Providing an early gift whilst helping to protect some inheritance value Christopher Spencer’s story Christopher is a 70 year old widower of four years living in the New Forest. He met his new partner 18 months ago and they’re now living together. He’s enjoying life to the full again and has a comfortable retirement. He [...]

When it comes to clients with complex incomes it can be difficult to find a ‘mainstream’ lender who’ll consider the loan size your client wants. It can leave you turning to more specialist lenders who might help but it can mean your client has to pay a higher interest rate. One of the last lenders [...]

We stress test our holiday let applications based on the properties’ weekly rental. In addition to the usual packaging requirements we require a letter from a local holiday letting agency confirming the high, mid and low season rates. We will then take an average of these seasons over a 30 week period to calculate the [...]

Virgin Money have deals available up to 80% LTV for both purchase and remortgage applications, and up to 75% LTV for portfolio landlord applications. So there’ll be something for everyone in their buy-to-let product range. To find out more, visit the website, talk to your dedicated Business Development Manager or contact your Regional Service Team.

On Friday 30 August 2019 we will re-launch our Mainstream and Buy to Let mortgage ranges for both New Business and Product Switching. Product Changes Fixed rate end dates unchanged. New product codes will be issued for all products. New Business Mainstream All 2 year fixed rates up to 75% LTV reduced by 0.05% Selected [...]

H&R for Intermediaries is launching a new marketing initiative in September, following the success of last year’s innovative Mortgage Mission: Possible campaign. Bistro H&R – a deliciously exclusive venue for intermediaries – throws open its metaphorical doors next week, promising a menu full of tasty mortgage solutions to complex cases. Whether your client is a [...]

When it comes to your interest only clients, we’ve got it covered. Here’s why… We accept cases up to 75% LTV (with a maximum loan of amount of £2m), with part and part loans up to 80% LTV We accept downsizing as a repayment vehicle, with a minimum equity requirement of £300,000 Our minimum income [...]

TSB is making changes to a selection of products. A summary of the changes are below. Reduced rates on: 5 year fixed house purchase 75-85% LTV by 0.05% 5 year fixed remortgage 60-80% LTV by 0.05% 5 year fixed product transfer 75-80% LTV by 0.05% Selected buy to let rates by up to 0.25% [...]

What existing products are we increasing? Residential Purchase 2.77% 2 Year Fixed, £0 product fee, 95% LTV, Min loan £5000, Max loan £375000 will increase to 2.87% 2.99% 3 Year Fixed, £0 product fee, 95% LTV, Min loan £5000, Max loan £375000 will increase to 3.09% What existing products are we reducing? Residential Purchase [...]

There’s never been a better time to consider a 10 Year Fixed mortgage. For those clients wanting long-term stability or an excellent way to budget, it could be a very attractive option. The great news is that we’ve made reductions on our 10 Year Fixed Owner-Occupied rates across all LTVs, including selected products with [...]