By Q4 2019 there were more than 5m self-employed people in the UK, a huge increase from 3.2m in 2000 [1]. With the self-employed now making up 15% of the entire labour force, it’s a sector of the market that can’t be ignored, and one that’s currently experiencing a noticeable impact from the current [...]

With the recent announcements from the Scottish and Welsh governments regarding Land & Buildings Transaction Tax and Land Transaction Tax respectively, we wanted to let you know that eConveyancer is being updated to reflect these changes. Effective from 15th July, Purchase quotes for properties in Scotland now reflect the new thresholds. Effective from 27th [...]

LV= is entering the equity release drawdown market with the launch of a new product – Lifetime Mortgage Drawdown+. In uncertain and fast-changing times, having future flexibility is reassuring for clients who want to have control and choice on their income levels in retirement. LV=’s new Lifetime Mortgage Drawdown+ product is designed to be [...]

We have re-launched our Mainstream mortgage range for New Business. Product Changes Temporary withdrawal of selected mainstream new business products. All other products remain unchanged. New Business Mainstream Temporary withdrawal of 3 year fixed rate products Temporary withdrawal of 2 year fixed rates with £0 and £299 fee Temporary withdrawal of 5 year fixed [...]

Impacted by Covid-19 and may have received financial support from the Government. We are committed to helping business owners with their mortgages and therefore we are changing our mortgage documentation requirements to enable us to consider applications from self-employed customers temporarily impacted by Covid-19. What's changed? As part of our commitment to responsible lending, [...]

Here at Precise Mortgages we’re dedicated to supporting you and your customers with HMO and multi-unit properties: Available for properties with up to six bedrooms/units Applications accepted up to 75% LTV Available for purchase and remortgages Available in England, Wales and Scotland Maximum loan value up to £1m Available for landlords with small or [...]

Supporting your clients for longer… Our Older Borrower range is designed to support your later life clients with a mortgage in retirement. But how do they work...? Our Older Borrower products work just like a conventional mortgage product; however, we accept applicants from the age of 55 to 85, with a maximum term based [...]

Join us for another ‘Unplaceables’ Zoom Webinar hosted by our BDM Anna Thompson on 12th August 10am – 11.30am We need your cases As the name suggests, this webinar is all about hard to place cases, and we want to discuss your real life cases during the session. Please get in touch if you [...]

Recently, we have made the decision to reduce the maximum mortgage age to 85, with there previously being no maximum. By doing so, we can save you a lot of time when processing new applications, as most new business cases agreed are within this age bracket. Specifying a maximum age will also help manage [...]

we've made the following changes to our product range: Homemover and first time buyer All 2 year fixed rate products at 80-85% loan to value are temporarily withdrawn. Further information Please click Find out more to access the Product Rate Guide which has been updated with the changes The product search tool, sourcing systems [...]