We have increased the rates of the following products: 2 year purchase products in the 85% and 90% LTV brackets; 5 year purchase products in the 90% LTV bracket; All other products and features remain unchanged. The new rates have been available on sourcing systems from Tuesday 19th January, and our rate table and [...]

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: Santander announce new 90% first time buyer exclusives; Nationwide increase maximum term on 90% LTV lending; Metro Bank cut LTV rates by 0.40%. [...]

Leeds Building Society is returning to whole of market lending at 90% LTV with two new deals – a two year fixed rate at 3.44% and a five year fixed rate at 3.50%. The new 90% LTV products are available for residential purchase or remortgage. Both come with a £999 product fee, a free [...]

It's time for this weeks instalment of our new lending criteria updates, with our new affordability changes. We're excited to introduce the following changes to our affordability: A new and improved affordability calculator launched with enhancements made to the ONS figures used for applicants expenditure. Key changes to working affordability including an enhanced income [...]

Chorley Building Society are pleased to announce the launch of a new ‘First-Time Landlord’ product in the buy to let market. This product is specifically aimed at those who are entering the buy to let market for the first time, an area that many other providers are now not supporting. Julie Goodwin, Chorley’s Head [...]

We are pleased to confirm we've made a further number of positive changes to products across our Residential Purchase, Remortgage and Reward ranges. Key purchase change highlights These changes willl see us reduce a selection of our 60%, 80% and 85%  2 and 5 Year fixed rates by as much as 0.18% and in [...]

To calculate the percentage loan to value (LTV) when a product transfer (PT) is required, we use an indexed valuation figure which is updated quarterly by the Halifax Housing Price Index (HPPI). Ahead of the next changes to HHPI, expected in January, we wanted to take this opportunity to remind you that our online [...]

We've reduced the interest rate on our J6 LTV series J6 Cash Back Set Up Fee Minimum Advance Age Range Interest Rate (MER) AER 0% £0 £10,000 65-95 5.31% 5.44% 1% £0 £10,000 65-85 5.41% 5.55% 2% £0 £10,000 65-85 5.51% 5.65% 3% £0 £10,000 65-85 5.61% 5.76% 4% £0 £10,000 65-85 5.71% 5.86% 5% [...]

Our 3-year and 5-year FIXED RATE Shared Ownership mortgage products are BACK! Find out more HERE. Don't forget: New instant chat service now available; No credit scoring - all cases are assessed on individual merit; Tailored underwriting with each case individually considered. A dedicated BDM happy to help you on an individual basis. [...]

After a strange year, with many of the challenges still remaining this year, what can brokers and professionals landlords expect from the Buy-to-Let market in 2021?  As well as learning the lessons of the past year, lenders need to continue offering new and innovative financing that can allow brokers and their clients to get the best [...]