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will amend the following residential and BTL products: Intermediary Exclusives • Selected 65% LTV fixed rates will be withdrawn Core • 65% LTV 5 year fixed rates with £995 fee and fee saver options will be increased by up to 0.11% • Selected 85% LTV fixed rates [...]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 [...]

Foundation Home Loans, the home of specialist lending, has announced two new fixed rates up to 80% LTV, for individuals as well as limited companies, available from Thursday 30th July, These products are available to clients who just miss out on mainstream credit scores: A new 2 Year BTL fixed rate of 4.29% with [...]

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: TSB reintroduces 85% LTVs; Metro Bank’s Joint Borrower Sole Proprietor up to 90% LTV; Darlington launch 90% LTV product; Family Building Society relaunch [...]

Following our return to 90% lending for first time buyers, we're introducing some new criteria, which we'll continue to review to ensure we lend responsibly. We're anticipating high call volumes into our Dedicated Broker Support teams and BDMs, so please check your client's eligibility before contacting us. If the application doesn't meet the criteria and/or it fails the [...]

Darlington Building Society has launched a 90% loan-to-value (LTV), 3-year fixed product, designed to provide further support for first and second-time buyers following the announcement of a stamp duty holiday.  The mortgage product has a fixed rate of interest at 3.39% until November 2023. It will be available direct from Darlington Building Society or via [...]

Halifax is making changes to its homemover and first-time buyer products today. It is increasing rates by 0.20 per cent on 80 and 85 per cent LTV two-year, three-year and five-year fixed rate deals. However, the lender is reducing rates by up to 0.10 per cent on 60 and 75 per cent LTV two-year, [...]

TSB has brought back its 85 per cent loan to value (LTV) house purchase and remortgage products, a month after pulling all deals at this tier. This means the fee-free purchase two-year fix has a rate of 2.14 per cent while the remortgage offering has a rate of 2.19 per cent. The two-year fixed [...]

We want to let you know about some further changes that we’ve made that impact how we assess new mortgage applications from customers who have taken out a mortgage payment break. For new business applications from customers who have taken advantage of a mortgage payment break, we are reducing the period of time that [...]

One of the most challenging parts of buying a house is saving for a deposit. That’s why we accept gifted deposits as full or part contribution. Who can gift the deposit? Any relative as defined by the Family Law Act 1996. Including step-parents, step-children, civil partner, former spouse, former civil partner, first cousins [...]