We wanted to let you know that from today, Wednesday 13 January, we can accept variable income (bonus, commission or overtime) in our affordability assessment. Here's what we'll accept Variable income must have been received after 2 December 2020 to show that customers have continued to receive variable income through the challenging economic conditions; [...]

Changes to Family Building Society (FBS) Expat Buy to Let applications From 1 February 2021, FBS will require Expat applicants to have a UK correspondence address. Visit their Intermediary website to find out more.

We've reduced selected remortgage rates by up to 0.45%. And we're reducing selected first time buyer, house purchase and shared equity rates by up to 0.40%. Plus, we're also reducing selected switcher products at 60% and 75% LTV by up to 0.20%. For further details click here. Important information You can reserve a product [...]

As part of the Brexit transition, EU, EEA or Swiss citizens living in the UK before 31 December 2020 must apply to the EU Settlement Scheme to continue living in the UK after 30 June 2021. To ensure we are supporting customers who were living in the UK before 31 December 2020, and in [...]

Exclusive magazine offer from Moneyfacts As a Legal & General Mortgage Club member you are entitled to receive free digital editions for any of our three publications. Sign up now and receive ongoing digital editions. Yes - it's free and delivered to your email inbox to read online every month. You can also get exclusive [...]

Welcome to 2021 and thank you for your continued support. 2020 saw the start of Metro Bank’s journey to become one of the leading specialist mortgage lenders in the UK. During 2021, we will continue to evolve and build our mortgage range – enabling us to support a wider breadth of mortgage customer. Here [...]

From 7th January we will be changing some of the loan to income (LTI) limits applied within our affordability calculation. We use an affordability model to calculate the maximum loan that is available on an application and LTI limits also apply. The less than £25,000 income tier which has a maximum LTI of 4.49x [...]

We're excited to bring you weekly improvements to our lending criteria throughout January. This details a round up of our general criteria adjustments and make sure you keep an eye on your inbox for the following changes, coming soon: General; Affordability (week commencing 11th); Self-Build  (week commencing 18th); Expat (week commencing 25th); General criteria [...]

Happy New Year from the team at The Right Loan. Following the festive period, some clients may be considering how to get their finances back in shape for the year ahead. A secured loan might be the answer to consolidating debt or simply a way to fund their plans for 2021. We will take [...]

Further to the national lockdown announcement by the UK government on Monday 4 January, our valuation partners have confirmed that they continue to provide valuation services at this time in England, Northern Ireland, Scotland and Wales. However, please be aware that valuations could take longer than usual which could impact the time to mortgage [...]