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: Royal Bank of Scotland releases Leicester lockdown guidance; Foundation Home Loans widens their residential offering; Metro Bank release new large loans of up [...]
The move comes after the society experienced “overwhelming demand” for the product as other lenders pull back from high LTV lending. Read more
From Tuesday 30th June 2020 NatWest will be introducing rate decreases for products across their Core and Semi-Exclusive ranges for new customers. The changes also include reductions to cashback across their 2 and 5 year remortgage ranges. As well as a withdrawal of selected Semi-Exclusive remortgage products. Mark Bullard: “We’re delighted to be making [...]
In less than 20 years, social media has revolutionised the way we communicate with each other, giving us the opportunity to connect with people all over the world in a simple and fast way. Click here to find out more and read Precise Mortgages’ five top tips around boosting social media presence. [...]
In today’s market first time buyers are finding it very challenging to find a mortgage with no deposit or a deposit of 5% or 10%. Buckinghamshire Building Society’s Family Assist mortgage offers up to a 40 year term and allows the applicant to borrow up to 100% of the purchase price. By taking a [...]
We have developed the expertise to discuss complex cases and find the right solutions for your customers. We understand the complexities that come with various income streams and the need to individually underwrite and assess each case on its own merits. Why Metro Bank for Large Loans; NEW: Large Loan Range up to £5million [...]
This follows the easing of some lockdown restrictions in Scotland and Wales. Read more
What’s Happening In response to the high rates of COVID-19 infection in the community, the UK Government has confirmed an extended localised lockdown in Leicester for at least two weeks from today, 30 June 2020. This means that all physical Valuations already “booked” and “to be booked” beyond this date will move into a [...]
Applications in progress To avoid delays please submit the latest bank statements showing a salary credit within the last 35 days. Our latest SLAs Update 30th June 2020
Foundation Home Loans, the intermediary-only specialist lender, has today announced a number of key criteria changes to its specialist residential range. Following feedback from adviser, distributor and packager partners, and aligning with Foundation’s strategic goal of increasing its residential market share, the lender said it was targeting its criteria to support cases which advisers [...]
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