We would like to update you on some amendments to our LTVs and product range. We have made the following changes: IS767 – Reduce LTV to 65% IS769 – Reduce LTV to 65% IS771 – Reduce LTV to 65% IS773 – Reduce LTV to 65% IS785 – Reduce LTV to 65% IS788 – Remove [...]
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 [...]
Is your customer considering incorporation? With the recent stamp duty holiday also including buy-to-let properties, now could be an ideal time to revisit landlords who, on the back of specialist tax advice, were previously considering moving their properties from personal name to limited company. Whilst they would still be liable for the 3% surcharge, [...]
We are making some changes to our criteria which go live as of Monday 17th August 2020. Hanley Economic has made a conscious effort to streamline and simplify some of our criteria, so whilst they may not be massive news worthy updates, hopefully our broker community and you as our business partners will find this [...]
We are working hard to make sure we understand our customers circumstances given the impacts of Covid-19. In this context we are putting in place some additional support to help underwrite self-employed customers. Please contact your BDM to discuss all self-employed cases prior to submission. This is necessary to help ensure you have a [...]
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: Natwest announce important update on self-employed process; Virgin Money make changes to self-employed mortgage documentation and announce product withdrawal; Foundation Homeloans launch residential [...]
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: Virgin Money provides notice of product withdrawal; Keystone Property Finance launches new "Summer Special" product range; Platform launch new product. [...]
On Friday 31 July 2020 we will re-launch our Mainstream and Buy to Let mortgage ranges for both New Business and Product Switching. Product Changes New product codes issued and end dates remain at end November. New Business Mainstream 2 year and 5 year fixed products with £999 product fee 60% to [...]
At 8pm on Wednesday 29 July we will amend the following residential and BTL products: Intermediary Exclusives • Selected 65% LTV fixed rates will be withdrawn Core • 65% LTV 5 year fixed rates with £995 fee and fee saver options will be increased by up to 0.11% • Selected 85% LTV fixed rates [...]
Keystone Property Finance have announced the launch of their new “Summer Special” products available for both its Standard and Specialist buy to let ranges. The new products will be available alongside the lender’s current product range for loans between £350,000 to £1 million. The specialist buy-to-let lender has launched additional products in response to [...]
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