What’s Happening The impact of coronavirus has resulted in our New Build 6 month offer extension process being effected. As part of the standard process the original Valuer is contacted to confirm that there has been no variation to the valuation provided at the time of application. Due to Valuers being furloughed this confirmation [...]
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: Nationwide & Accord cut mortgage rates; Kent Reliance launch new mortgage products up to 70% LTV; HSBC reduce rates & remain open for [...]
We've launched a 12 month discounted SVR product to support both new and existing landlord customers through the current coronavirus uncertainty. 3.95% Paragon SVR less 1% · 75% LTV · No product fee · Early Redemption Charge at 1% for 12 months · Free mortgage valuation · £299 application fee Available on single self-contained units, [...]
For your latest policy and product updates To help support you in these challenging times we have created a support page containing the latest information and updates on lending policy, products and operations. The page will be used for all temporary changes that have been made in reaction to the Government’s plans to tackle [...]
Here to help We know things are uncertain at the moment, so we want to reassure you that Santander are here to help you. Fraud is not going away, and criminals will always use current situations to try and trick people out of their money. We’re aware of some different scam tactics that are [...]
As you’ll be aware the restrictions impacting the ability to conduct physical property assessment has prompted a greater reliance on AVMs and remote (desktop) valuations across the market. Even before the challenges presented by the Covid-19 restrictions, we already supported a significant proportion of your client applications with an AVM for qualifying Residential mortgage [...]
Supporting you and your business Metro Bank are fully committed to the intermediary market with nationwide field and telephone BDM coverage across England, Scotland and Wales and a UK based Broker Helpdesk who are there to support you and your business. Reasons to use Metro Bank Digital valuations up to [...]
As a protection provider, paying claims is one of the most important things we do – providing your clients with a financial safety net when they need it most. We’d like to reassure you that we’re continuing to pay claims as quickly as possible, helping a number of customers and their families during this [...]
We recently made you aware of a number of changes to the way we assess affordability, and at HSBC, we are committed to responsible lending and ensuring the availability of credit where underlying affordability can be demonstrated. To continue to support and protect customers, we are providing you with further guidance around self-employed income. [...]
First of all, we wanted to thank you for your patience and understanding over the past few weeks, you don’t need us to tell you that it has been an incredibly challenging period for many, but it is pleasing to see positivity in the market and an optimistic outlook beginning to return to the [...]
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The Right Mortgage & Protection Network Limited is authorised and regulated by the Financial Conduct Authority. Registered Office: 70 St. Johns Close, Knowle, Solihull, England, B93 0NH. Registered in England and Wales. Registered Number: 08130498. FCA Number: 649443.
