [...]
Short term mortgage to remodel 2 separate flats into 1 high end home. The facts at a glance... 4 bedroom detached London home; Property split into two flats by vendor; Borrowers planning to return to a single home through interior remodelling and move in; 80% LTV of £1.575m purchase price; Part repayment/ part interest only [...]
A number of your customers may have found themselves in an uncomfortable financial position before the pandemic and even more so now which may have led to a fragile credit profile. Securing finance from a High Street lender will be extremely hard and that’s why we’ve updated our credit policy to further support self-employed borrowers [...]
We are introducing a new credit decision engine that will initially be available exclusively for brokers from 26th April. There will be many benefits for customers who choose a NatWest mortgage via an intermediary, including that there will be no hard footprint left at the Agreement in Principle (AiP) stage and no limit to the [...]
We're pleased to let you know we've improved our income criteria and will be accepting bonus, overtime and commission as part of your client's mortgage affordability calculation. The income criteria page and affordability calculator have been updated to reflect these changes. Find out more here.
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