Pepper Money want to help make you mission: possible Recent research commissioned by Pepper Money suggests that nearly 7 in 10 (69%) of those who have experienced adverse credit in the last 3 years and are planning to refinance or purchase a property in the next 12 months with a mortgage or remortgage are [...]

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: Ipswich are helping your clients reach the first rung of the property ladder; TSB launch new two year fixed remortgage product; Platform announce [...]

Principality Building Society has received two prestigious national awards for Best Regional Building Society and Corporate Social Responsibility, by the Mortgage Finance Gazette. The Society was awarded the Best Regional Building Society title for their product offering, which was based upon their interest rates and fees on a range of loan-to-value mortgages. Principality was [...]

Landlords need more support than ever across a sector where yields, costs and tax benefits are being squeezed. And with product numbers increasing - in terms of volume, variety and in some cases complexity – the value attached to a good, professional advice process continues to rise accordingly. But do you feel confident in [...]

A great solution for customers looking to get on to the property ladder with some help from their family. Product highlights Up to four applicants on the mortgage, with a minimum of one applicant on the property deeds – all four incomes considered Gifted deposit accepted from an immediate family relative Maximum age 80 [...]

Virgin Money are a lender who works hard for their intermediary partners. That’s why they’re pleased to announce that they’ve made some improvements to their lending criteria: Affordability They have increased the maximum loan to income for some of your clients, meaning they can now offer higher loan amounts. Loan to income multiples for [...]

Exciting news! We have reduced rates across our First Time Buyer range. The new rates are live now, we’ve included information on them in the table below. Product Old Rate New Rate 3 Year Fixed to 95% LTV - FTB 3.19% 2.89% 5 Year Fixed to 95% LTV - FTB 3.19% 2.94% [...]

Maximum 5.50x income - for residential remortgages where your client is borrowing the same or less. Giving your client a choice of standard legal fees paid or £250 cashback. ERCs apply Free standard valuation up to a property value of £2.5m. Please use our affordability calculator to see how much your client could borrow. Find out more here. [...]

We are pleased to confirm some more positive changes across our Residential and Reward ranges. Key existing product reductions Reduced - 2.89% 2 year Fixed, £0 product fee, 95% LTV, Min loan £5k, Max loan £500k, will reduce to 2.85% Reduced - 1.81% 5 year Help to Buy Fixed, £749 product fee, 75% LTV, [...]

Our brand new product is for those who wish to build their own second home – you may remember recently we updated our Self-Build application criteria to allow for second homes for self-build projects. Here is an overview of the product. MDS220 - 3.99% Self-Build/Renovation (for Second Home) Variable Discount for 2 Years (Arrears) [...]