BUY TO LET We recently reduced our 75% LTV product range by 20bps for new customers and continue to offer all re-mortgage customers the benefit of two fees assisted options for properties up to £2million. Buy to Let highlights No minimum income (subject to rental void plausibility checks) Maximum 75% LTV Top slicing considered [...]

How well do you know shared ownership? Are you seeing an increase in first-time buyers struggling to get on the property ladder? Or a rise in the amount of customers worried about high house prices? If so, Kent Reliance for Intermediaries could be the answer, as they’re offering shared ownership loans of up to [...]

We’ve launched new products across our Residential, Later Life and Expat portfolios, introducing a new 85% LTV product. Product Details Product code FX674 - part of our Residential range. Available for purchase or remortgage. Fixed rate of 1.79% to 30.09.22. Available on repayment to 85% LTV. Maximum loan size of £425,000. £299 booking fee. £699 arrangement fee. Free [...]

“I’ll be there for you, when the rain starts to pour…” Like the famous Friends soundtrack goes, building societies have always tried to be there for their customers – and that’s remained the same during the unexpected pandemic of COVID-19. They have stayed open for business when other lenders, were forced to close, offering [...]

Furness Building Society has introduced 95% lending in LA postcodes in a bid to get behind first time buyers in its Heartland.  With lenders dipping in and out of the high LTV space, Furness has restricted its lending geographically to offer a longer-term commitment to its local communities and especially first time buyers trying [...]

We are now at the stage where we can start to look forward and consider what shape the market might take beyond the COVID-19 crisis. The pandemic has impacted many areas of life, particularly people’s finances – and so it is likely that it will play a part in carving out what tomorrow’s mortgage [...]

Product Changes New Business Mainstream Temporary withdrawal of 5 year fixed £0 product fee (M2030) at 90% LTV. Buy to Let No change   Help to Buy No change Product Switch Mainstream No change   Buy to Let No change Help to Buy No change [...]

As at Tuesday 9th July 2020                                                     Applications in progress To avoid delays please submit the latest bank statements showing a salary credit within the last 35 days. Fully packaged new applications 11 working day to assessment/approval Fully packaged Foreign Income/Legacy applications 14 working days to assessment/approval Assessing Supporting documents [...]

Santander is removing cashback from all 85 per cent loan to value (LTV) fixed-rate purchase products from 10 July. All products will still receive a free standard valuation, up to a property value of £2.5m. Four products are affected – a pair of two-year and five-year fixes with fee-free and £999 fee options. [...]

The Family Building Society believe in flexibility. They won't say no to your clients just because of their age or because they don’t tick the ‘normal’ boxes. They’ll always treat your client as an individual and look for ways to say yes. See how they can help your clients.